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Telecom sector in the midst of Covid-19

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The outbreak of the Covid-19 pandemic has impacted industries and businesses all across the globe and has brought the world economy to a halt, with millions of people placed under lockdown. With most of society working and studying from home, the need for technology has increased considerably, and the significant rise in the use of digital tools during social distancing has put the telecommunications sector at the forefront in facilitating the situation. What kind of impact has Covid-19 had on the telecom sector? Now that the global supply chain has been thrown into chaos and the work-from-home concept has become the “new normal“, the need of remote communication has risen significantly so as to ensure business continuity. The telecommunication sector is witnessing significantly higher demands, as they play a key role in facilitating the connectivity required by customers implementing these essential digital tools . Rise of demand for Telco services…

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Telecom News

A quick roundup of the news in Telecoms | Week #31

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Deutsche Telekom hits 50% 5G population coverage Deutsche Telekom, the largest German telecommunications company, has expanded its 5G connectivity to 3,000 towns across all German states. A total of 18,000 antennas, out of the 30,000 already installed, have been upgraded to support 5G services in the last 5 weeks, and as a result, 50% of Germany‘s population now has 5G coverage. Walter Goldenits, Head of Technology, commented: “The 50 percent is no reason for us to rest on our laurels. The 5G rollout continues with the same intensity. Two thirds of the population are our next target. And we want to achieve this too this year.” Read more at https://tinyurl.com/y4z6fd2m Google Cloud and Orange announce their collaboration Google Cloud and Orange announced that they are partnering up for data, AI and edge computing development. The two companies plan on transforming Orange’s IT infrastructure, developing future cloud services, improving operational efficiency…

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Telecom News

A quick roundup of the news in Telecoms | Week #27

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Australia to invest a record A$1.35bn in cybersecurity The Australian government has announced an AUS USD 1.35 billion program to combat the rise in cybersecurity threats that have intensified in recent months. This initiative, named the Cyber Enhanced Situational Awareness and Response (CESAR) package, will seek to identify more threats, fight foreign cybercriminals and build stronger partnerships within the industry. The nation’s largest ever investment in cybersecurity will supercharge the Australian Signals Directorate (ASD) and the Australian Cyber Security Centre. Prime Minister Scott Morrison said, “My government’s record investment in our nation’s cyber security will help ensure we have the tools and capabilities we need to fight back and keep Australians safe.” Read more at https://tinyurl.com/ya8q3xsl India has banned TikTok, WeChat, and other China-based apps The Indian government has banned 59 Chinese-made apps, including TikTok and WeChat, over concerns that “they are engaged in activities which are prejudicial to sovereignty…

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Telecom News

Reinvent Telecom enhances security for real-time business VoIP services

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US-based Reinvent Telecom, a wholly-owned subsidiary of Saddleback Communications operating a private-label communications platform as a service (CPaaS), has enhanced the security for its real-time business VoIP, video, unified communications (UC) and collaboration services. The company has now deployed carrier-grade VoIP/SIP security, threat intelligence analytics and fraud-detection technology in cooperation with RedShift Networks, a global leader in cybersecurity solutions for communications service providers. Reinvent Telecom provides the ability for its wholesale partners to deliver secure, reliable and high-quality Unified Communications as a Service (UCaaS), conferencing and collaboration, Contact Center as a Service (CCaaS) and SIP trunking services. Bill Bryant, President at Reinvent Telecom, said, “At Reinvent, we understand that today’s VoIP networks are as vulnerable to cyberattacks as data networks. That’s why we’re doubling down on network security to give our partners and their customers the protection – and peace of mind – they deserve.” The wholesale UCaaS provider…

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Telecom News

World Economic Forum and ISPs lay out new Internet security principles

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The World Economic Forum Centre for Cybersecurity, in cooperation with leading Internet service providers (ISPs) and multilateral organizations around the world, have developed new Internet security principles to help protect up to one billion consumers in 180 countries. According to the World Economic Forum’s Global Risks Report 2019, the impact of indiscriminate malicious activity on the Internet can be significant and will carry an estimated global price tag of USD 6 trillion in 2021. The new cybersecurity principles have been endorsed by BT, Deutsche Telekom, Du Telecom, Global Cyber Alliance, Korea Telecom, Proximus, Saudi Telecom, Europol, Singtel, Telstra, Internet Society, and the ITU. It is stated that ISPs are a critical community that have the ability to protect consumers against cybersecurity threats and therefore have a significantly positive impact on their safety. Amy Jordan, Delivery Lead, Platform for Shaping the Future of Cybersecurity and Digital Trust, World Economic Forum, said, “Cybersecurity…

