Zoom Security Vulnerabilities Reportedly Sold On Black Market

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Nowadays, Zoom is highly popular among schools, colleges, and educators for imparting live online classroom sessions. The reason is because of the COVID-19 pandemic. With many countries imposing lockdowns, Zoom is regarded as a solid destination for training purposes.

According to reports, the Zoom Security Vulnerabilities are currently being exploited by hackers and the data are being sold on the black market. The Zoom app has become a playground for not only ethical but also non-ethical hackers. The email messages floating on the web reportedly prompts users to locate privacy and security bugs in return for money. Moreover, the traded vulnerabilities are traded on the black market for up to $30000.

According to Motherboard, a hacker sold the Zoom Security Vulnerabilities on the black market. There are reports that the Zoom security issues are being sold for $5000 to $30000. The Zoom Security Vulnerabilities that are being sold on the black market include web camera, microphone including confidential data like emails, passwords or device information. However, hackers claim that Zoom flaws are not selling for a huge amount.

The Tech Analysts are of the opinion that businesses require the right security mechanism to keep confidential information at bay from the hands of the hackers. The recent incident of publishing pornographic content on Zoom shows that cybercriminals are working to steal user data. Hence, Zoom also provide support for multi-factor authentication and end-to-end encryption to prevent data from getting stolen by hackers. Interestingly, the US Federal Bureau of Investigation (FBI) also smalled Zoom for lack of privacy and security.

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Even though Zoom exists for a long time, the app became popular after the COVID-19 outbreak. The problems faced by the app include data sharing with Facebook, LinkedIn profile exposure and much more. Moreover, an installer purported to be infused with malware was also doing rounds for macOS users. The lawsuit filed by one of its shareholders in the US District Court for the Northern District of California accused the company of non disclosing the vulnerabilities and absence of end-to-end encryption.

Commenting on the development, Rafi Kretchmer, Head of Product Marketing at cybersecurity firm Check Point revealed that hackers will always try to leverage on the latest trends with a spike in the usage of Zoom. The COVID-19 has created a platform for hackers to steal sensitive information when the world is undergoing tremendous changes in the landscape.

With students spending time before computer for digital learning purposes, apps like Zoom provides to a blessing in disguise. The total number of security attacks will increase depending upon the organizational structures. The companies should isolate their technology environment with effective end-to-end security architectures. The use of reliable connections not only enable collaboration but also productivity between teams, networks, and offices. Moreover, companies should deploy advanced protection measures against advanced threats including cybercrime techniques.

Anand Narayanaswamy is the editor-in-chief of Netans. He was recognized as a Microsoft Most Valuable Professional (MVP) for 9 years (2002 to 2011) and again as a Microsoft MVP in Surface under Windows and Devices in January 2024. He worked as a Chief Technical Editor with ASPAlliance and was part of ASPInsider program. Anand has published several articles and reviews related to various software and hardware products for various software and technology related websites. He is also active on social media and also participates as an Influencer for various brands. Anand can be reached at admin@netans.com