Thursday, April 16, 2020

Zeroing in on Zoom’s Threat to Financial Services

COVID-19 has induced a significant shift in the way we work. Remote is the new reality.

There may be, however, a tremendous cost to Zoom’s convenience... For many, Zoom has been the answer to staying connected in the workplace.

Simply put, the widespread adoption of Zoom amid a global pandemic might be the security vulnerability of the decade. 


In fact, any financial services organization using the service should immediately assume their user credentials are under malicious parties’ control.

In recent weeks, New York Attorney General Letitia James has probed Zoom’s data security strategy, and whether the company’s security protections can keep up with the spike in users. It is also our understanding the FBI, among other federal government agencies, has also prohibited the use of Zoom and WebEx due to security concerns. more
Suit Claims Facebook, LinkedIn Eavesdropped on Zoom Calls
More Zoom news.