On Nov. 28 and 29, European Union Privacy Regulators plan to discuss whether to create a task force to coordinate investigations for the ride-sharing app Uber. The company paid hackers over $100,000 not to expose a data breach.
“Uber faces regulatory scrutiny after CEO Dara Khosrowshahi said the company covered up a data breach last year that exposed personal data from around 57 million accounts. The stolen information included names, email addresses and mobile phone numbers of Uber users around the world, and the names and license numbers of 600,000 U.S. drivers, Khosrowshahi said. Uber declined to say what other countries may be affected.” (Fortune)
The E.U’s new data regulation law which will go into effect May 4 of next year, will give regulators the ability to impose higher fines and allow them to monitor companies like Uber more closely.
“Long known for its combative stance with local taxi regulators, Uber has faced a stream of top-level executive departures over issues from sexual harassment to data privacy to driver working conditions, which led its board to remove Travis Kalanick as CEO in June.”