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Information Security Specialist warned: Banking operations are in danger

After the Whatsapp application submitted to its existing users the new data sharing policy, which will come into effect as of February 8, it has brought many discussions. Information security expert Lect. Tuğçe Yüksel, who gave information about the data to be shared and the problems that can be experienced in sharing, said: “The realization of security passwords with facial and voice information in the control of electronic devices, online commerce and banking transactions constitute this vulnerability.”

Information Security Specialist warned: Banking operations are in danger

The instant messaging application WhatsApp announced that it introduced a new privacy policy for users outside the European Union at the beginning of last week and that it will share its data with Facebook and its companies as of February 8, which brought many discussions. Information Security Specialist and Information Security Program Head Lect. Tuğçe Yüksel from Istanbul Gelisim University gave information about the data to be shared and the problems that can be experienced in case of sharing. Emphasizing that the new data sharing policy and the privacy policy conditions approved by the users create a major security problem, especially in terms of video and audio recordings, Yüksel said: “The realization of security passwords in the control of electronic devices, online trade and banking transactions with facial and voice information creates this vulnerability”.

“THE BIG SECURITY ISSUE”

Stating that with the approved contract, all this information will be open to sharing among the Facebook group company, Yüksel said: “The application was able to retrieve and store the specified data before the agreement was submitted. However, it could not perform any transaction on it. With the approval of the contract, analysis can be performed on the stored data. This situation creates a big security problem, especially in terms of video and audio recordings. The realization of security passwords with facial and voice information in the control of electronic devices, online commerce and banking transactions creates this vulnerability.”

“THE HIGHER THE RECORD DATA IS THE ACCURACY RATE INCREASES”

Yüksel continued as follows:

“With the sound recordings shared in groups, the imitation of new sounds can be realized up to 97 percent accuracy with today's technology and methods. Transactions can be made on behalf of the person with new records that have been forged. The more the recording data, the higher the accuracy rate. The use of personal data poses a threat to information security.” 
 
WHICH DATA WILL BE SHARED?

Talking about the data held by Whatsapp, which will be able to share the data received through the application with Facebook companies with the new data sharing policy and the privacy policy conditions approved by its users, Yüksel shared the following information:

“The data that the Whatsapp application will share: account information, messages (including visual, video and audio recordings) links, status information, transaction and payment data, customer support and other communications, usage and registration information, device and connection information, location information, cookies, information that others conduct about you, user complaints, businesses on Whatsapp, third-party service providers, third-party services, how the collected data is used, ancillary services, safety, security and integrity, communications about Facebook companies, corporate interactions, battery level, profile photo.”




Edited date: 13.01.2021
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