Wholesale provider BICS has teamed up with POST Luxembourg's cybersecurity team, POST Cyberforce, to launch a solution to help mobile operators better secure network infrastructure.
The solution includes a network vulnerability assessment and an intrusion detection system.
As well as providing an additional layer of security for operators’ networks, the partners say the offering will significantly enhance security for IoT devices.
Telecoms fraud cost the industry €29 billion in 2019, according to a report from the European Union’s law enforcement agency, Europol, and cybersecurity firm Trend Micro. Cyber-attack attempts against telcos are also increasing and becoming more sophisticated. Threats include subscriber tracking, call and SMS interception and distributed denial-of-service (DDoS).
New opportunities, new threats
“The combination of POST Luxembourg’s and BICS’ technology and expertise will provide operators with vital intelligence, a suite of proactive and defensive capabilities and unmatched visibility, marking a major step forward in the fight against cyber-crime,” said Mohamed Ourdane, Chief Security Officer, POST Luxembourg.
Jorn Vercamert, VP Communications Solutions at BICS, added, “Security is a fundamental requirement for our digital economy, and as operators diversify into new markets and look to drive revenue from areas such as A2P messaging and the IoT, securing their networks will become even more critical.
“We’re proud to be working with POST Luxembourg and its dedicated team, POST Cyberforce, to tackle this pressing issue and enable service providers to enhance security for subscribers and businesses on a global scale.”