Uber’s Former CSO Charged With Paying $100,000 In Bitcoin To Hide Massive Data Breach
Posted August 20, 2020
- The Department of Justice announced in a press release today that Joseph Sullivan, former Chief Security Officer of Uber UBER +6.8%, allegedly tried to cover up a 2016 hack that compromised data of millions of users and drivers.
- Uber actually paid the hackers $100,000 in bitcoin in December 2016, despite the fact that the hackers never gave their true names and already had the data.
- Sullivan even sought to have the hackers sign non-disclosure agreements. The agreements contained a false representation that the hackers did not take or store any data.
– Jason Brett | August 20, 2020