Zoom rival Symphony accuses videoconferencing firms of compromising security: 'It made us shake our heads'
David Gurle, the founder and CEO of instant messaging app Symphony, has accused rivals of 'compromising security' in favor of growth amid the COVID-19 pandemic.
Symphony, founded in 2014, primarily serves financial institutions and is backed by the likes of Goldman Sachs and JPMorgan – but is working to become more accessible. Founded in 2014 by former Skype executive David Gurle, Symphony is aimed at the financial services industry and is used by big financial institutions – including investors like Deutsche Bank and Wells Fargo – as a means ofThe firm has revealed plans to expand its video service, promising to move beyond financial institutions and offer a "truly secure" platform for businesses of all sizes.
Symphony currently only supports encrypted videos on a peer-to-peer basis, which limits meeting sizes. The firm says it offers true end-to-end encryption.
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