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Uber disclosed hack to SoftBank before going public

Firm has admitted it hid for more than a year the hacking of a vast amount of personal data from 57 million drivers, customers

Robert Fenners | Bloomberg 

Uber Technologies disclosed its massive data breach to prospective investor SoftBank Group before revealing the details to the public. The disclosure came as SoftBank conducts due diligence on the ride-hailing company ahead of a potential investment, Uber said in an emailed statement. SoftBank, which may put as much as $10 billion into the company, declined to comment. Uber faces investigation by regulators after disclosing earlier this week that it hid for more than a year the hacking of a vast amount of personal data from 57 million drivers and customers. The company ousted ...

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First Published: Sat, November 25 2017. 02:49 IST
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