This report examines the 2016 Uber data breach, which affected 57 million drivers and customers, highlighting the company's failure to promptly disclose the incident. The analysis covers the causes and costs of the breach, including the $148 million settlement and loss of user trust. It emphasizes the importance of proactive risk management, including investment in security, incident response planning (IRP), and early detection measures. The report details the data breach kill chain and provides lessons learned from the Uber breach and other major data breaches, such as the need for high-speed detection, staying updated with cybersecurity innovations, and ensuring robust cloud security. Recommended actions include mitigation, data recovery, vulnerability eradication, and the development of enterprise risk management (ERM) procedures. The report concludes by stressing the significance of risk assessment to evaluate potential damage and protect sensitive data.