The article discusses the discovery of malware in Pinduoduo, a Chinese e-commerce company. The malware was discovered by a cybersecurity firm called Dark Navy and later confirmed by other researchers. The malware allowed hackers to access users' personal data, including location information, contacts, calendars, and social network accounts.
Pinduoduo's response to the issue was to release an update that removed the exploits, but some experts believe that the underlying code could still be used to carry out attacks. The company also disbanded a team of engineers and product managers who had developed the malware.
The article highlights the failure of Chinese regulators to detect the malware, which is seen as embarrassing for the regulator. The Ministry of Industry and Information Technology has not commented on the matter, but some cybersecurity experts have questioned why they did not take action sooner.
The article also notes that Pinduoduo's growth in user base has been successful despite the regulatory clampdown on Big Tech that began in late 2020. The company's ability to evade detection and exploit vulnerabilities has raised concerns about its practices.
Overall, the article suggests that Pinduoduo's handling of the malware issue was inadequate, and that the company's lack of transparency and oversight is a concern for regulators and users alike.
Key points:
* Malware was discovered in Pinduoduo's app by Dark Navy
* The malware allowed hackers to access users' personal data
* Pinduoduo released an update that removed the exploits, but some experts believe the underlying code could still be used to carry out attacks
* The company disbanded a team of engineers and product managers who developed the malware
* Chinese regulators failed to detect the malware, raising concerns about their oversight
* Pinduoduo's growth in user base has been successful despite regulatory efforts to curb Big Tech.
Pinduoduo's response to the issue was to release an update that removed the exploits, but some experts believe that the underlying code could still be used to carry out attacks. The company also disbanded a team of engineers and product managers who had developed the malware.
The article highlights the failure of Chinese regulators to detect the malware, which is seen as embarrassing for the regulator. The Ministry of Industry and Information Technology has not commented on the matter, but some cybersecurity experts have questioned why they did not take action sooner.
The article also notes that Pinduoduo's growth in user base has been successful despite the regulatory clampdown on Big Tech that began in late 2020. The company's ability to evade detection and exploit vulnerabilities has raised concerns about its practices.
Overall, the article suggests that Pinduoduo's handling of the malware issue was inadequate, and that the company's lack of transparency and oversight is a concern for regulators and users alike.
Key points:
* Malware was discovered in Pinduoduo's app by Dark Navy
* The malware allowed hackers to access users' personal data
* Pinduoduo released an update that removed the exploits, but some experts believe the underlying code could still be used to carry out attacks
* The company disbanded a team of engineers and product managers who developed the malware
* Chinese regulators failed to detect the malware, raising concerns about their oversight
* Pinduoduo's growth in user base has been successful despite regulatory efforts to curb Big Tech.