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Why Uber (UBER) Shares Are Trading Lower Today – Uber – Press Release

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  • A hacker broke in Uber Technologies, Inc ABOVE computer systems on September 15, prompting the company to take several of its internal communications and engineering systems offline while it investigated the hack, reports the New York Times.
  • The person claiming responsibility for the hack sent images of the email, cloud storage, and code repositories to cybersecurity researchers and the NYT.
  • “You pretty much have full access to Uber,” said Sam Curry, a security engineer at Yuga Labs who corresponded with the hacker. “As it stands, it’s a total compromise.”
  • Uber instructed employees not to use its internal messaging service, Slack, and found that other internal systems were inaccessible.
  • Just before they took the Slack system offline, Uber employees received a message that read, “I’m announcing that I’m a hacker and Uber has suffered a data breach.” He listed several internal databases he allegedly compromised . Uber drivers should be paid higher, he added.
  • The hacker compromised an employee’s Slack account and used it to send the message.
  • He was 18 years old and had been working on his cybersecurity skills for several years. He said he broke into Uber’s systems because the company had weak security.
  • The alleged hacker claimed access to Uber’s Amazon.com Inc AMZN Amazon Web Services account, The Washington Post reports.
  • He claimed to have violated the company for fun and could leak the source code “in a few months”.
  • Price promotion: UBER shares traded 4.56% lower at $31.62 premarket on the latest check Friday.

Source Story here

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