This is what scares most security analysts is the fact that the product was developed and stores data in a place that has incredibly sketchy laws when it comes to intellectual property.
I can't see why Zoom can't come out with a statement regarding why they are collecting all of this sensitive data.
Big corporations might be sharing stuff unwittingly with people that they don't want to share it with.
"In addition, we have a high concentration of research and development personnel in China, which could expose us to market scrutiny regarding the integrity of our solution or data security features. Any security compromise in our industry, whether actual or perceived, could harm our reputation, erode confidence in the effectiveness of our security measures, negatively affect our ability to attract new customers and hosts, cause existing customers to elect not to renew their subscriptions or subject us to third-party lawsuits, regulatory fines or other action or liability, which could harm our business."
I can't see why Zoom can't come out with a statement regarding why they are collecting all of this sensitive data.
Big corporations might be sharing stuff unwittingly with people that they don't want to share it with.
https://www.sec.gov/Archives/edgar/data/1585521/000119312519...
Top of page 21 in their SEC filing:
"In addition, we have a high concentration of research and development personnel in China, which could expose us to market scrutiny regarding the integrity of our solution or data security features. Any security compromise in our industry, whether actual or perceived, could harm our reputation, erode confidence in the effectiveness of our security measures, negatively affect our ability to attract new customers and hosts, cause existing customers to elect not to renew their subscriptions or subject us to third-party lawsuits, regulatory fines or other action or liability, which could harm our business."