- Zoom exploits are being sold on the black market.
- They cost as low as $5,000 as per a report.
- Zoom has become a trove of various security flaws and exploits.
A Motherboard report, which cites a hacker who claimed to have traded such exploits, said the security flaws in the Zoom app typically sell for a minimum of $5,000 (roughly Rs 3.82 lakh) on the black market. The price of exploits, however, goes up depending on the demand and the level of risk it would cause to the user data, to as high as $30,000, which is approximately Rs 23 lakh. The hacker also told the publication that the exploits in Zoom do not sell for more in comparison with other exploits that are traded on the dark web. Zoom is essentially a trove of flaws, which its CEO Eric Yuan has asserted will be fixed positively. But it is already too late for Zoom.
Zoom has found itself caught in a pile of controversies and critical analyses that have begged questions on its competence on privacy. Even the Federal Bureau of Investigation (FBI) has cautioned the general public using Zoom about its security after multiple cases of "zoom-bombing" were reported. Mostly, these cases deal with malicious actors hijacking Zoom meetings and showing inappropriate content, such as pornography. Zoom has repeatedly apologised for the mishaps that have marred the reputation of the mushrooming app.
Recently, Zoom had to remove a Facebook SDK for iOS after it was found sharing user's private data, such as the device information, with the social media company. Zoom was also found revealing data of some users without a standard email domain to strangers belonging to company directories. But while all these incidents were happening, Zoom's business spiked by the gross globally. Zoom's revenue for the fourth quarter of fiscal 2020 stood at $122 million, a rise of 103 per cent from the same time a year ago.