Uber increases FTC settlement after breach

Uber failed to disclose a major data breach in 2016, and now the rideshare company will have an expanded settlement with the Federal Trade Commission (FTC).

Uber’s original FTC settlement resulted from a 2014 breach. When the agency discovered the 2016 breach, which was “strikingly similar” to the previous breach, it added harsher provisions to ensure Uber doesn’t repeat its mistakes.

Under the settlement, Uber will be required to disclose future incidents involving consumer data, provide the FTC with any reports from third-party audits of Uber’s privacy program and retain records of vulnerabilities that could expose unauthorized access of customer data.

Info: tinyurl.com/uber430