A Zoom shareholder has filed a lawsuit against the video-conferencing company for allegedly covering up security vulnerabilities in its app. The suit, filed April 7 in a San Francisco federal court, accuses top Zoom executives of failing to disclose flaws in the company’s software, now used by some 200 million people daily. Zoom misrepresented problems with the software’s encryption protocol, failed to disclose that it was sharing user data with Facebook and concealed the extent to which user data was vulnerable to hackers, according to the suit. Zoom chief executive Eric Yuan apologized for security issues in a blog post Monday, saying the company intends to improve its practices. Investor Michael Drieu filed the lawsuit amid ongoing scrutiny of San Jose-based Zoom’s data protection practices. The number of daily users has skyrocketed, up from 10 million in early March, according to the company, as much of the world’s white-collar workforce has […]
The post Zoom shareholder accuses executives of fraud over security practices appeared first on CyberScoop.
Continue reading Zoom shareholder accuses executives of fraud over security practices→