Privacy Chief Warns Of Video Conference Risks
"); jQuery("#212 h3").html("

"); });
2020-04-03 HKT 09:01
Privacy Commissioner Stephen Wong has warned Hong Kong people using video-conferencing tools to keep business or education going during the coronavirus outbreak to beware or risks to their data.
Wong was commenting after reports emerged that users of the Zoom platform, which has been downloaded millions of times as worldwide anti-virus measures took hold, may have had their data transferred to third parties.
He said he understood Zoom had taken remedial steps to rectify the mistake, but added: "There might be other apps, and the same concern is still there in that the security of data must be ensured.
"We must make sure that the app has some kind of clear guidelines and information provided for any use of misuse of the data. The users should be well informed of all of this before they register or apply for the application."
Zoom has become immensely popular as a platform for online schooling, meetings and press conferences.
However, Zoom founder and chief executive Eric Yuan said late on Wednesday that the company would be "shifting all our engineering resources to focus on our biggest trust, safety, and privacy issues" after a series of complaints.
Yuan said Zoom would work with third-party experts and users on a review "to understand and ensure the security of all of our new consumer use cases" and step up a "bug bounty" programme to find security weaknesses.
The move came after the FBI highlighted the problem of "Zoombombing" by hackers or uninvited guests who harass Zoom video conferences with hate speech or pornography.
Zoom saw US downloads surge by 252 per cent in a week to 4.2 million during the week of March 16 – when strict stay-at-home measures began being rolled out across America – according to research firm Sensor Tower. (RTHK/AFP)
Chinese Regulator Approves Citis Plan For Its Own Securities Firm
Citi has received approval from the China Securities Regulatory Commission (CSRC) to set up a wholly owned capital mark... Read more
HSBC RedCoin Debuts On PayMe With Wider Stablecoin Rollout Planned
HSBC has launched HSBC RedCoin, its first stablecoin, on the PayMe mobile payment app in Hong Kong. Denominated in Hong... Read more
Unlimit Joins Hong Kong Governments Strategic Enterprise Partners
Unlimit has signed a partnership agreement with the Hong Kong Government, which named the global financial infrastructu... Read more
Is Your Crypto Safe If Your Custodian Goes Bankrupt?
No institution moves into digital assets until it knows who will hold them and what happens to those assets if that cus... Read more
EleBank Opens First Physical Store In Hong Kong
Hong Kong digital bank EleBank has opened its first physical store in Causeway Bay as it expands beyond online banking ... Read more
Taiwan Blocks Grabs US$600 Million Foodpanda Acquisition
Taiwan’s Fair Trade Commission (FTC) has blocked Grab’s proposed US$600 million acquisition of Delivery Hero’s fo... Read more
