UK regulator says Uber's secret $100,000 pay-off to hackers to cover up a huge breach of customer and driver data raises 'huge concerns'. Francis Maguire reports.
Uber is in trouble with regulators. Just months after Transport for London said the firm was 'unfit' to run a taxi service in the city.... It's now upset the UK's data protection regulator. The agency said it had 'huge concerns' about the data policies and ethics of the ride-hailing firm. This after it emerged Uber had secretly paid $100,000 to pay-off hackers to cover-up a breach of customer and driver data. Uber's new CEO said he only recently found out about the hack which happened in October 2016 - when Travis Kalanick was in charge. (SOUNDBITE) (English) WH IRELAND CHIEF MARKET STRATEGIST MIKE INGRAM, SAYING: "They will argue that it's a legacy issue. That they're putting their house in order. But it highlights also just the scale of the task that the new CEO has. This latest revelation merely highlights that Uber is a company that has had and maybe still has some profound problems." The personal information of 57 million Uber accounts was stolen in 2016. Uber said two senior security officials were fired for their involvement in the cover-up. Uber says it's in the process of notifying various regulatory authorities about the issue. The maximum fine in Britain for failing to notify users about data breaches is currently just over $660,000. And it's not just in the UK where Uber's facing questions - regulators in Australia and the Philippines also said they'll look into the matter.