BreachExchange mailing list archives
Zoom hit by investor lawsuit as security, privacy concerns mount
From: Destry Winant <destry () riskbasedsecurity com>
Date: Fri, 10 Apr 2020 09:25:48 -0500
https://www.computerworld.com/article/3537193/zoom-hit-by-investor-lawsuit-as-security-privacy-concerns-mount.html The challenges facing Zoom continue to mount, as the company now faces an investor lawsuit and more organizations ban the use of the video meeting app due to privacy and security concerns. The company also upped efforts to improve its security and privacy practices by hiring Facebook’s former CSO as a consultant. Zoom has seen a surge in use in recent weeks as self isolation in response to the pandemic ramps up the demand for video software. As its popularity has boomed – both for business and personal use – and the company’s stock price rocketed, Zoom has come under pressure on a number of fronts. On Tuesday, shareholder Michael Drieu filed suit in a California federal court, alleging that Zoom “significantly overstated” the degree to which its platform is encrypted, failing to disclose these “deficiencies” to shareholders. Zoom admitted on April 1 to a “discrepancy” in its definition of end-to-end encryption from the commonly accepted definition. Drieu claims he and other shareholders have suffered “significant losses and damages” due to a drop in Zoom’s share price after the admission. It is the second recent lawsuit Zoom faces; the company is also being sued in California for allegedly sharing user data with Facebook. Zoom said in a March 29 blog post that it “has never sold user data in the past and has no intention of selling users’ data going forward,” and would remove the Facebook SDK (software development kit) from its iOS client. That SDK, it said, was responsible for collecting device data. More organizations ban Zoom The list of organizations that have banned use of Zoom on security and privacy grounds has also grown. The U.S. Senate has reportedly directed members not to use the app, according to the Financial Times, while the German Foreign Ministry has banned its use on mobile devices to protect confidential conversations, according to an internal memo seen by Reuters. And Taiwan’s government warned against using Zoom, instead highlighting rival options from Microsoft and Google. _______________________________________________ BreachExchange mailing list sponsored by Risk Based Security BreachExchange () lists riskbasedsecurity com If you wish to Edit your membership or Unsubscribe you can do so at the following link: https://lists.riskbasedsecurity.com/listinfo/breachexchange
Current thread:
- Zoom hit by investor lawsuit as security, privacy concerns mount Destry Winant (Apr 10)