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

MG News | September 27, 2018 at 10:28 AM GMT+05:00

0:00

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)

Related News

Name	Price/Vol	%Chg/NChg
KSE100	164,444.72 1,390.47M	-0.75% -1241.66
ALLSHR	100,263.22 3,076.68M	-0.52% -522.58
KSE30	50,467.16 136.66M	-0.90% -456.01
KMI30	239,381.13 102.98M	-0.94% -2269.59
KMIALLSHR	66,143.45 1,531.56M	-0.67% -449.11
BKTi	46,609.98 59.41M	-0.86% -404.53
OGTi	32,245.33 12.94M	-0.42% -134.82

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	111,835.00	112,095.00 109,850.00	285.00 0.26%
BRENT CRUDE	62.29	62.75 62.06	0.38 0.61%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	93.00	93.00 92.50	1.95 2.14%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	58.65	59.11 58.45	0.38 0.65%
SUGAR #11 WORLD	15.73	15.80 15.67	0.04 0.25%