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Web3 is the solution to Uber’s problem with hackers Cointelegraph via biedex.markets

Web3 is the solution to Uber’s problem with hackers By Cointelegraph

Web3 is the solution to Uber’s problem with hackers

Uber (NYSE:) is a staple of the gig economy, for better or worse, and a disruptor that once sent shockwaves throughout the mobility space. Now, however, Uber is being taken for a ride. The company is handling a reportedly far-reaching cybersecurity breach. According to the ride-hailing giant, the attacker has not been able to access sensitive user data, or at least, there is no evidence to suggest otherwise. Whether or not sensitive user data was exposed, this case points to a persistent issue with today’s apps. Can we continue to sacrifice our data — and thereby our privacy and security — for convenience?

Uber’s track record for data breaches is not exactly spotless. Just in July, the ride-hailing giant acknowledged hushing up a massive breach in 2016 that leaked the personal data of 57 million customers. In this sense, the timing of the new incident could not have been worse, and given how long it takes to establish the damage done in such breaches, the full scale of the event has yet to reveal itself.

Max Thake is the co-founder of peaq, a blockchain network powering the Economy of Things on .

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Written by Sandy Sullivan

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