Florida man, 20, reportedly behind massive hack at Uber

T002849Z_511325468_RC1EDDED17B0_RTRMADP_3_UBER-CYBER-PAYMENT.JPG

Uber paid to keep data breach secret: report

A Florida man, who is 20, was responsible for the data breach previous year at Uber Technologies and was paid by the company to destroy that data through what is known as a bug bounty program that is normally used in identifying vulnerabilities, said three sources who are familiar with this situation.

Even if a company manages to contain and handle a data breach, it has a duty to report it to regulators, which Uber appears to have failed to do, aiming for a cover-up rather than mea culpa.

However, hacks at Reuters have found out that Uber made the payment a year ago through its bug bounty service.

The man is "living with his mom in a small home trying to help pay the bills", a person close to the matter told Reuters.

Russian Federation 'will not bar athletes' from Games
Russian athletes competing will carry a neutral flag and the name "Olympic Athlete from Russia." the IOC says. "To participate in the Olympics is an athlete's right".

The allegation will make life more hard for Uber CEO Dara Khosrowshahi, who had only became aware of the breach recently, as he had only joined the company in August. Since that time, CEO Travis Kalanick stepped down and was replaced by Dara Khosrowshahi in August.

The high payment through a bug bounty programme should have raised a few alarm bells.

The culprit's message was forwarded to Uber's "bug bounty" team and ultimately made its way to HackerOne, a third-party company that awards researchers for revealing security flaws in clients' products.

Uber spokesman Matt Kallman declined to comment, the report said. Uber also conducted a forensic analysis of the hacker's machine to make sure the data had been purged, the sources said.

Ohio State stuns MI with second-half rally
Ohio State actually projects him to cornerback and he can also provide some special teams value immediately in the return game. MI once led by 19 points (36-17) during the first half, but was outscored 54-26 throughout the rest of the game.

The Florida hacker paid a second person for services that involved accessing GitHub, a site widely used by programmers to store their code, to obtain credentials for access to Uber data stored elsewhere, one of the sources said. The rideshare company did not disclose any more information.

Uber had not responded to Silicon UK at the time of writing. The breach occurred in October 2016, but was not revealed until last month.

Last week, three more top managers in Uber's security unit resigned.

Once he became aware of the hack, Khosrowshahi reportedly sacked the company's chief security officer and one of his deputies for their roles in hiding the hack, as well as for making the payment.

Taking a Look at the Data Behind Carnival Corporation (CCL)
A total of 8 equity analysts have released a research note on CCL. ( NYSE:GPN ), 29 have Buy rating, 1 Sell and 6 Hold. The top gainer with a security that increased in price during today's trading was Carnival Corporation (NYSE:CCL).

Latest News