How is Telefónica tackling cybercrime?

By , 14 February 2017 at 13:08
How is Telefónica tackling cybercrime?
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How is Telefónica tackling cybercrime?

By , 14 February 2017 at 13:08

By the Eleven Paths team

Follow @ElevenPaths updates from the RSA Conference in San Francisco to find out from 13-17 February!

Cybercrime is an industry which led to companies losing 400 billion dollars in 2015, according to Lloyd’s, the British insurance company. In an environment in which our privacy is, more than ever, exposed to external agents, security has become a key factor in the digital world. In fact, the European Union has announced the assignment of 450 million Euros within the next three years to a programme which will in turn generate investment totalling 2,000 million Euros.

Technology has evolved enormously in recent years, enabling users and companies to enjoy a new generation of services. Where there was once static content generated by companies and large media outlets to be consumed by users, we now come across participatory platforms by means of which a message instantly reaches millions of users. Individuals create as much as or more content than institutions and, on many occasions, they provide information before the media themselves. But this also means the same technology can be used for criminal purposes. Large companies have increasingly been affected by cyber attacks, serious information leaks and cyber activism against their corporate image. These attacks go unnoticed for months until they are discovered, the average time a company takes to become aware of a cyber attack is on average 205 days, with 46 days required to reach a solution.

Companies with a strong presence on the internet are more exposed to their information being leaked, their brands being used for other purposes and being libelled on social networks. Therefore, it is important to know what is happening in cyberspace, and why, in order to prevent cyber threats. A phishing campaign is a common way of obtaining credentials and then inflicting greater damage, such as the theft of an individual’s bank credentials or the stealing of a company’s confidential documentation. One example of the above is the “Celebgate” case, in which a phishing campaign on iCloud allowed the attackers to obtain the victims’ Apple ID credentials, by means of which they accessed the contents of iPhones and then posted private photos on the internet.

The RSA Conference 2017 held from 13 to 17 February in San Francisco will bring together the global leaders in information security. ElevenPaths will be in attendance to show its cutting-edge threat detection solutions, combining a holistic view of the customer’s internal security and early detection of the risks lurking in cyberspace. Follow @ElevenPaths to find more about our solutions – download the twitter schedule here.

ElevenPaths delivers soGiven these types of threats, there exist cybersecurity solutions on the market focusing on anticipation, detection and response. These will be put on display by the leading players in the sector at RSA Conference 2017, the event to be held from 13 to 17 February in San Francisco which will bring together the trailblazers in information security. The Spanish company ElevenPaths, Telefónica’s cybersecurity unit, will take part in this global IT security event, showing those who come to its stand its cutting-edge threat detection solutions, combining a holistic view of the customer’s internal security and early detection of the risks lurking in cyberspace.

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