Uber Fined $1.17 Million in Europe over Its Massive 2016 Data Hack and Cover-up-7.2

Uber’s massive 2016 data breach, which exposed the details of 57 million people around the world -- and which the company tried to cover up -- has earned it $1.17 million in fines from data protection regulators in the U.K. and the Netherlands.

The fines are relatively small for such an egregious violation of European privacy laws -- ?385,000 ($491,250) in the U.K. and EUR600,000 ($679,420) in the Netherlands. However, that’s largely because the breach and the cover-up occurred under older, weaker privacy laws, before the introduction of the EU’s tough new General Data Protection Regulation (GDPR), which allows for fines of up to 4% of global annual revenues.

Original source
http://fortune.com/2018/11/27/uber-eu-data-hack-fines/

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