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Telecom News

A quick roundup of the news in Telecoms | Week #48

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Telefonica launches Tech and Infra units amid Latam spin-off Spain’s telecom giant Telefonica has announced a major organisational restructuring after a meeting of its board of directors. The company’s chairman and CEO Jose Maria Alvarez-Pallete has introduced a new bold strategy to spin off company assets and prepare for industry 4.0. With its 5-point plan, Telefonica aims to generate more than EUR 2 billion a year in additional revenues from 2022, by prioritising its four key markets of Spain, Brazil, the UK and Germany and carrying out an “operational spin-off” of its Latin American business. The company will also set up a subsidiary for its cloud, cybersecurity and IoT businesses called Telefonica Tech and another for its infrastructure assets, Telefonica Infra. Read more at: https://tinyurl.com/wjkobwc AT&T and Microsoft launch edge computing network Microsoft and AT&T have integrated 5G with Azure to launch their new Network Edge Compute (NEC) service for…

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Telecom News

FIX Network is the first to sign a Bitcoin message over the cellular network

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FIX Network has announced a significant achievement towards their goal of securing transactions and private keys on SIM cards.  As an innovative joint venture made of leading teams in telecoms, cybersecurity and blockchain, FIX Network will leverage the existing cellular infrastructure by defining and implementing a new blockchain-based security protocol. According to the announcement, the FIX Network Security Protocol will ensure the security and safety of private keys used by applications on mobile devices, and will provide a trusted environment for protecting a customer’s digital identities and digital assets. A significant innovation by the company is the storage of private keys on the subscriber’s SIM card, and the execution of cryptographic operations on that SIM card using applets. FIX Network emphasized that the private keys are never exposed to the mobile device or to a public network, thus enhancing security of the stored Digital Identities and other digital assets such…

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Telecom News

BlackBerry unveils its new cybersecurity R&D lab

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Based in Waterloo, Ontario, the enterprise security software and services company BlackBerry Limited has announced the launch of BlackBerry Advanced Technology Development Labs (BlackBerry Labs). The company’s new business unit will be focusing on research and development (R&D) in the cybersecurity space, using artificial intelligence (AI) and machine learning. According to a statement, BlackBerry chief technology officer (CTO) Charles Eagan will lead this initiative, which will include a team of over 120 software developers, researchers, system architects, product lead and security experts. These communications professionals will work together to identify, explore and create new technologies to ensure BlackBerry is on the cutting edge of security innovation. The company stated that the initial projects from BlackBerry Labs will focus on machine learning approaches to security, in partnership with BlackBerry’s existing Cylance, Enterprise and QNX business units. “The establishment of BlackBerry Labs is the latest in a series of strategic moves…

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Telecom News

Trinity Cyber obtains millions in funds for a new cybersecurity approach

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Trinity Cyber, a Bowie, Maryland-based cybersecurity services and solutions startup, has announced the completion of a $23 million funding round led by Intel Capital and other top institutional investors. The company claims that it is taking an entirely new approach to cybersecurity and, with the help of its new technology known as Proactive Threat Interference, is able to “proactively intercept and control cyberattacks” before they even reach the target’s network, thus “reducing risk and increasing cost to adversaries.” Steve Ryan, CEO of Trinity Cyber, said, “This investment by Intel Capital and other strategic backers is significant. I co-founded Trinity Cyber to transform the way the world addresses the cyber problem. No one is doing what Trinity Cyber is doing. No one else can. We make the adversary fail, and we feel this strategic support validates the elegance of our solution.” “As cyberattacks become more sophisticated, technology to counter…

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Telecom News

NowSecure raises $15 million to power up its mobile security software

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NowSecure, a Chicago-based mobile security startup that helps businesses test the safety of their applications, has raised USD 15 million in a Series B round led by ForgePoint Capital, a fund that invests exclusively in cybersecurity companies. As a result of this round, the total amount of NowSecure funding to date is USD 27 million. The funding comes as cybersecurity threats remain a constant and high priority issue for businesses, and NowSecure said it will use this money to accelerate the development of its security testing products and scale operations. NowSecure CEO Alan Snyder said, “Every business is becoming mobile first; yet millions of people are using apps on a daily basis that have major security and privacy issues. NowSecure is addressing this fundamental, global-scale problem that puts businesses and consumers at direct risk. We’re thrilled to be working with ForgePoint Capital to grow our business and empower mobile app…

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