Zoom acquires encryption startup in coronavirus security push
Zoom rival, Google Meet becomes free for all users
Google G Suite Vice President and General Manager Javier Soltero says he has seen ‘incredible’ growth in Google Meet use in last three months as more people work from home.
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Zoom has purchased encryption startup Keybase in its first-ever acquisition, Zoom founder Eric Yuan announced Thursday.
The acquisition of Keybase, secure messaging and file-sharing, adds cryptographic expertise to Zoom's staff as it deals with the fallout of security breaches discovered as, company's schools and families started to use the video conferencing software as they sheltered in place to slow the spread of the new coronavirus.
Initially, our single top priority is helping to make Zoom even more secure," Keybase wrote in a blog post. "So, our shortest-term directive is to significantly improve our security effectiveness, by working on a product that's that much bigger than Keybase. We can't be more specific than that, because we're just diving in."
Zoom has a 90-day plan to strengthen the video conferencing app's privacy and security after it came under the scrutiny of state and federal lawmakers. Lawmakers accused the company of not anticipating the risks, such as "zoombombing," that could come with a huge surge of users amid the coronavirus pandemic.
|ZM||ZOOM VIDEO COMMUNICATIONS INC||157.80||+8.21||+5.49%|
ZOOM SHARES DIP AMID CORONAVIRUS, SECURITY CONCERNS, COMPETITION
"Since its launch in 2014, Keybase’s team of exceptional engineers has built a secure messaging and file-sharing service leveraging their deep encryption and security expertise," Yuan said in a statement. "We are excited to integrate Keybase’s team into the Zoom family to help us build end-to-end encryption that can reach current Zoom scalability."