in ,

Uber’s Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin

uber’s-former-security-chief-charged-with-trying-to-conceal-hack-using-bitcoin

Hackers received $100,000 in Uber hush money but news of the breach got out anyway. (Wikimedia)

Uber’s Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin

A former Uber executive is charged in connection with the company’s botched attempt to cover-up its massive 2016 security breach with six-figure bitcoin payments and hacker-facing NDAs.

  • Joseph Sullivan, who served as the ride-hailing giant’s chief security officer until late 2017, faces obstruction of justice and other felony charges outlined in a criminal complaint filed Thursday in San Francisco Federal District Court.
  • Sullivan allegedly orchestrated a cover-up operation that tried to keep Uber’s sprawling 2016 data breach of 57 million riders’ and drivers’ information under wraps, prosecutors say.
  • Uber attempted to buy two hackers’ silence with $100,000 in bitcoin siphoned from its “bug bounty” program, according to the complaint. In addition, Sullivan allegedly insisted the hackers sign NDAs.
  • The hackers got their bitcoin in December 2016 but refused to disclose their identities or sign the NDAs until Sullivan allegedly “dispatched security staff” to hunt them down, according to the indictment. Prosecutors allege that Sullivan neglected to tell the Federal Trade Commission about the hack.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

https://www.coindesk.com/ubers-former-security-chief-charged-with-trying-to-conceal-hack-using-bitcoin

Leave a Reply

Your email address will not be published. Required fields are marked *

bitcoin-mining-facility-with-room-for-50,000-rigs-set-to-launch-in-kazakhstan

Bitcoin Mining Facility With Room for 50,000 Rigs Set to Launch in Kazakhstan

john-mcafee-ditches-ghost-crypto-project:-he-says-it-will-fail

John McAfee Ditches Ghost Crypto Project: He Says It Will Fail