Sprint claims recent data breach will not cause risk to fraud or identify theft but the compromised customer information could lead to SIM swap attacks and allow attackers to take over victim’s accounts.
Exclusion of Huawei from U.S. market is a distraction from addressing cyber threats in 5G networks where much greater number of connected devices could be subjected to attacks.
Cybereason recently exposed a multi-year cyber espionage operation carried out by Chinese hackers where they follow their targets moving from country to country by hopping from one breached network to another.
IoT market pushed by 5G connection is expected to grow fast and occupy $6.285 billion by 2025, the next shift will be to move users towards edge computing with devices getting stronger and cheaper to produce.
Newly leaked internal document suggests that Facebook data sharing program with U.S. top mobile carriers may be highly extensive and intrusive.
5G technology plus 74 billion IoT devices estimated by 2025, it’s no surprise that IoT security is one of the top concerns keeping many executives up at night.
Huawei has made “no material progress” on addressing Huawei cybersecurity flaws discovered a year ago. Recent HCSEC study shows Huawei cybersecurity practices are untrustworthy and present high risk to the UK for large 5G network build-outs.
Since 5G is not simply a faster version of 4G, but rather, an entirely new network architecture, it opens the door to entirely new security models for user privacy, identity management, and threat detection.
Though the company is coming off of its best year ever, Huawei cyber security is set for a big boost in 2019 to allay concerns in Western countries about the security of their hardware.
SIM swap scams are increasingly profitable for criminals with the growing dependence on phone-based authentication and mobile wallets storing cryptocurrencies. Are mobile carriers doing enough to prevent SIM swap fraud?
