A recent report from Verizon Business has highlighted a significant surge in cyberattacks driven by the exploitation of vulnerabilities, accounting for 14% of all breaches in 2023. The report, titled the Data Breach Investigations Report (DBIR), analyzed a record-high 30,458 security incidents and 10,626 confirmed breaches last year, marking a two-fold increase compared to 2022.
A significant increase in Distributed Denial of Service (DDoS) attacks has been reported by Zayo, with the telecommunications sector suffering the most. According to the company’s annual DDoS Insights Report, the past year saw a dramatic rise in both the frequency and severity of these cyber assaults. Businesses found themselves paying an average of £4,700 for every minute under attack, culminating in an average total cost of £325,000.
In the fast-evolving realm of cybersecurity, hackers are displaying remarkable agility in adapting their techniques to exploit technological advancements. The frequency and cost of cyber attacks employing social engineering tactics have witnessed a surge in 2023, and experts predict an even greater volume of such incidents in 2024. GlobalData, a prominent data and analytics company, forecasts a trend where cybercriminals will rapidly innovate and extend the use of methods like social engineering and deceptive practices designed to manipulate individuals into divulging sensitive information.
Telecommunications is a dynamic sector that offers exciting career opportunities, yet often overlooked by young individuals. Despite over 60% of telecom engineers being over 50, the youth seem to overlook it. It is crucial to emphasize the need for fresh talent to join this fast-growing, top-paying industry that heavily influences our daily lives. Even for those not a tech gurus, there are a multitude of roles available in the field, from design engineer to satellite engineer. Engaging in telecommunications has the potential to offer opportunities for global travel, like Emma Philpott, who had no initial telecom intent yet found herself traveling from Abu Dhabi to Antarctica.
In a swift response to Tuesday’s widespread cyber-attack, Kyivstar, the Ukrainian subsidiary of global digital operator VEON Ltd., has successfully restored mobile internet services nationwide, encompassing all communication standards, including 4G. International roaming services have also been reinstated within the past 24 hours, marking a significant recovery effort.
EPB, the city-owned broadband provider, has launched a new 2.5-gig residential internet service, expanding its symmetrical speed offerings on the fiber optic network. Priced at $97.99 per month, the 2.5-gig service comes with the installation of EPB’s Wi-Fi 6e router and is available across the service area. VP Katie Espeseth emphasized EPB’s commitment to diversifying network options, with an eye on providing service up to 25-gig.
CUJO AI, a herald in cybersecurity and device identification, foresees growth in catering to Matter and Thread devices. As IoT devices multiply in consumer homes, demand for advanced security solutions escalates. The move to Matter and Thread is seen as a valuable advancement towards CUJO AI’s goal of enhancing ISP security.
In a sharp escalation of theft incidents, Philippines operator Globe reported a loss of 834 backup batteries from their network facilities in 2022’s first half. This, they outline, puts localities at risk of service interruptions during power cuts. This surge may be associated with the modern, high-value sodium nickel batteries introduced by Globe. However, it’s more likely tied to the nation’s steep energy prices and increased cost of living. In the face of these challenges, telco operators must devise robust security measures while continuing to innovate on environmental fronts.
In light of Ericsson’s mounting tension with Lenovo and Motorola Mobility for suspected patent infringement, the telecom giant invites a discussion on the significance of intellectual property rights in fostering innovation. An influx in Ericsson’s licensing revenue, along with recent 5G legal victories, underscores this issue within the tech landscape.
Ekinops, a telecom solutions leader, has unveiled its OneOS6-LIM, a game-changing virtualization solution. This innovation optimizes hardware, integrating an efficient ONEe600 router to provide top-notch services, debunking doubts about uCPE economics. Ekinops’ partnership with EANTC AG solidified its position as a potent player in NFV, offering quick ROI for service providers.
