cryoburner :
To be fair, the leaked information seems pretty minor. Names, email addresses, and phone numbers are not exactly ultra-private information, and can often be easily found online. While cell phone numbers might not be public knowledge by default, most landline numbers were always freely accessible to the public. They didn't mention anything about addresses either, so most of the leaked information would be of limited usefulness.
The problems are:
The actual leak
Their crappy security practices
Covering it up for a year
And then paying the $100k
When we give information to these companies, we are trusting them not to screw it up.
If Uber had said, up front when you sign up for the service, "We will distribute any and all of the information you give us, to whoever asks or steals it."....would you use their service?
No. Somewhere in their ToS, they almost certainly said something to the effect of "Your data is safe with us".
Apparently not.
Many fools would, but I know I would not. And neither would you.