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Major Cyber Attack Paralyzes Kyivstar - Ukraine's Largest Telecom Operator

Major Cyber Attack Paralyzes Kyivstar - Ukraine's Largest Telecom Operator

Dec 13, 2023 Cyber Attack / Geopolitics
Ukraine's biggest telecom operator Kyivstar has  become  the victim of a " powerful hacker attack ," disrupting customer access to mobile and internet services. "The cyberattack on Ukraine's #Kyivstar telecoms operator has impacted all regions of the country with high impact to the capital, metrics show, with knock-on impacts reported to air raid alert network and banking sector as work continues to restore connectivity," NetBlocks  said  in a series of posts on X (formerly Twitter). Kyivstar, which is owned by Dutch-domiciled multinational telecommunication services company VEON,  serves  nearly 25 million mobile subscribers and more than 1 million home internet customers. The company said the attack was "a result of" the war with Russia and that it has notified law enforcement and special state services. While Kyivstar is working to restore the services, the internet watchdog noted that the telco is largely offline. That said, Kyivstar has yet t
Why Telecoms Struggle with SaaS Security

Why Telecoms Struggle with SaaS Security

May 02, 2023 SaaS Security
The telecom industry has always been a tantalizing target for cybercriminals. The combination of interconnected networks, customer data, and sensitive information allows cybercriminals to inflict maximum damage through minimal effort. It's the breaches in telecom companies that tend to have a seismic impact and far-reaching implications — in addition to reputational damage, which can be difficult to measure, telecoms are often at the receiving end of government fines for their cybersecurity and privacy failures. There are few industries in the world that collect as much sensitive data as telecom companies. In recent years, telecom companies have accelerated their digital transformation, shedding legacy systems and reducing costs. These changes, coupled with the need for stronger collaboration with third-party vendors, have led them to SaaS applications to handle their CRM. Today, telecoms are using SaaS apps for billing, HR, call management, field operations management, tracking ca
GenAI: A New Headache for SaaS Security Teams

GenAI: A New Headache for SaaS Security Teams

Apr 17, 2024SaaS Security / AI Governance
The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo
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