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Home Market dynamics

Uber settles with FTC over 2016 hacking incident

Author: Mash Yang
2022-07-25
in Market dynamics, App, network
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In 2018, Uber had already spent $1.48 million in lawsuits with U.S. state prosecutors.reach a settlement, and earlier with the U.S. Federal Trade Commission (FTC)Reached a non-prosecution settlement.

Uber settles with FTC over 2016 hacking incident

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The lawsuit stems from allegations that former Uber CEO Travis Kalanick concealed the 2016 hack and authorized the release of$10 paidThe affected 5700 million users’ private data was deleted, and although Dara Khosrowshahi, who took over as CEO, later admitted the incident, he did so inTwo months after taking officeThe decision to make the information public has caused many outsiders to question how much importance Uber attaches to protecting user privacy, resulting in prosecutors in Illinois, New York, Massachusetts, Missouri, and Connecticut all filing lawsuits against Uber.

However, Uber subsequently reached a settlement with prosecutors in various U.S. states for $2018 million in 1.48, while guaranteeing that there would be no further user privacy leaks in the future and that it must also improve its internal corporate culture.

In a settlement reached earlier with the U.S. Federal Trade Commission, the company acknowledged that it had not followed proper procedures for promptly notifying the company of a cyberattack. The company also agreed to cooperate in a lawsuit filed by former Uber security chief Joe Sullivan, who was fired shortly after the hack became public.

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Tags: FTCUberFederal Trade Commissionhacker
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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