This brings an end to one of several high-profile legal battles Uber is currently involved with across the world.
News has emerged that the ride-hailing firm Uber is to hand over $148 million to settle ongoing legal action over the 2016 cyber-attack the company tried to hide, and that exposed data from 57,000,000 millions of its customers and drivers.
As well as the financial settlement, the company has also agreed to fundamentally change the way Uber runs itself in order to prevent future breaches. The company is to also reform its endemic corporate culture.
The multi-million dollar settlement is between 50 U.S. states and Washington, D.C.
The announcement however only brings an end to one of several high-profile legal battles Uber is currently embroiled with around the world. The company is seeking to have all its legal battles settled before an initial public offering scheduled for next year.
10 month investigation.
A 10-month investigation into the data breach revealed that personal data from 57 million Uber accounts, including 600,000 driver’s license numbers.
The massive breach happened in 2016 but Uber sought to hide it from regulators, even going as far as to pay the hackers behind the breach $100,000 to delete the data they stole.
The cover-up drew global criticism.
It broke several data laws in the USA and other countries around the world.
“We know that earning the trust of our customers and the regulators we work with globally is no easy feat,” said Uber Chief Legal Officer Tony West, after the settlement was announced. “We’ll continue to invest in protections to keep our customers and their data safe and secure, and we’re committed to maintaining a constructive and collaborative relationship with governments around the world.”
Uber must still still face several other lawsuits from passengers, drivers and the cities of Chicago and Los Angeles, who filed their own court documents in relation to the data breach.