Although Zoom's popularity skyrocketed during the pandemic, the company has been facing several security problems: from Zoombombing attacks that prevented classes from working remotely to vulnerabilities that could be exploited by cyberespies, as well as information leaks in the Dark. Web.
To avoid further problems, the company led by Eric Yuan decided to invest in security and bought Keybase, a startup specializing in end-to-end communication services. For now, the terms of the deal have not been disclosed. In a CNBC interview Eric Yuan said that the acquisition of Keybase responds to the needs of users who expect the highest level of security in their meetings.
According to a post on Zoom's official blog, the purchase of Keybase is part of the 90-day plan that the company has committed to comply with in order to rectify the platform's security flaws.
Zoom plans to make encrypted virtual meetings available to all members using the platform's paid mode in the near future. The features developed by Keybase will not be available to anyone who uses the free version of Zoom.
The business of buying Keybase comes after Zoom has introduced more security measures on the platform. The company recently chose Oracle to secure video conferencing from the Cloud, after it started planning the partnership in mid-March.
According to Zoom's data, more than seven petabytes a day are already being transferred via Oracle's cloud servers, which is equivalent to 93 years of high definition video.