Stock Markets in Asia Signal Investor Caution: Live Updates

“It’s a little bit of lack of confidence,” said Mr. Maley, “And you can’t blame them after what’s happened.”

In the oil market, brent crude, the international benchmark, fell more than 6 percent to roughly $26 a barrel on Monday. West Texas Intermediate, the U.S. benchmark, was down more than 5 percent with prices hovering around $20.25 in early afternoon trading. Earlier in the morning the price had briefly dropped below $20 a barrel, a level not seen in almost 20 years.

New York’s attorney general has questions for Zoom about privacy and security.

Zoom, the popular videoconferencing app whose traffic has surged amid the coronavirus pandemic, is under scrutiny by the office of New York’s attorney general, Letitia James, for its data privacy and security practices.

The attorney general’s office sent a letter to Zoom on Monday asking what, if any, new security measures the company had put in place to handle increased traffic on its network and to detect hackers, according to a copy reviewed by The New York Times.

The letter referred to Zoom as “an essential and valuable communications platform,” but it outlined several concerns, noting that the company had been slow to address security flaws such as vulnerabilities that have allowed malicious users to invade videoconferences held on the service, a practice known as Zoombombing.

Article source: https://www.nytimes.com/2020/03/31/business/stock-market-today-coronavirus.html