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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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FIX Network to provide non-hackable 2FA solutions for secure authentication

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FIX Network, an innovative technology company from Vilnius, Lithuania, has developed a new two-factor authentication (2FA) SIM card and app for protecting mobile data and digital identities. The ultimate goal of the company is to provide comprehensive blockchain-based solutions for mobile devices, enabling subscribers to secure their digital assets and identities by safekeeping private keys on their SIM cards. However, due to the urgent and immediate requirement of securing phone numbers – which may be considered to be the most valuable digital identities – FIX Network will provide a free-to-use 2FA application, together with newly issued and truly subscriber-owned phone numbers that will serve as secure and global digital identities. These numbers will be fully controlled by the subscriber, preventing unauthorized porting or malicious hijacking of the phone number. This 2FA solution will also include the practical ability to recover access to digital identities through user-defined policies that include…

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ZTE unveils its first cybersecurity lab to demonstrate transparency

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The Chinese telecommunications, enterprise and consumer technology and equipment provider ZTE Corporation has launched its first domestic cybersecurity lab in Nanjing, China, thus confirming its commitment to the ICT industry to counter cybersecurity threats. The company is also planning to expand across the globe with similar facilities in the near future, with the first installations being in Italy and Belgium. According to a statement by ZTE, the opening of a new lab represents an important milestone for the company as it aims to increase transparency and enhance trust with third parties, including customers, global regulators and other stakeholders. This initiative is in direct response to the national security concerns that are prompting several countries to apply restrictions on the use of equipment from Chinese vendors in 5G rollouts. Zhong Hong, Chief Security Officer at ZTE, said, “The security lab is an open and cooperative platform for the industry.…

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GSMA prompts Europe on network security and 5G competition

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The global organization representing the interests of mobile network operators, GSMA, has called for European governments to “safeguard network security and competition” in the telecommunications infrastructure industry. The association has issued a warning to Europe to refrain from activities that would obstruct the use of certain equipment necessary for 5G mobile network development. According to the GSMA, “Actions that disrupt the equipment supply for the various segments of the network (access, transport and core) will increase costs to European operators, businesses and citizens; delay 5G deployment by years across Europe and potentially also jeopardise the functioning of existing 4G networks upon which 5G is intended to be built.” Although no specific company names are mentioned in the statement, the GSMA initiative highlights the industry’s significant endeavor to prevent the application of additional sanctions, similar to those announced by the United States and Australian governments on Chinese vendors Huawei…

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FIX Network will store Private Keys on SIM Cards and use Blockchain to secure our digital lives

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We are rapidly evolving into a digital and decentralized society, where private keys on mobile devices will play a critical and indispensable role in ensuring the safety of our daily transactions and securing our digital identities. FIX Network are aiming to revolutionize the blockchain and cellular industries by providing mobile device users with innovative key holder and transaction security, coupled with a practical user experience. The underlying technology for securing the user’s private keys are the SIM cards used by mobile operators, enabled by the FIX Network open-source STK residing on those SIM cards. This standard SIM hardware, together with blockchain- powered, distributed policy engines that govern end-user transactions, form the architectural backbone of the FIX Network security solution. This solution introduces the concept of a pool of SIM cards, enhancing security, and at the same time, eliminating the possibility of a single point of failure. Multiple SIM…

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World Wide Web inventor wants a new contract for the Internet

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Tim Berners-Lee, the tech pioneer who invented the World Wide Web back in 1989, revealed his plans for a contract to ensure that the Internet is safe and accessible to everyone. Speaking at the Web Summit 2018 in Portugal, the British tech genius recounted how he envisaged the Internet as being a platform for sharing information, but the current use of the Internet has digressed from the initial vision that its founders had in mind almost 30 years ago. “All kinds of things have gone wrong. We have fake news, we have problems with privacy, we have people being profiled and manipulated,” expressed Berners-Lee with concern. The tech pioneer has invited governments, companies and citizens to fight against hate and negativity, breach of privacy and political manipulations on the Internet by creating a complete “Contract for the Web” by May 2019, the date by which half of the…

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ICO issues a £500,000 fine to Facebook for data breaches

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The UK’s Information Commissioner’s Office (ICO) has issued Facebook a penalty notice requiring the payment of £500,000 due to “a very serious data incident”. The fine is the maximum that can be imposed under the United Kingdom’s Data Protection Act 1998, which was the ruling document when the incidents occurred. “We considered these contraventions to be so serious we imposed the maximum penalty under the previous legislation. The fine would inevitably have been significantly higher under the GDPR. One of our main motivations for taking enforcement action is to drive meaningful change in how organisations handle people’s personal data,” commented the UK’s Information Commissioner, Elizabeth Denham. The data breach incidents occurred between 2007 and 2014, when Facebook failed to properly monitor the developers using the Facebook platform to build apps, and allowed them access to user information without clear consent. This particular case concerned Aleksandr Kogan and his…

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Five-Eyes Nations request a backdoor to encrypted information

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After last week’s summit in Australia, the Five-Eyes Governments, which include the United States, the United Kingdom, Canada, Australia and New Zealand, issued a statement calling on the technology industry to willingly provide access to encrypted information. While encryption is by far the safest way for private information to travel between the sender and receiver, the Five-Eyes group argue that it can also be “used by criminals, including child sex offenders, terrorists and organized crime groups to frustrate investigations and avoid detection and prosecution.”  Even though the debate of privacy versus security when it comes to data encryption is not a new one, many cybersecurity experts still claim that there is no safe way to provide authorities with a backdoor access to decoded information without introducing vulnerabilities that may be exploited by hackers. Despite this argument, the alliance is pushing technology providers to “create customized solutions, tailored to their individual…

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What is a VPN and why do you need it?

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While the storm caused by the GDPR coming into force on May 25th is quieting down, people are still concerned about the protection of their personal data, and privacy in general. In the current environment, the use of the word VPN is commonplace, yet not everyone understands this term and what it has to do with security. voip.review will provide some basic insights into VPNs. Simply put, the abbreviation VPN stands for Virtual Private Network, a connection method that helps users maintain security while connecting to another network over the Internet. The original idea for creating a VPN was to secure the private network of large corporations, where branch offices and employees need to connect to the network from remote locations. While connecting to the corporate network via cables installed in a local office is relatively safe, connecting to this private network through public networks can introduce security…

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Warning about security breach in VoIP services

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Security researchers from Rapid7 have found a large number of insecure UDP Internet services in Germany, which are used for VoIP. The researchers found nearly six million exposed SIP services on port 5060 / UPD, more than any other country in the world. The Session Initiation Protocol (SIP) is used to establish a communication session in Internet telephony and is particularly difficult to secure. Only encrypted SIP (SIP-TLS on port 5061 / TCP) provides adequate protection against active and passive eavesdropping and toll fraud, but plain text SIP is still widely used in Germany. This is demonstrated by Rapid7’s new National Exposure Index, an annual ranking that examines the extent to which countries around the world are at risk of active cyber attacks. For the study, Rapid7s security researchers scoured the entire Internet for TCP / IP services that, for example, are not secured with modern encryption methods or offer…

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