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Security

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An increase in Distributed Denial of Service (DDoS) attacks has been reported by Zayo, with the telecoms sector suffering the most. Security

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.

LogRhythm has expanded its partnership with e-finance, a subsidiary of e-finance Investment Group to deliver secure digital transformation. Security

LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, has expanded its partnership with e-finance, a subsidiary of e-finance Investment Group to deliver secure digital transformation in Egypt. The strategic expansion of the partnership sees the integration of LogRhythm into e-finance’s cloud computing platform. e-finance’s customers across critical industries including fintech, government, and healthcare gain access to LogRhythm SIEM to uncover threats, mitigate attacks, and scale their business with confidence.

Against the rising menace of spyware, representatives from various countries convened in London for the Cyber Proliferation conference. Security

In a significant move against the rising menace of spyware, representatives from various countries recently convened in London for the UK – France Cyber Proliferation conference. This gathering underscored the urgent need for international cooperation against the malicious use of cyber tools, an issue that transcends national borders. UK Deputy Prime Minister Oliver Dowden highlighted the importance of joining forces with allied nations to combat cyber threats, positioning the UK as a leader in this global fight.

In the evolving realm of cybersecurity, hackers are displaying agility in adapting their techniques to exploit technological advancements. Security

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.

Ericsson partnered with Concordia, Manitoba, and Waterloo Universities in an initiative aimed at enhancing cybersecurity of the 5G network. Security

In an ambitious collaboration, Ericsson is partnering with Concordia University, the University of Manitoba, and the University of Waterloo to bolster cybersecurity for 5G networks, utilizing AI and automation solutions. Their objective: foreseeing and mitigating network breaches for both current 5G and upcoming 6G networks while navigating increasing network stress and complex security requirements.

Th Ofcom has embraced its newly bestowed duties embodied in the Online Safety Act and propounded its initial consultation. Security

Under the Online Safety Act, UK’s telecoms regulator Ofcom, gears up to reinforce online safety, focusing on protecting vulnerable users, especially children. Their proposed laws call for tech firms’ accountability, ensuring a thorough content governance to curb harmful material. They seek stakeholder feedback on their initial codes against illegal harms online, marking the end of harmful content and the dawn of user safety.

In a push for universal cybersecurity standards, the EU faces backlash from global telecom titans like Ericsson and Nokia. Security

In a push for universal cybersecurity standards, the EU faces backlash from global telecommunications titans like Ericsson and Nokia, who warn of supply chain disruptions akin to those experienced during COVID-19. Striking a balance between stringent security measures and smooth product availability is crucial, prompting these industry leaders to suggest increased self-assessment and more lenient implementation timeframes. However, the underpinning question remains – who should ensure industry compliance, the vendors or third parties? Amidst the surge in cybercrime, a secure, streamlined approach is paramount.