MoneywebNOW with Simon Brown

The latest in business and financial news in our new morning livestream and podcast.

Zoom logins were put up for sale on dark web: Times

…then discovered and bought by cybersecurity intelligence company.
Image: Stefan Wermuth/Bloomberg
Hackers put more than half a million login details for the teleconferencing app Zoom on the dark web, the Sunday Times newspaper reported.

The logins were put up for sale at 1 pence (1.25 cents) each and were discovered and bought by cybersecurity intelligence company Cyble, the paper said. Cyble bought the logins from a Russian-speaking person on the Telegram messaging service, which allows anonymous messaging.

Zoom Video Communications Inc. has seen global usage of its service surge during coronavirus shutdowns, but has come under increasing pressure over vulnerabilities in the app’s software encryption. The company has been sued amid accusations it hid flaws in its app and has seen cases of online trolls sneak in and disrupt web meetings with profanity and pornography.

Zoom’s shares have more than doubled this year alongside its meteoric rise in popularity, but privacy and cybersecurity experts have expressed skepticism. From Elon Musk’s SpaceX and Tesla Inc. to New York City’s Department of Education, agencies around the world have begun to ban usage of the app amid security concerns.

© 2020 Bloomberg L.P.

Get access to Moneyweb's financial intelligence and support quality journalism for only
R63/month or R630/year.
Sign up here, cancel at any time.

COMMENTS   0

You must be signed in to comment.

SIGN IN SIGN UP

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR

Podcasts

NEWSLETTERS WEB APP SHOP PORTFOLIO TOOL TRENDING CPD HUB

Follow us:

Search Articles:Advanced Search
Click a Company: