Security News
The goal of the survey is to better understand how DPI, a technology that identifies and details network traffic, is used by telecommunications and cybersecurity solution vendors today, and what they need from DPI in the future. They show that telecom and security vendors and their customers are facing rapid changes as the cloud transformation, 5G networking, work from home practices, and the IoT have a profound effect on network users, devices, and services.
Globe Telecom has entered into an agreement to acquire substantially all of the assets of US-based Cloud Consulting Companies, Cascadeo Corporation and Cascadeo Partners for US $4M. Globe shall incorporate new entities through which the acquisition will be made. "The joint venture with Cascadeo will further strengthen our ability to invent, innovate, and experiment," said Globe President and CEO, Ernest Cu. "We will be leveraging on Cascadeo's Cloud-Native Consulting and Managed Services capabilities to further solidify our credibility as a cloud solutions provider for enterprises and small and medium business customers who are ready to digitally transform."
The United States threatened Thursday to cut off Beijing-controlled China Telecom from serving the US market because of legal and security risks, the Justice Department announced Thursday. The agencies making the recommendation - which also included the Justice Department, the Commerce Department, and the US Trade Representative - said China Telecom is vulnerable to "Exploitation, influence and control" by the Chinese government.
Service providers and telecom carriers form the backbone of communications and commerce in modern economies. Data from F5 Labs shows that over the past few years DDoS and brute force attacks are the most common vectors for the service provider industry, both when the customer was the ultimate target and when the service provider was.
A recently discovered TrickBot variant targeting telecommunications organizations in the United States and Hong Kong includes a module for remote desktop protocol brute-forcing, Bitdefender reports. Now, its operators apparently added a new rdpScanDll module to the threat, to brute-force RDP for a specific list of victims.
President Donald Trump on Thursday signed into law a bill that provides $1 billion to help small telecom providers replace equipment made by China's Huawei and ZTE. The U.S. government considers the Chinese companies a security risk and has pushed its allies not to use Huawei equipment in next-generation cellular networks, known as 5G. Both companies have denied that China uses their products for spying. The Federal Communications Commission has already voted to bar U.S. phone companies from using government subsidies for equipment from the two Chinese companies.
Threat actors linked to China increasingly targeted the telecommunications sector in 2019, according to endpoint security firm CrowdStrike. In the case of the telecom sector, many of the attacks were attributed to China-linked hacker groups, including the ones tracked as Wicked Panda, Emissary Panda, and Lotus Panda.
US regulators moved to impose fines Friday against the nation's four major wireless carriers for selling location data of customers without their consent. The wireless firms were accused of having disclosed mobile network user location data to a third party without authorization from customers, the FCC said.
$11 Million Fine for Authentication Shortcomings at Telecommunications ProviderOne of the largest fines to date for violating the EU's General Data Protection Regulation has been announced by...
$11 Million Fine for Authentication Shortcomings at Telecommunications ProviderOne of the largest fines to date for breaching the EU's General Data Protection Regulation has been announced by...