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James, the New York attorney general, said her office and Zoom "have worked cooperatively and quickly to implement more stringent and robust protections for consumers, schools, and businesses." The campaign has generally won plaudits from security experts.
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Zoom's security push is part of a 90-day plan that has included hiring former Facebook security chief Alex Stamos and other known industry figures while launching new versions of its software with better encryption. New York public schools had also restricted teachers and students from using the platform, though the ban was recently rescinded. "We are also investigating mechanisms that would allow enterprise users to provide additional levels of authentication," Chief Executive Officer Eric Yuan wrote in the blog post.įounded in 2014, Keybase is an encrypted messaging platform that allows users to securely swap data and cryptographically verify one another's identities on social media.īut while Zoom has seen an extraordinary jump in users, now numbering 300 million participants a day, since the coronavirus crisis forced millions of people and students to work from home, security has been an issue.Ĭoncerns about the security of Zoom's platform have led companies including Elon Musk's SpaceX and Sweden's Ericsson to ban employees from using the platform. Zoom said it was preparing a draft design of its encryption policy to be released May 22, when it plans to host discussions with cryptographic experts and customers, and integrate feedback into a final design before rolling the feature out to users. 11,800), after rising earlier as much as 8 percent.
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Keybase raised 10.8 million in Series A funding from Andreessen Horowitz in July 2015. Leaders from Zoom and Keybase will work together to determine the future of the Keybase product. Krohn will lead the Zoom security engineering team, reporting directly to Yuan. Shares of Zoom were up 5 percent at $157 (roughly Rs. Zoom Acquires Keybase: Background and Next Moves. Separately, New York's attorney general, Letitia James, announced an agreement with Zoom over a range of issues, including enhanced privacy for educational accounts and updates to Zoom's policy on abusive conduct. The company said it had bought Keybase, a secure messaging and file-sharing service, for an undisclosed price as it seeks engineering expertise to deliver more robust encryption for its conferencing platform.