SaaS earnings rise as pandemic pushes companies more rapidly to the cloud

As the pandemic surged and companies moved from offices to working at home, they needed tools to ensure the continuity of their business operations. SaaS companies have always been focused on allowing work from anywhere there’s access to a computer and internet connection, and while the economy is reeling from COVID-19 fallout, modern software companies […] Continue reading SaaS earnings rise as pandemic pushes companies more rapidly to the cloud

Zoom to offer end-to-end encryption only to paying customers

As Zoom continues on its path to bring end-to-end encryption (E2EE) to users, the big news is that only paid users will have access to the option. “Free users for sure we don’t want to give that because we also want to work together with FBI, with loca… Continue reading Zoom to offer end-to-end encryption only to paying customers

A Couple Critical Zoom Chat Vulnerabilities Found and Fixed

Security researchers found a couple of vulnerabilities affecting the chat features of the popular video conferencing app Zoom that, if exploited, would have let attackers achieve arbitrary code execution. While the mere mention of Zoom makes people thi… Continue reading A Couple Critical Zoom Chat Vulnerabilities Found and Fixed

Zoom has partially fixed two new flaws, with other security hurdles ahead

Cisco Talos researchers recently uncovered two new flaws in Zoom that could allow attackers to execute arbitrary code on users’ computers, according to research published Wednesday. Zoom has partially fixed the vulnerabilities, according to Cisco Talos. The cybersecurity company said it worked with Zoom on addressing the flaws. It’s the latest set of security bugs discovered in Zoom, a teleconferencing company whose software has come under heightened scrutiny in recent months as the coronavirus pandemic forced people around the world to telework and rely on videoconference platforms. Competitors include Cisco WebEx, Microsoft Teams, and GoToMeeting. Zoom fixed one of the issues, dubbed TALOS-2020-1056, in May. And while Zoom addressed the other flaw, dubbed TALOS-2020-1055, in a server-side update, Cisco Talos’ Jon Munshaw said in a blog he believes that a client-side update will be necessary to fully mitigate any risk. The first flaw, TALOS-2020-1056, affecting Zoom Client version 4.6.10, relates to how Zoom processes messages. […]

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Daily Crunch: Zoom reports spectacular growth

Zoom’s latest earnings report was even better than expected, SoftBank announces a new fund to invest in founders of color and Google pulls a trending app that targets apps from China. Here’s your Daily Crunch for June 3, 2020. 1. Remote work helps Zoom grow 169% in one year, posting $328.2M in Q1 revenue Zoom’s […] Continue reading Daily Crunch: Zoom reports spectacular growth

Remote work helps Zoom grow 169% in one year, posting $328.2M in Q1 revenue

Today after the bell, video-chat service Zoom reported its Q1 earnings. The company disclosed that it generated $328.2 million in revenue, up 169% compared to the year-ago period. The company also reported $0.20 per-share in adjusted profit during the three-month period. Analysts, as averaged by Yahoo Finance, expected Zoom to report $202.48 million in revenue, […] Continue reading Remote work helps Zoom grow 169% in one year, posting $328.2M in Q1 revenue

Is Zoom the next Android, or the next BlackBerry?

As someone who was at both BlackBerry and Android during their heydays, my biggest learning takeaway is that product experience trumps everything else. Continue reading Is Zoom the next Android, or the next BlackBerry?

Zoom’s New Model is Making Heads Hurt

Zoom will be introducing end-to-end encryption. But if you were expecting it in the free tier, think again.
The post Zoom’s New Model is Making Heads Hurt appeared first on Security Boulevard.
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Kentik raises $23.5M for its network intelligence platform

Kentik, the company once known as CloudHelix, today announced that it has raised a $23.5 million growth funding round led by Vistara Capital Partners, with existing investors August Capital, Third Point Ventures, DCVC, and Tahoma Ventures also participating. With this round, Kentik has now raised a total of $61.7 million. The company’s platform allows enterprises […] Continue reading Kentik raises $23.5M for its network intelligence platform

Secure Code Warrior® answers the call from Zoom Video Communications

Secure Code Warrior’s ‘start left’ approach to secure coding amplifies Zoom’s commitment to software security   SYDNEY, BOSTON, LONDON – MAY 19, 2020: Global secure coding company Secure Code Warrior® today announced it had been selected by … Continue reading Secure Code Warrior® answers the call from Zoom Video Communications