Use of WeChat and Telegram in the Business World

 

Instant messaging applications such as WeChat and Telegram are being used my many organizations to connect with their clients. Provided that you ensure WeChat Compliance and Telegram compliance, there is no harm in using these apps.

In the financial services sector, most bankers and traders find apps such a 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, so many traders and bankers are actively using 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, the companies using them can face serious compliance risks. Regulators have cracked down on an insider trading case using WeChat conversations, citing the benefits of monitoring the various mobile messaging solutions to keep illegal activities from occurring.

WeChat has been banned by a number of countries due to its lack of privacy and its potential to have spyware or malware. Since it is already feared to cause problems at the national level, it stands to reason that the business communications can also be monitored through spyware.

WeChat and Telegram are subject to both censorship and surveillance, meaning that they have no end-to-end encryption that can protect an individual’s privacy. There are multiple applications that also allow people to monitor other users’ conversations. For instance, the application called mSpy can send reports on a user’s calls, text messages and browsing, WeChat conversations, and more, back to the app’s owner. Using spy software, people can monitor a user’s activities and invade the privacy of those involved in a conversation. This lack of end-to-end encryption has also allowed 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 in the business world, visit our website at https://www.telemessage.com/

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