Wednesday, June 17, 2020

Zoom Passwords Are Being Sold On The Dark Web

Protect Your Company Data Webinar
June 25  1:00 EST


Zoom has been involved in a few security and privacy scandals in the past. But a recent revelation revealed that the video conferencing has once again, been involved in a recent security scandal.

Cyble, a cybersecurity firm. Found that more than 500,000 Zoom accounts and passwords are being offered for sale on hacker forums and on the Dark Web. The figures came from Bleeping Computer’s recent report.

Zoom accounts, including those from owned by major firms, were being sold for $0.0020, the report said. Those who purchase the accounts will get an email address, password, personal meeting link, plus the host key which users can use to host a meeting using the service.
A Zoom representative said in a statement that web services are commonly targeted by this kind of activity, which involves bad actors trying to test several already compromised credentials from different platforms to check if the users have reused them somewhere else. The spokesperson added that this type of attack does not affect their clients, which uses their one-time sign on systems.

The representative added that Zoom has hired different intelligence firms to locate these password dumps as well as the tools that are being used to make them, and a company that has shut down countless websites trying to trick users into giving up their credentials or downloading malware. Zoom also added that it has locked compromised accounts and have asked affected users to make strong passwords.

The recent revelation is only one of the many security andprivacy problems that Zoom has been facing. From issues concerning corporate secrets being at risk to Zoombombing, wherein people get unauthorized access to a meeting and say obscene things to attendees, Zoom has experienced different problems ever since it became the go to video conference platform since the shelter-in-place directive was rolled out.

Zoom has acknowledge this problem and promised to deal with them. Additionally, it has updated its software to fix a few of the most common issues.

However, the work is clearly far from over. Furthermore, it seems like hackers have no plans of slowing down anytime soon. With Zoom’s current situation, it’s possible that hackers will continue to target the web service.

So, what can users and companies that rely on Zoom do? The fact remains that credentials for different purposes will always be at risk of being available on the Dark Web. This may be concerning but there is a huge possibility that the other credentials of your company are already out there.

Having said that, leak remains concerning, because a lot of users use the same log in credentials for different applications. For a meagre price of less than a single centavo, hackers can access one or more username and password, and try if they can be used in other services. This is an extremely common hacking method and it has proven to be effective.

So, if you are using Zoom and you are worried that your logins and other data may be stolen, inform your employees to use strong passwords. This may seem simple but it can greatly help you in keeping hackers at bay.

Call SpartanTec, Inc. now and let our team help you come up with a plan that will not only boost your cybersecurity strategies but also improve its efficiency in protecting your business from data breaches.


SpartanTec, Inc.
Columbia, SC 29201
(803) 408-7166
http://manageditservicescolumbia.com/

cities served:
Columbia, West Columbia, Cayce, St Andrews, Lexington, Oak Grove

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