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

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Uber Stock (NYSE:UBER)

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 (NYSE:UBER) 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 (NYSE:UBER) 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 (NASDAQ:MSFT), Cisco (NASDAQ:CSCO), Nvidia (NASDAQ:NVDA), and Okta (NASDAQ:OKTA), among others.

In addition, Uber Technologies (NYSE:UBER) 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 (NYSE:UBER) 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 companys code and did not access any customer or user data held on the Amazon (NASDAQ:AMZN) 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 companys 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 (NYSE:UBER) announced a new partnership with Nuro to create driverless food delivery services last week.

Featured Image- Megapixl @ Petrajz

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Author: Shariq Khan
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