Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: Securities Firms Ban Qihoo Apps Due to Privacy Concerns

Donews, 8/29/12

Four major mainland China securities firms - GF Securities, Sealand Securities, Guosen Securities, and Haitong Securities - have issued internal memos ordering all employees to cease using and immediately uninstall software from Chinese Internet services and security software provider Qihoo 360 (NYSE: QIHU).

In its internal memo, Guosen stated that Qihoo 360's 360 Safe Guard and 360 Safe Browser apps have major security flaws, stating that Qihoo 360 software can upload user history, cookies, and temporary files to external servers, which other parties can find and retrieve using Qihoo 360's search engine.

Editor's Note: In an August 29 posting on its official Sina Weibo microblog page, GF Securities denied that its technology department or any other part of the company had issued any notices concerning Qihoo 360 software, dismissing the above-mentioned rumor as false.

Keywords: Internet security 360 Safe Guard Guosen Securities Qihoo 360 Haitong Securities QIHU


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports