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Another remarkable incident in the telecoms industry this week, as the US mobile colossus, Verizon, reported a significant data breach.
Telco Buzz

Verizon’s Data Breach: Balancing Employee Privacy and Security

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In a significant security incident, US telecom giant Verizon suffered a serious data breach impacting over 63,000 workers. Despite occurring last September, the leak wasn’t detected until December. Delving into the possible causes reveals potential insider wrongdoing. With the exposed data consisting of extensive personal details, Verizon claims that it hasn’t been shared externally yet. As the company probes into the breach, it offers its affected staff credit monitoring and identity theft protection for two years.

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The UK government and Vodafone have found common ground in instituting "proportionate measures" regarding the holdings of e& in Vodafone.
Telco Buzz

Balancing Act: Vodafone and e& Navigate National Security Implications

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UK’s government and Vodafone settle on ‘proportionate measures’ to assuage national security concerns over UAE-based e&’s increasing ownership stakes. This agreement follows the government’s expressed apprehension about e&’s potential influence on Vodafone’s policies due to its status as the largest shareholder. In response, a ‘national security committee’ will be created within Vodafone to monitor initiatives that could affect national security.

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Ukraine and Romania inked a collaboration deal on cybersecurity, the implementation of 5G, and rehabilitation of Ukraine's connectivity.
Telco Buzz

Ukraine-Romania Alliance: Fortifying Cybersecurity, Expanding 5G Reach

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Exploring fresh avenues in cybersecurity alliances, Ukraine and Romania envision bolstering digital frontline with an impactful pact. The focus pivots around supercharging cybersecurity, enabling 5G technology, and rehabilitating Ukraine’s connectivity infrastructures in light of recent cyber breaches. Spearheading distinctive initiatives, the collaboration plans to fortify national networks, establish a cloud-based public e-service platform and popularize 5G technology across Ukraine.

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

Cybersecurity Landscape Faces Escalation in Social Engineering Attacks in 2024

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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.

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To bolster its cybersecurity offerings, SonicWall, a player in the global cybersecurity arena, has officially acquired Banyan Security.
M&A

SonicWall Bolsters Cybersecurity with Banyan Security Acquisition

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In a strategic move to bolster its cybersecurity offerings, SonicWall, a prominent player in the global cybersecurity arena, has officially acquired Banyan Security. Banyan Security is recognized as a leading provider of Security Service Edge (SSE) solutions tailored for the contemporary workforce, and this acquisition is poised to fortify SonicWall’s portfolio.

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In a groundbreaking trial, SKT and Thales have successfully tested the encryption and decryption of identity data on a 5G network.
Security

SKT and Thales Pioneer Quantum-Resistant 5G Network Security

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In a groundbreaking trial, SK Telecom (SKT) and Thales have successfully tested the encryption and decryption of identity data on a 5G network, aiming to safeguard user privacy from potential quantum threats. The experimentation utilized Thales’ cutting-edge 5G Post Quantum Cryptography (PQC) SIM cards within a trial 5G standalone network environment provided by SKT.

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In a decisive move towards advancing its digital agenda, the EU has earmarked a substantial €763 million for the Digital Europe Programme.
IT

EU Allocates €763 Million for Digital Transformation and Cybersecurity

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In a decisive move towards advancing its digital agenda, the European Union (EU) has earmarked a substantial €763 million for the Digital Europe Programme. The lion’s share of nearly €549 million will fortify ongoing projects and multi-country initiatives aligning with the Digital Decade targets. These targets, a roadmap for Member States, aim to accelerate digital transformation by 2030.

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

Navigating 5G Network Security: Ericsson’s AI-driven Approach

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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.

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