Uber to pay $148 million penalty over data breach it concealed

September 27, 2018: Ride hailing service Uber has agreed to pay record $148 million penalty over a massive 2016 data breach which the company concealed for a year, announced New York's attorney general on Wednesday.

"This record settlement should send a clear message: we have zero tolerance for those who skirt the law and leave consumer and employee information vulnerable to exploitation," New York Attorney General Barbara Underwood said in a statement.

Uber learned of the breach in November 2016 involving personal information of 57 million riders and drivers, nearly half in the United States, the statement said.

(APP)