The Uber hack may be a lesson in poor security design and points to problems with vulnerable multi-factor authentication.

If confirmed, Olsen will lead a unit focused on stopping espionage and, increasingly, on mitigating cyberattacks.

The incident appears to be the first instance of an executive being charged in connection with a breach.

Matt Olsen, Uber's chief trust & security officer, talks about how both the public and private sector can communicate better when it comes to cybersecurity.

Uber portrayed its payment to the hackers as a bug bounty reward.

The sense of unease pre-dates disclosures from former NSA contractor Edward Snowden, one Uber executive said.