Zoom, security and privacy issues continue to be sued by investors
With the spread of the new coronavirus, many companies are adopting remote work, and the number of users of online conferencing tools is rapidly increasing. “ Zoom ” was one of the online conferencing tools that had rapidly increased the number of users due to the emergence of the new coronavirus, but at the same time, several security and privacy-related issues were discovered , and it was going to burn out. And now, Zoom is in a class action lawsuit from investors, reports Ars Technica , an IT news site.
Zoom brings in former Facebook security head amid lawsuits, investigations
https://arstechnica.com/tech-policy/2020/04/zoom-brings-in-former-facebook-security-head-amid-lawsuits-investigations/
On April 8, 2020, investors investing in Zoom filed a class action lawsuit in the US federal court in California. Plaintiffs allege that 'Zoom violated securities laws by hiding known product issues.' In the U.S., publicly traded companies are required to disclose to investors investors issues and events that could have a significant effect on stock prices, and to enable investors to make informed decisions. Mandatory by Plaintiffs alleging that Zoom violated this security law alleges.
Plaintiffs asserted that 'Zoom has issued a' false and misleading statement 'to investors.' He added, 'Zoom's software encryption flaws were already apparent as early as July 2019.' However, until the outbreak of the new coronavirus from March to April 2020, Zoom's problems were not revealed.
As a result, Zoom has been identified as having multiple security and privacy flaws since March 2020.
The online meeting application `` ZOOM '' popular for working at home for new coronavirus measures also sends data of people who do not have a Facebook account to Facebook-GIGAZINE
The consequences of these issues have led many government agencies and businesses to remove Zoom from its internal conferencing tools. Google also prohibits the use of Zoom.
Google bans use of online video conferencing application `` Zoom ''-gigazine
Eric Erican, CEO of Zoom, said in an interview with NBC News , 'As you know, Zoom has learned many lessons. Zoom needs to double privacy and security each.' . Zoom has revealed that it has consulted with former Facebook Chief Security Officer Alex Stamos to enhance privacy and security.
`` The real challenge faced by all companies seeking to meet the diverse needs of millions of people seeking smooth collaboration is that those who try to exploit customer data, '' said Stamos on his blog. We are convinced that we want to give our customers the most privileges without empowering them, '' he said. It is important.
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