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Cybersecurity

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In a strategic overhaul, Singtel has sold its cybersecurity subsidiary, Trustwave, to MC2 Titanium in a $205 million transaction. The sale, which was on the lower end of predicted ranges, marks a significant loss on Singtel’s initial investment. This action is part of Singtel’s wider initiative to optimize resources and improve shareholder value by centring its focus on 5G and other digital services. This story brings a further glimpse into Singtel’s resculpting journey, with the effectiveness of this asset divestiture strategy awaiting a verdict in upcoming fiscal reports.

IONOS and Vodia have teamed up to provide a seamless cloud communications solution. Singaporean SMBs face a surge in cyberattacks, urging them to implement basic cybersecurity measures. Microsoft is launching a significant Windows 11 update featuring AI-driven Windows Copilot and enhanced features. Evolve IP focuses on making the future of work better through cutting-edge cloud collaboration technologies and emphasizes sustainability with fully carbon-neutral EMEA offices.

EdgeCore Digital Infrastructure has partnered with Zayo to enhance connectivity at its Santa Clara data center. Meanwhile, a US-led operation dismantled the Qakbot malware network, preventing further infections and seizing $8.6 million in cryptocurrency. Global roaming fraud is projected to cost $8 billion by 2028. KDDI and SpaceX plan to launch satellite-to-cellular services in Japan by 2024, bridging connectivity gaps in remote areas beyond 5G and 4G coverage.

In an unprecedented move, China has taken decisive action against personal data breaches, closing a staggering number of cases while also unveiling draft laws to regulate facial recognition technology. Over the past three years, Chinese law enforcement has effectively shut down 36,000 instances of personal data violations, leading to the detention of 64,000 suspects, as per the Ministry of Public Security. These efforts are part of a broader initiative launched in 2020 to govern online activities, resulting in the seizure of more than 30 million SIM cards and 300 million “illegal” internet accounts.

Cybersecurity landscape has been rapidly changing, as hackers abandon phishing for exploiting software vulnerabilities, a trend illuminated in a study by Akamai. The study revealed a dramatic 143% increase in victims during Q1, predominantly due to surging incidents of zero-day and one-day vulnerabilities. Surprisingly, smaller organizations, particularly those within manufacturing, business services, retail, construction, and education sectors are often targeted.

Spectrum Enterprise, a division of Charter Communications, Inc., has recently inked a multi-year contract with the State of Wisconsin Department of Administration. The agreement will grant state agencies, municipalities, and educational institutions access to Spectrum Enterprise’s diverse portfolio of network, internet connectivity, and cybersecurity solutions. This move aims to streamline technology services procurement, fostering connectivity among employees and citizens and ensuring seamless digital operations.

Vonage, a leading global provider of cloud communications solutions for businesses’ digital transformation, has introduced the Vonage Protection Suite, a comprehensive lineup of counter-fraud products and solutions aimed at safeguarding against the ever-evolving threats of online fraud and cyberattacks. The suite empowers developers and businesses to create robust counter-fraud measures, offering a unique level of customer control in managing communications.