Exclusive: Stay off Zoom, Google Hangouts, Standard Chartered chief tells staff

Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters. The message, sent by Chief Executive Officer Bill Winters to managers last week, also warned against using Alphabet Inc’s Google Hangouts platform for virtual gatherings. Neither service offers the level of encryption of conversations that rivals like Cisco System Inc’s Webex, Microsoft Corp’s Teams or Blue Jeans Network Inc do, industry experts said. …read more

Source:: Yahoo Finance

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