U.S. Federal Trade Commission requires Zoom to implement security program within 60 days. FTC says Zoom misled customers about level of encryption provided for meetings. FTC: Zoom did not provide end-to-end 256-bit encryption for Zoom meetings as it had advertised. Zoom also misled users by claiming to immediately encrypt recorded meetings prior to storing them in its cloud storage facility. No financial penalties were issued with the settlement, but any future violations could cost Zoom up to $43,280 for each.”]
Source: https://www.govinfosecurity.com/ftc-settlement-zoom-sets-security-requirements-a-15335