CYBER SECURITY Archives | Page 2 of 3

The Orange subsidiary, Orange Cyberdefense, has purchased all of the shares of SCRT and Telsys, two Swiss businesses. These two sister companies, which have operations in Geneva and Bern, together with a joint headquarters in Morges, near Lausanne, employ over 100 professionals with expertise in cybersecurity and related services. The growth of Orange Cyberdefense is a strategic goal for the Orange Group as it seeks to position itself as a top European cybersecurity business. The purchases, according to Orange, would strengthen the group’s cyberdefense business, which intends to generate 1 billion euros in revenue next year. The financial terms of this deal have not been disclosed. Currently, Orange Cyberdefense operates in nine countries, including France, Belgium, Denmark, Germany, the Netherlands, Norway, Sweden, the United Kingdom and Switzerland. With the acquisition of SCRT and Telsys, Orange Cyberdefense is now able to provide around-the-clock local assistance to Swiss organizations.…

Telecom News

2.1m client identifying documents exposed in Optus hack

By Aiste Kryzanovske October 4, 2022

According to an update from Optus, 2.1 million of the 9.8 million current and past customers whose data was exposed had at least one portion of an identification document, such as a license or passport number, accessed. In addition to personal data such as name, address, and date of birth, a current and legitimate form of identification was compromised for around 1.2 million people. For the remaining 900,000 users, the breach compromised an out-of-date ID. Optus stated that it has contacted all of the affected individuals and instructed them on the steps to take so as to minimize the damage done by this hack. Optus has also promised to reimburse victims the cost of passport replacement. The company has encouraged the remaining 7.7 million consumers to be cautious. Even though their identification documents were not stolen, the breach disclosed information such as email addresses, birth dates and phone…

Telecom News

TPx has expanded its Security Advisory Services

By Aiste Kryzanovske September 21, 2022

TPx, a managed services company that offers cybersecurity, managed networks and cloud communications, has added Penetration Scanning to its Security Advisory Services offering. TPx Penetration Scanning makes use of an automated scanning platform, which allows for quick turnaround times and cost-effective services. This advanced product expands on TPx’s Vulnerability Scanning, which examines network-connected devices in order to discover possible security leaks. The combination of penetration and vulnerability scanning when used jointly offers a more thorough method of risk identification and security reinforcement. TPx Vulnerability and Penetration Scan simulates hacker behavior to assist clients evaluate the probability that a criminal will be able to successfully attack a company’s weaknesses in order to obtain access to systems or secret information on the network. Scanners track a company’s risk profile in almost real-time, with the analysis being conducted as a one-time activity or on a regular basis. Rick Mace, CEO…

Telecom News

Samsung US suffers another data breach

By Aiste Kryzanovske September 6, 2022

In late July, Samsung Electronics experienced a cybersecurity incident that resulted in the exposure of personal data of some American customers. The business said it discovered the data breach on August 4. Samsung claims that the customers’ social security numbers and credit card numbers were unaffected, but information such as names, contact information, demographic information, date of birth, and product registration information was compromised. Samsung has already issued a warning to impacted consumers to be on the lookout for phishing emails that attempt to obtain additional personal data. These emails may be used for identity theft or to deceive recipients into installing malware on their computers. The business did not, however, address how many consumers were impacted or why it took Samsung more than a month to alert customers regarding this breach, which was reported only hours before a Labor Day weekend in the United States. …

Telecom News

UK confirms new cyber security rules for telecom networks

By Aiste Kryzanovske September 1, 2022

Following a period of public debate, the UK government has decided on new security requirements for telecom providers. It now intends to introduce the Electronic Communications (Security) Measures Regulations 2022 and an accompanying Telecommunications Security Code of Practice to Parliament before the regulations take effect. The new rules seek to better secure UK telecoms networks from cyberattacks. Once in effect, telecoms businesses will be expected to follow tight standards around network failure or the theft of sensitive data, with the regulatory agency Ofcom receiving additional powers to verify providers are adopting suitable and proportional security measures. The government declared that the new telecommunications security legislation, designed in collaboration with the National Cyber Security Centre (NCSC), will be among the toughest in the world and will provide the UK with much stronger measures. They will strengthen the UK’s cyber resilience by incorporating strong security practices into providers’ long-term investment…

