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1
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· Posted on
February 21, 2024

An 18 year old just hacked Uber's internal systems causing a worldwide shutdown.. and here I was learning a 3 point turn at that age

Someone just hacked Uber's internal systems causing a worldwide shutdown... and the culprit is apparently an 18-year-old.

What's the key learning?

  • Uber suffered a data breach when someone hacked its internal Slack system and shared confidential information
  • A bug bounty program is where big companies offer individuals big bucks for identifying big buys in their software systems.

👉Background: Uber is the world’s largest ride-sharing platform. It was founded in 2009 and quickly grew to become one of the world's most valuable startups with 118 million people using the Uber app in 2021.

👉 What happened: Late last week, a hacker posted a message on Uber’s internal Slack system. “I announce I am a hacker and Uber has suffered a data breach”.

👉 What else: The hacker shared confidential company information and posted a hashtag saying that Uber underpays its drivers. And despite Uber’s bug-bounty-program, it still wasn't able to uncover this major vulnerability internally.

What's the key learning?

💡A bug bounty program is where big companies offer individuals big bucks for identifying big bugs in their software systems...which kinda feels like poking a bear.

💡Bug bounty programs mean that companies have more eyes on their systems, which increases the likelihood of a major vulnerability being identified early.

💡 According to Deloitte, the average data breach costs $4.35m USD each so it makes sense that Facebook has actually paid people over $14 million USDsince launching their bounty program in 2011.

‍

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