Did Zoom Just Solve Its Security Problem?

One of the biggest winners of the stay-at-home and remote work orders blanketing the world has been Zoom Video Communications (NASDAQ: ZM). The company's videoconferencing platform became the go-to for many schools and businesses working from home in order to replace face-to-face meetings.

That hasn't been without challenges. As the number of users soared, hackers and other bad actors sought to disrupt the proceedings by crashing unsecured classes and meetings with obscenities, racism, and pornography. Zoom rushed to reassure users and investors, redirecting its research and development efforts to focus on platform security.

Now, the company has taken a major step toward achieving its goals. Zoom announced on Thursday that it has acquired privately held secure messaging and file-sharing service Keybase.

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Source Fool.com