Ubiquiti Inc. — Ethics Grade D

Ubiquiti Inc. receives an overall ethics grade of D (32/100) on CancelCo's corporate accountability database. Sector: Technology. Market cap: Mid Cap.

Category scores

• labor: 40
• privacy: 15
• consumer: 30
• environment: 50
• humanRights: 50

Documented incidents (3)

• Data breach cover-up allegations (high, 2021) — A whistleblower alleged that Ubiquiti massively downplayed a catastrophic data breach that gave hackers full access to customer cloud devices. The company initially reported it as a third-party cloud provider issue, but it was actually an internal breach.
• SEC investigation into reporting (medium, 2023) — The SEC investigated the company regarding its internal controls and disclosures following the 2021 data breach incident and subsequent stock price volatility. This raised concerns about corporate transparency and governance.
• Counterfeit and GPL violations (low, 2022) — Ubiquiti has faced criticism from the open-source community for lagging in releasing source code required by the General Public License (GPL), which they use in their proprietary hardware products.

Documented good deeds

• Subscription-free hardware model — Unlike many tech peers, Ubiquiti maintains a model where advanced networking features do not require recurring monthly subscription fees.

Ethical alternatives

• Arista Networks — Better transparent reporting on security vulnerabilities and corporate governance.