Bulletin
Investor Alert

New York Markets Close in:

Sept. 19, 2022, 8:31 p.m. EDT

Investor Confidence in Uber Stock Rises When the Company Provides an Update on a Data Leak, and Speculation Grows That Lapsus$ Was Responsible.

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Uber Technologies Inc. (UBER)
  • X
    Microsoft Corp. (MSFT)

or Cancel Already have a watchlist? Log In

Sep 19, 2022 (PressReach.com via COMTEX) -- Uber stock is rising after the company updated investors on the data breach and who was responsible for it.

A new statement from Uber Technologies /zigman2/quotes/211348248/composite UBER -2.39% provides an update on the data breach that the company experienced not too long ago. The statement suggests that the hacking organization known as Lapsus$ may have been involved.

In the Monday update that Uber Technologies /zigman2/quotes/211348248/composite UBER -2.39% provided, the company stated, “We think this attacker (or attackers) are linked with a hacking gang called Lapsus$, which has been more active over the previous year or so.”

In recent months, Lapsus$ has been linked to several cyber assaults on publicly traded firms, some of which include Microsoft /zigman2/quotes/207732364/composite MSFT -2.57% , Cisco /zigman2/quotes/209509471/composite CSCO -0.93% , Nvidia /zigman2/quotes/200467500/composite NVDA -3.28% , and Okta /zigman2/quotes/210420951/composite OKTA -0.18% , among others.

In addition, Uber Technologies /zigman2/quotes/211348248/composite UBER -2.39% stated that there is cause to assume that Lapsus$ was also the source of the cyber attack suffered by Take-Two Interactive (TTWO).

The hacker did not gain access to any of Uber Technologies /zigman2/quotes/211348248/composite UBER -2.39% public-facing systems that power its apps, user accounts, or databases that store user information such as credit card information, bank account information, or trip history, according to Uber, which is based in San Francisco and stated that while the investigation into the attack is still ongoing, it is inevitable that the hacker did not gain access to any of these systems.

The attacker did not make any changes to the company’s code and did not access any customer or user data held on the Amazon /zigman2/quotes/210331248/composite AMZN +0.33% Web Services account that the company uses. It appears that the hacker did gain access to specific internal Slack discussions and grabbed some information from the company’s finance team that was used to manage to invoice.

Additionally, the hacker accessed its dashboard at HackerOne, a site where vulnerabilities and bugs are submitted.

As part of its inquiry, the corporation also stated that it collaborates with several other digital forensics organizations.

Uber Uber Stock /zigman2/quotes/211348248/composite UBER -2.39% announced a new partnership with Nuro to create driverless food delivery services last week.

Featured Image- Megapixl @ Petrajz

Please See Disclaimer

Visit PressReach.com To Get More Articles Like This

Author: Shariq Khan
Market Jar Media Inc.
info@marketjar.com
#170 - 422 Richards Street
Vancouver, BC, Canada
V6B 2Z4
1.800.340.9767

COMTEX_414823387/2810/2022-09-19T20:31:05

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

/zigman2/quotes/211348248/composite
US : U.S.: NYSE
$ 27.82
-0.68 -2.39%
Volume: 7.81M
Nov. 28, 2022 3:38p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$56.84 billion
Rev. per Employee
$991,399
loading...
/zigman2/quotes/211348248/composite
US : U.S.: NYSE
$ 27.82
-0.68 -2.39%
Volume: 7.81M
Nov. 28, 2022 3:38p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$56.84 billion
Rev. per Employee
$991,399
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 241.13
-6.36 -2.57%
Volume: 15.41M
Nov. 28, 2022 3:38p
P/E Ratio
25.98
Dividend Yield
1.13%
Market Cap
$1844.91 billion
Rev. per Employee
$918,891
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 47.95
-0.45 -0.93%
Volume: 6.64M
Nov. 28, 2022 3:38p
P/E Ratio
17.34
Dividend Yield
3.17%
Market Cap
$198.83 billion
Rev. per Employee
$627,719
loading...
/zigman2/quotes/200467500/composite
US : U.S.: Nasdaq
$ 157.36
-5.34 -3.28%
Volume: 23.16M
Nov. 28, 2022 3:38p
P/E Ratio
67.20
Dividend Yield
0.10%
Market Cap
$405.12 billion
Rev. per Employee
$1.27M
loading...
/zigman2/quotes/210420951/composite
US : U.S.: Nasdaq
$ 50.00
-0.09 -0.18%
Volume: 4.13M
Nov. 28, 2022 3:38p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$7.96 billion
Rev. per Employee
$318,180
loading...
/zigman2/quotes/211348248/composite
US : U.S.: NYSE
$ 27.82
-0.68 -2.39%
Volume: 7.81M
Nov. 28, 2022 3:38p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$56.84 billion
Rev. per Employee
$991,399
loading...
/zigman2/quotes/211348248/composite
US : U.S.: NYSE
$ 27.82
-0.68 -2.39%
Volume: 7.81M
Nov. 28, 2022 3:38p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$56.84 billion
Rev. per Employee
$991,399
loading...
/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 93.72
+0.31 +0.33%
Volume: 62.81M
Nov. 28, 2022 3:38p
P/E Ratio
86.02
Dividend Yield
N/A
Market Cap
$952.94 billion
Rev. per Employee
$312,308
loading...
/zigman2/quotes/211348248/composite
US : U.S.: NYSE
$ 27.82
-0.68 -2.39%
Volume: 7.81M
Nov. 28, 2022 3:38p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$56.84 billion
Rev. per Employee
$991,399
loading...

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.