When it rains, it pours



Zoom sued for allegedly sharing users' personal data with Facebook
https://www.cbsnews.com/news/zoom-app-persona...t-alleges/

"CEO Eric Yuan said company officials "were made aware" of Facebook data sharing last week, after a news report from Vice Media detailed the practice. Yuan said the sharing began after Zoom gave users the option of logging on via a Facebook Software Development Kit, or SDK."

But, but I read you are sharing users data to Facebook and they DON"T EVEN HAVE a Facebook account

You "were made aware" last week?



Zoom hit with class-action lawsuit for sharing user data with Facebook
https://www.cyberscoop.com/zoom-lawsuit-faceb...vacy-ccpa/


The Zoom Privacy Backlash Is Only Getting Started

A class action lawsuit. Rampant zoombombing. And as of today, two new zero-day vulnerabilities.
https://www.wired.com/story/zoom-backlash-zero-days/

"Yuan said that over the next 90 days, that Zoom will also conduct third-party security audits and penetration tests, expand its big bounty program, and prepare a transparency report on data requests the company has received from entities like governments and law enforcement ."

Uh-Oh!

But, but you show you have a SOC 2 Type 2 audit on your website

Do you are don't you? Pen testing and the audit would have uncovered a lot of the mess. Maybe it was done years ago?

Zoom hit with class-action lawsuit for sharing user data with Facebook

Those class action dudes don't waste anytime. You can read the lawsuit here:

https://www.cyberscoop.com/zoom-lawsuit-faceb...vacy-ccpa/

This isn't a BS class action either

Remember they want public 1 year ago

Did they disclose any of these security issues to investors?

Uh-Oh

PE ratio is 1500

Not 20, but 1500

On what planet does that make sense?

Especially when most of your users are using it for free

Especially when the CEO dumped $38M in Q1