- Zoom Video Communications Inc (NASDAQ: ZM) announced it is rolling out new encryption features for its video conferencing app
Zoom Video Communications Inc (NASDAQ: ZM) announced it is rolling out new encryption features for its video conferencing app in order to better secure the data from meetings. These new features will be added to Zoom 5.0 — which will be released within the week.
Earlier this month, Zoom revealed that it went from 10 million daily users to 200 million within 3 months. This jump is largely attributed to the work from home order due to the COVID-19 pandemic.
Zoom dealt with some major growing pains in the process. For example, security researchers discovered bugs in its code proving that the video conferencing app did not have end-to-end encryption.
Zoom founder & CEO Eric S. Yuan apologized for the issue. And Yuan also hired former Facebook security head Alex Stamos as an adviser.
Zoom 5.0 will have the addition of AES 256-bit GCM encryption and a way to select routing options for calls.
Key Quotes:
“I am proud to reach this step in our 90-day plan, but this is just the beginning. We built our business by delivering happiness to our customers. We will earn our customers’ trust and deliver them happiness with our unwavering focus on providing the most secure platform.”
– Eric S. Yuan, CEO of Zoom Video Communications Inc (NASDAQ: ZM)
“When faced with questions over security and privacy, Zoom reacted quickly and very publicly to the challenges, including their CEO holding weekly public security briefings. Zoom was also quick to take actions on changing the defaults that helped address meeting privacy concerns, as well as setting a 90-day plan for deeper actions, and communicating it publicly.”
-Wayne Kurtzman, IDC Research Director for Social, Communities, and Collaboration
“We take a holistic view of our users’ privacy and our platform’s security. From our network to our feature set to our user experience, everything is being put through rigorous scrutiny. On the back end, AES 256-bit GCM encryption will raise the bar for securing our users’ data in transit. On the front end, I’m most excited about the Security icon in the meeting menu bar. This takes our security features, existing and new, and puts them front and center for our meeting hosts. With millions of new users, this will make sure they have instant access to important security controls in their meetings.”
-Oded Gal, CPO of Zoom Video Communications Inc (NASDAQ: ZM)
