The article discusses the discovery of malware in Pinduoduo's shopping app, which was able to access users' sensitive information without their consent. The malware was found by a team of cybersecurity experts, including Sergey Toshin of Oversecured, who used various methods to identify and exploit vulnerabilities in the app.
According to the article, Pinduoduo issued an update to remove the malware from its app on March 5, but the underlying code was still present, and it is likely that the company could re activate it to carry out attacks. The team that developed the malware was disbanded after their actions were discovered, with some members being transferred to other departments within the company.
The article also highlights the lack of oversight from regulatory bodies in China, particularly the Ministry of Industry and Information Technology. Despite being responsible for regulating companies like Pinduoduo, the ministry failed to detect the malware, which is embarrassing for the regulator. The cybersecurity expert quoted in the article notes that regulators often struggle to understand coding and programming concepts, making it difficult for them to effectively regulate companies.
The discovery of the malware has raised concerns about data privacy and security in China's tech industry. Cybersecurity experts are warning that more needs to be done to protect users' sensitive information from companies like Pinduoduo. The article concludes by noting that CNN has reached out to regulatory bodies for comment, but no official response has been received.
Key points:
* Malware was found in Pinduoduo's shopping app, which could access users' sensitive information without their consent.
* The malware was discovered by a team of cybersecurity experts, including Sergey Toshin of Oversecured.
* Pinduoduo issued an update to remove the malware on March 5, but the underlying code is still present.
* The company disbanded its malware development team and transferred some members to other departments.
* Regulatory bodies in China failed to detect the malware, leading to concerns about data privacy and security.
* Cybersecurity experts warn that more needs to be done to protect users' sensitive information from companies like Pinduoduo.
According to the article, Pinduoduo issued an update to remove the malware from its app on March 5, but the underlying code was still present, and it is likely that the company could re activate it to carry out attacks. The team that developed the malware was disbanded after their actions were discovered, with some members being transferred to other departments within the company.
The article also highlights the lack of oversight from regulatory bodies in China, particularly the Ministry of Industry and Information Technology. Despite being responsible for regulating companies like Pinduoduo, the ministry failed to detect the malware, which is embarrassing for the regulator. The cybersecurity expert quoted in the article notes that regulators often struggle to understand coding and programming concepts, making it difficult for them to effectively regulate companies.
The discovery of the malware has raised concerns about data privacy and security in China's tech industry. Cybersecurity experts are warning that more needs to be done to protect users' sensitive information from companies like Pinduoduo. The article concludes by noting that CNN has reached out to regulatory bodies for comment, but no official response has been received.
Key points:
* Malware was found in Pinduoduo's shopping app, which could access users' sensitive information without their consent.
* The malware was discovered by a team of cybersecurity experts, including Sergey Toshin of Oversecured.
* Pinduoduo issued an update to remove the malware on March 5, but the underlying code is still present.
* The company disbanded its malware development team and transferred some members to other departments.
* Regulatory bodies in China failed to detect the malware, leading to concerns about data privacy and security.
* Cybersecurity experts warn that more needs to be done to protect users' sensitive information from companies like Pinduoduo.