A system and method for monitoring the security of participants in a rideshare environment is provided. The outer race has a first bore and an internal groove in the bore, and the wheel bearing part has a second bore with an open end, an external groove, and a slot extending radially from the second bore between an inner end open to the second bore and an outer end at an external surface of the bearing part, the slot extending axially between the external groove and the open end. A reason identifier identifies a first operating condition causing the path to be placed in the standby mode.