TikTok is capable of Collecting U.S. consumers data Enhancing Chances of Cyber-attacks

The U.S. government recently conducted a national security analysis of TikTok's video platform and software. The investigation follows on from the Chinese company ByteDance's 2017 purchase of the site. TikTok's security concerns bear many similarities to the FaceApp's privacy concerns widely reported last year. These are also an indication of much wider concerns about the influence and presence of Chinese companies in the U.S., and the fact that American SMBs fear the cyber-attacks of China.TikTok app is theoretically capable of gathering information about US consumers.

As one of the foreign investments, the U.S. government is currently addressing the issue. If the investigation turns up that TikTok poses a threat to security, the likely result would be to force ByteDance to sell the site to a U.S. company or build a U.S. subsidiary. The problem with that is that the commodity is now so big that finding a buyer for it could be tough.Another solution would be to ban the device entirely, although this approach would be controversial and unlikely to be followed. When the Indian government banned the device back in April, the backlash was immense.