Uber Stock Slumps After Ride-Sharing Group Confirms Cyber-Hacking Report

Published by
The Street

By Martin Baccardax “We are in touch with law enforcement and will post additional updates here as they become available,” Uber said. Uber Technologies (UBER) – Get Uber Technologies Inc. Report shares slumped lower Friday after it confirmed a New York Times report of a cybersecurity breach into the ride-sharing group’s internal IT systems. The Times reported late Thursday that a hacker had gained control of some of Uber’s internal communications systems after posing as an corporate IT expert and using an employee’s workplace Slack account to send company-wide messages claiming he or she had c…

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