Snapchat's privacy standard lags Google, Facebook, Apple

In the days following Donald Trump’s victory in the 2016 presidential election, a relatively obscure texting app called Signal went viral on social media and its downloads spiked. Created by non-profit Open Whisper Systems, the app offers an extremely secure communication protocol of end-to-end encryption, meaning that any communication can only be read by the people who send and receive the messages.

And unlike other end-to-end encrypted products, such as Apple’s iMessage, Signal’s Snowden-endorsed protocol is open-source, providing verifiable public proof of security. In other words, anyone who wants to see how the system encrypts something can look at the code.

With anti-media sentiment in the White House growing and at least 10 states proposing crackdowns on peaceful protesting, the thirst for encrypted messaging is only growing.

“Millions of people used Signal before the election,” Signal’s creator Moxie Marlinspike told Yahoo Finance in an email. “Growth has continued to accelerate since then. We’ve seen a sustained 400% increase in daily installs.”

Snap has lagged behind Apple iMessage, Facebook, WhatsApp, and Google

In a messaging landscape that increasingly prioritizes security, one company has been conspicuously absent: Snap. Meanwhile, services like Facebook’s Messenger (FB), WhatsApp, Apple (AAPL) iMessage, Google’s Allo (GOOG), and others have all increased security.

“People expect their messages to be secure,” a Facebook spokesperson told Yahoo Finance. “Nearly all of the most popular messaging services use encryption. Encryption is one of the most important tools governments, companies and individuals have to promote safety and security.”

Snapchat, however, has not responded to this paradigm shift. Founded on the premise of disappearing messages by its current CEO Evan Spiegel, the app has long been the go-to messaging service for sensitive content and information, which led to its reputation as the “teen sexting app,” as Stratechery’s Ben Thompson called it. Snap did not respond to numerous requests for comment.

Snap CEO Evan Spiegel has been hailed as one of the most visionary Silicon Valley CEOs since Apple’s Steve Jobs. Source: AP
Snap CEO Evan Spiegel has been hailed as one of the most visionary Silicon Valley CEOs since Apple’s Steve Jobs. Source: AP

Today, the app boasts 158 million daily active users, and its parent company, Snap, is poised to make an IPO on March 2, with expectations topping a $25 billion valuation on the open market.

Unlike Facebook, Instagram, and Twitter, Snap correctly assumed that not everyone wants a permanent, searchable trail of potentially compromising internet behavior. Snapchat privacy, through ephemerality, was its biggest asset. Before Snapchat, no company seemed to have recognized the value of a throwaway picture.