Information Security News mailing list archives
Zoom buys Keybase -- its first acquisition -- as part of 90-day plan to fix security flaws
From: InfoSec News <alerts () infosecnews org>
Date: Fri, 8 May 2020 05:43:50 +0000 (UTC)
https://www.cnbc.com/2020/05/07/zoom-buys-keybase-in-first-deal-as-part-of-plan-to-fix-security.html By Ari Levy CNBC.com May 7, 2020 Zoom has acquired security start-up Keybase, the first purchase in the company’s nine-year history. With in-person dealmaking off the table because of social distancing requirements, the negotiations took place over Zoom video calls. Terms of the deal weren’t disclosed. The acquisition of the 25-person start-up is the latest move in a 90-day plan that Zoom announced on April 1 to fix its security flaws. Zoom CEO Eric Yuan told CNBC the company needed a solution for users who are demanding the highest level of privacy and certainty that uninvited participants have no access to their conversations. When Keybase is implemented, the Zoom user who schedules a meeting will be able to choose end-to-end encryption. That setting will prevent anyone from calling in by phone, which is one way people can access meetings, and will disable cloud-based recording of the chat. Yuan said it’s critical that users know that the encryption key is not on Zoom’s servers, so the company has no access to the contents of the call. [...]
-- Subscribe to InfoSec News https://www.infosecnews.org/subscribe-to-infosec-news/ https://twitter.com/infosecnews_
Current thread:
- Zoom buys Keybase -- its first acquisition -- as part of 90-day plan to fix security flaws InfoSec News (May 07)