Watching Zoom Video Communications; Traders Circulate Post From HackManac Saying "Zoom, Potential #databreach Detected; UserSec, A Pro-Russian Hacking Group, Claims To Have Breached Zoom, Compromising 2M User Accounts. Among The Samples Provided, There Is Also A List Of 95 User Login Credentials With Passwords In Plain Text.; The Confirmation Or Denial Of These Claims Has Yet To Be Verified."
Portfolio Pulse from Benzinga Newsdesk
Zoom Video Communications is under scrutiny after a post from HackManac suggested a potential data breach by UserSec, a pro-Russian hacking group. The group claims to have compromised 2 million user accounts, including a sample list of 95 user login credentials with passwords in plain text. The claims have yet to be verified.
August 15, 2024 | 7:06 pm
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Zoom Video Communications is facing allegations of a data breach by UserSec, a pro-Russian hacking group, which claims to have compromised 2 million user accounts. The claims are yet to be verified.
The news of a potential data breach involving 2 million user accounts could significantly impact Zoom's stock price negatively in the short term. Security breaches can erode user trust and lead to regulatory scrutiny, both of which are detrimental to the company's reputation and financial performance.
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