News
Uber Blames Lapsus$ Hacking Collective For Data Breach
The hack targeted a Slack channel using a password purchased from the dark web, though the company claims no client data was compromised.
Lapsus$ is a collective of hackers famous for ransomware attacks and data theft from huge companies such as Microsoft, Vodafone and Nvidia. Now, the group has successfully targeted ride-sharing giant Uber.
Uber’s systems were breached sometime last week, with employees discovering the hack on Thursday, 15th September. The infiltrator announced their actions on the company’s internal Slack account with a message that read: “I announce I am a hacker and Uber has suffered a data breach.”
Uber claims the hacker is associated with the Lapsus$ group. If that’s true, it means they could also be responsible for a massive data breach of Rockstar Games and its upcoming Grand Theft Auto VI (GTA 6) release, as the attacker announced that they were, in fact, the same person.
As far as Uber is concerned, no customer data was compromised during the hack, with the breach targeting invoice management tools and content from Slack channels.
In a new update about the fiasco, Uber believes the attack happened after the hacker purchased a corporate password on the dark web from a personal device that was infected with malware. Even though 2-factor authentication was activated, the contractor inexplicably allowed a login approval request, which granted entry to the account.
Since the data breach, the company has forced all users to change their login credentials and is adamant that any public-facing financial data or personal information remains secure.
Also Read: DDoS Attacks Are A Growing Threat In Gaming
“First and foremost, we’ve not seen that the attacker accessed the production (i.e. public-facing) systems that power our apps; any user accounts; or the databases we use to store sensitive user information, like credit card numbers, user bank account info, or trip history. We also encrypt credit card information and personal health data, offering a further layer of protection,” says Uber in an official statement.
To add to the embarrassment, Uber admits that the hacker accessed the company’s dashboard portal at HackerOne, where researchers report security bugs and vulnerabilities. In addition to law enforcement, Uber is now working alongside leading digital forensics teams to get to the bottom of the breach.
News
PayPal & TerraPay Join Forces For Cross-Border MENA Payments
The collaboration will be especially helpful in regions where traditional banking infrastructure is limited or inconsistent.
PayPal has teamed up with TerraPay to improve cross-border payments across the Middle East and Africa. The move is designed to make it easier and faster for users to send and receive money internationally, especially in regions where traditional banking infrastructure can be limited or inconsistent.
The partnership connects PayPal’s digital payments ecosystem with TerraPay’s global money transfer network. The goal is to streamline real-time transfers between banks, mobile wallets, and financial institutions, significantly improving access for millions of users looking to move money securely and efficiently.
Through the partnership, users will be able to link their PayPal accounts to local banks and mobile wallets using TerraPay’s platform. This means faster transactions and fewer barriers for individuals and businesses across the region.
“The Middle East and Africa are at the forefront of the digital transformation, yet financial barriers still limit growth for many,” said Otto Williams, Senior Vice President, Regional Head and General Manager, Middle East and Africa at PayPal. “At PayPal, we’re committed to changing that […] Together, we’re helping unlock economic opportunity and build a more connected, inclusive financial future”.
For TerraPay, the deal is a chance to scale its reach while reinforcing its mission of frictionless digital transactions.
“Our mission at TerraPay is to create a world where digital transactions are effortless, secure, and accessible to all,” said Ani Sane, Co-Founder and Chief Business Officer at TerraPay. He added that the partnership is a major milestone for enhancing financial access in the Middle East and Africa, helping businesses grow and users move funds with fewer limitations.
Also Read: A Guide To Digital Payment Methods In The Middle East
The integration also aims to support financial inclusion in a region where access to global banking tools is still uneven. With interoperability at the core, TerraPay can bridge the gap between different financial systems — whether that’s a mobile wallet or a traditional bank — making it easier to send money, pay for services, or grow a business across borders.
As the demand for cross-border payment options continues to rise, both PayPal and TerraPay are doubling down on their commitment to provide reliable, secure, and forward-looking financial tools for the region.
PayPal & TerraPay Join Forces For Cross-Border MENA Payments
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