With protecting data becoming a top priority around the world, video-conferencing platform Zoom on September 2 announced a new service that will allow users to protect their data that has been stored within the Zoom Cloud by using their own encryption keys. 

The platform said its newest advanced security offering -- Customer Managed Key (CMK) -- is designed to help users address stricter compliance requirements.

"Every industry grapples with its own unique regulatory requirements -- the healthcare industry faces HIPAA, while financial services institutions must address Gramm-Leach Bliley Act, NY DFS, and more. All organisations have a different approach to safeguarding important information and remaining compliant, and some need tailored security solutions to do so," Karthik Raman, group product manager, said in a statement.