The lawsuit was filed against LeadCloak and its founder Basant Gajjar for selling the “cloaking” software to scammers that fool the ad-review systems both on Facebook and Instagram.
Zoom has zoomed to global stardom but a growing number of companies, which now includes Google, have barred their employees from using it due to security vulnerability concerns.
In separate advisories dated April 7, the SEC warned the public against investing in Cryptec, CryptoPeso, V2R Trades, Lao Razon Trading and/or Lao Razon Marketing, and Sakto Online Advertising.
The memo from PLDT-Smart’s Cyber Security Operators Group labeled Zoom as a “malware”, adding that its blacklisting is necessary to avert a “privacy disaster”.
In its most recent advisories, the SEC urged the public to stop investing in MAGINVESTKA.ONLINE (MIK.O), which purportedly trades Bitcoin against the US dollar, and Azenzo-Online, which supposedly operates as an independent crowdfunding platform.
Researchers from security firm Kaspersky said cybercriminals are exploiting the coronavirus pandemic by actively using the topic in spreading malware such as backdoors and spyware in the past few weeks.
The government agencies said now is the worst possible time to fall victim to online fraudsters as they can steal sensitive data, cause financial, and reputational damages, and make devices unusable.
Named MonitorMinor, the software enables stalkers to covertly access any data and track activity on devices they are surveying, as well as the most popular messaging services and social networks.
