Many were shocked last week when it was revealed that Uber Technologies Inc. had suffered a massive data breach, which it reportedly covered up for more than a year. It was also widely reported that the ride-hailing company ponied up $100,000 to keep the hackers quiet.

The much delayed notification about the breach has made already embattled Uber the target of numerous new lawsuits and inquiries. It has also raised new questions around breach disclosure and underscored the question of whether companies can and should offer hackers financial incentives to keep stolen data under wraps.

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