The Use Of WeChat and Telegram And What To Do To Ensure Compliance
Do
you use WeChat and Telegram for communication purposes in your business? If you
do, you need to know what to do in order to ensure WeChat
compliance and Telegram
compliance. Instant messaging applications have been repeatedly used in
various companies to connect with their clients. In the financial services
sector, most bankers and traders find apps such as WeChat and Telegram to be
convenient channels of communication because many of their clients favor using
them over other means to transact business.
In
China, bankers and traders actively use WeChat to make deals even when various
companies in other countries shun such messaging apps. Since instant messaging
apps are not compliant with most regulatory requirements, companies that use them
can face serious compliance risks. Regulators have cracked down on an insider
trading case using WeChat conversations, highlighting the benefits of
monitoring the various mobile messaging solutions to keep illegal activities
from occurring.
WeChat
is subject to both censorship and surveillance, meaning that the app has no
end-to-end encryption that can protect the privacy of an individual. A lot of
applications also allow people to monitor other users’ conversations. For
instance, the application known as mSpy can send reports on a user’s calls,
browsing, text messages, WeChat conversations, and more, back to the app’s
owner. Other applications with this capability include Spyzie, ExactSpy, iKey
Monitor, and WeChat Hacker.
With
the use of spy software, people can monitor a user’s activities and invade the
privacy of those that are involved in a conversation. Lack of end-to-end
encryption has also made it possible for the app to be accessed via a backdoor and
eventually access the user’s phone.
For more information on the use of
WeChat and Telegram and what to do to ensure compliance, visit our website at https://www.telemessage.com/
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