Telecom News

Google blocked the largest web DDoS to date

By Aiste Kryzanovske August 23, 2022

According to Google Cloud, it successfully stopped the greatest distributed denial-of-service (DDoS) assault ever, which reached a peak of 46 million requests per second (rps). One Google Cloud client who was utilizing the DDoS protection service Google Cloud Armor was the target of the assault on June 1. The attackers blasted consumers’ HTTP/S Load Balancer with HTTPS requests for 69 minutes, starting with 10,000 rps and quickly scaling up to 100,000 rps until peaking at a stunning 46 million rps. The assault was notable not just for its surprisingly enormous level of traffic, but also for other factors. 5,256 source IPs from 132 different countries participated in the assault. According to Google, it is the largest ever attack at Layer 7, which refers to the applications top layer in the Internet’s OSI model. The assault on Google’s client was nearly twice as large as a June HTTPS…

Telecom News

Singtel invests $100M to boost Innov8

By Aiste Kryzanovske August 4, 2022

Singtel has announced an additional US$100 million investment in Singtel Innov8, its corporate venture arm, in order to cultivate businesses with technology matched with the telco’s own priorities. The funds will also diversify their investments across regional and global markets. The most recent cash infusion brings the Singapore carrier’s total investment in Innov8, which was founded in 2010, to $350 million. According to a statement released by Singtel on Tuesday, the VC arm has since invested in more than 95 companies, and has enjoyed 35 exits, four of which were unicorns. Innov8 made investments in companies that match the group’s commercial interests, which include 5G, artificial intelligence (AI), sustainability, cybersecurity, the digital economy, and other cutting-edge technologies. The company uses an evergreen fund model of operation, reinvesting profits from portfolio sales into new assets. With this additional funding, Innov8 will diversify its investment portfolio even more, adding ventures…

Telecom News

DIDWW joins Communications Fraud Control Association to enhance telecoms risk management

By Aiste Kryzanovske July 12, 2022

DIDWW, a leading telecom operator that offers premium quality and fully compliant VoIP communications for businesses and telco carriers worldwide, has recently joined the Communications Fraud Control Association (CFCA). This membership will bring tangible benefits to the company and their customers in further strengthening protection against telecom fraud and dealing with new and emerging risks. Established in 1985, the CFCA is a non-profit international association focused on risk management, loss prevention and fraud control. With over 600 individual members, the association now includes over 115 different carriers, private network owners, end-users, law enforcement agencies, fraud management vendors and service providers from all around the world, who actively collaborate to combat and prevent communications fraud. As a member of this association, DIDWW will cooperate and network with other professionals in the industry to share their expertise and focus on the competencies needed to confront increasing fraud challenges and effectively…

Telecom News

Chinese hackers breach telecom giants around the world

By Aiste Kryzanovske July 5, 2022

Chinese government-backed hackers have attacked major telecoms businesses throughout the world in a cyber-espionage effort that has lasted at least two years and has successfully compromised at least 13 telecommunications groups. In a recent advisory, the FBI, NSA and CISA stated that hackers linked to the People’s Republic of China (PRC) had targeted and hacked major telecommunications businesses by exploiting simple and well-known network and system vulnerabilities. According to the report, Chinese espionage is often initiated with hackers surveying target networks and exploring the manufacturers, models, versions, and known vulnerabilities of routers and networking equipment using open-source scanning tools such as RouterSploit and RouterScan. The Chinese government consistently disputes charges of hacking. The statement from the American security agencies did not name the victims of the hacking, nor did it specify the extent of the damage. However, US authorities did list specific networking equipment, such as routers…

Telecom News

ESET launches telco and ISP cybersecurity offering

By Aiste Kryzanovske June 2, 2022

ESET, a multinational cybersecurity company, has introduced a new suite of solutions for the telecom and ISP industries, with the goal of providing consumers with comprehensive protection. The newly released ESET NetProtect suite provides network operators and end users with the tools they need to battle complex and evolving mobile threats. The new ESET NetProtect can safeguard consumer devices linked to telecom and ISP networks from harmful web domains or domain risks such as malware, phishing and possibly undesirable material via mobile or fixed network connections. End users may utilize the ESET NetProtect administration interface to modify their connected devices’ ESET NetProtect settings, manage their domain whitelists and blacklists, and receive security reports. These network-level solutions do not require any software installation on end-user devices because they’re compatible with every Internet-connected device, including iOS and Android, thanks to their integration into telco and ISP network services and proven…