Telefónica Tech has announced a new partnership with cybersecurity firm SpyCloud to enhance its cyber intelligence services, aiming to better shield businesses from threats like account takeovers, ransomware, and digital fraud.
SpyCloud’s contribution lies in its massive trove of stolen credentials—reportedly over 750 billion—sourced from dark web and criminal networks. The technology also boasts rapid detection capabilities, which Telefónica Tech plans to use to reinforce its Digital Risk Protection offering. This integration will allow the company to detect when employee, customer, or third-party credentials are compromised and take proactive steps before these are exploited in cyberattacks.
With this collaboration, Telefónica Tech aims to help its clients anticipate potential attacks stemming from identity theft and unauthorized access. The expanded cyber intelligence tools will enable businesses to monitor real-world risks based on concrete data like leaked login information.
Alberto Sempere, Telefónica Tech’s Director of Services, Innovation and Partnerships, highlighted the strategic benefit of this alliance. “Our cyberintelligence capabilities are now stronger, allowing us to uncover compromised data early and give our clients a head start in defending their digital environments,” he said.
SpyCloud’s Chief Product Officer, Damon Fleury, praised the partnership, emphasizing Telefónica Tech’s role as the first managed security service provider (MSSP) in Spain to adopt their tools. He noted this move reflects Telefónica’s leadership in proactive cybersecurity and strengthens its ability to guard a broad customer base against identity-driven attacks.
SpyCloud reported recovering over 53 billion unique identity records in 2024 alone, up 22% from the previous year. With around 80% of data breaches tied to stolen credentials, the collaboration comes at a critical time. Meanwhile, other telcos like Orange are also reinforcing their cybersecurity frameworks, as seen in its new partnership with Finnish firm F-Secure.
