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Uber suffers another data breach

erek

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They're asleep at the wheel

"This is the third time in six months that Uber has been the victim of a data breach.

In December, details of more than 77,000 Uber employees were leaked online after a cyberattack targeted Teqtivity, used by Uber for IT asset management services. The leaked data reportedly included corporate information such as source code and IT asset management reports.

Uber suffered another “cybersecurity incident” in September that forced it to shut down many of its internal tools, communications and engineering systems. The ride-hailing company claimed at the time that the attacker was affiliated with the Lapsus$ group."

Source: https://www.siliconrepublic.com/ent...each-driver-info-stolen-law-firm-genova-burns
 
Haven’t they also been hemorrhaging money for the past few years? Wouldn’t be surprised if they went under soon.
 
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Haven’t they also been hemorrhaging money for the past few years? Wouldn’t be surprised if they went under soon.

As I recall they have yet to run at anything but a loss.

This is not because the ride sharing model isn't profitable, it could be, but rather it is because they are dumping a huge amount of money into the development of self driving (AI?) tech.

Apparently they consider the whole "human driver" thing only temporary, and think the future is self driving ride hailing, so they aren't content to make money in the business they are currently in, but instead are spending a ton of money to arrive at the business they want to be in in the future.

So, you could look at it right now as them using a combination of investor money and revenue from human driver ride hailing operations to fund the development of their "next big thing".

Whether or not that winds up being the way to go, only time will tell.

There has been news about Uber selling their self driving efforts to a third party, Aurora, but this is mostly misleading, as Aurora is essentially a subsidiary of Uber. it seems like they are doing this simply for legal purposes, in order to shield the parent company from liability from self driving tech failures.
 
I don't use the ride sharing app but I do use Uber Eats (although I prefer Doordash overall)
 
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