Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Telecom

Sophos Boosts Intercept X for Server with Endpoint Detection and Response to Help Businesses Battle New Cyberattacks

Published

on

Kindly share this post

Sophos a global leader in network and endpoint security, on monday announced Intercept X for Server with Endpoint Detection and Response (EDR).

By adding EDR to Intercept X for Server, IT managers can investigate cyberattacks against servers, a sought-after target due to the high value of data stored there.

Cybercriminals frequently evolve their methods and are now blending automation and human hacking skills to successfully carry out attacks on servers.

This new type of blended attack combines the use of bots to identify potential victims with active adversaries making decisions about who and how to attack.

The SophosLabs Uncut article, Worms Deliver Cryptomining Malware to Web Servers, underscores how easy it is for cybercriminals to leverage bots to discover soft targets. The report explains an automated attack that can deliver a wide range of malicious code to servers that, as a class, tend to lag behind normal update cycles.

Anatomy of a Blended Cyberattack

Once the bots identify potential targets, cybercriminals use their savvy to select victims based on an organization’s scope of sensitive data or intellectual property, ability to pay a large ransom, or access to other servers and networks.

The final steps are cerebral and manual: break in, evade detection and move laterally to complete the mission.

This could be to quietly sneak around to steal intelligence and exit unnoticed, disable backups and encrypt servers to demand high-roller ransoms, or use servers as launch pads to attack other companies.

“Blended cyberattacks, once a page in the playbook of nation state attackers, are now becoming regular practice for everyday cybercriminals because they are profitable.

Dan Schiappa, chief product officer, Sophos. Said the difference is that nation state attackers tend to persist inside networks for long lengths of time whereas common cybercriminals are after quick-hit money making opportunities,”

“Most malware is now automated, so it’s easy for attackers to find organizations with weak security postures, evaluate their payday potential, and use hand-to-keyboard hacking techniques to do as much damage as possible.”

Sophos explains how blended cyberattacks work in this video, Intercept X for Server with Endpoint Detection and Response (EDR).

Sophos Intercept X for Server with EDR

With Sophos Intercept X for Server with EDR, IT managers at businesses of all sizes now have visibility across an entire estate.

This allows them to proactively detect stealthy attacks, better understand the impact of a security incident and quickly visualize the full attack history.

“When adversaries break into a network, they head straight for the server. Unfortunately, the mission critical nature of servers restrains many organizations from making changes, often significantly delaying patch deployment. Cybercriminals are counting on this window of opportunity.

“If organizations do fall victim to an attack, they need to know the full context of what devices and servers were hit in order to improve security as well as answer questions based on stricter regulatory laws. Knowing this information accurately the first time can help businesses resolve issues much faster and prevent them from a repeat data breach.

“If regulators rely on digital forensics as evidence of lost data, then businesses can rely on the same forensics to demonstrate their data has not been stolen. Sophos Intercept X for Server with EDR provides this required insight and security intelligence,” said Schiappa.

Sophos Intercept X for Server with EDR expands Sophos’ offering of EDR, which was first announced for endpoints in October 2018. Sophos EDR is powered by deep learning technology for more extensive malware discovery.

Sophos’ deep learning neural network is trained on hundreds of millions of samples to look for suspicious attributes of malicious code to detect never-before-seen threats.

It provides broad, expert analysis of potential attacks by comparing the DNA of suspicious files against the malware samples already categorized in SophosLabs.

“Our research shows that concerns about security and skills shortages are top of mind with IT and security leadership at many organizations,” said Fernando Montenegro, senior industry analyst at 451 Research.

“With cyber threats coming from multiple vectors and at a constant rate, businesses can’t afford to have a gap in their visibility.

“We believe that, as security teams look for opportunities to enhance their protection, bringing together EDR features and visibility across endpoints and servers is a positive step towards greater efficiency.”

With Sophos’ EDR feature, IT managers also have on-demand access to curated intelligence from SophosLabs, guided investigations into suspicious events, and recommended next steps.

To maintain full visibility into the threat landscape, SophosLabs tracks, deconstructs and analyzes 400,000 unique and previously unseen malware attacks each day.

“Our customers use Sophos Intercept X with EDR for their endpoints, and the feedback we’ve had is that Sophos’ EDR is easy to implement, easy to use and easy to manage.

“This reduces the skills needed to manage EDR and makes our customers much more effective at their protecting servers, a critical factor considering the high rate of attacks there,” said Sam Heard, president of Data Integrity Services, a Sophos partner in Lakeland, Fla. With EDR for servers, Sophos is building upon its industry leading Intercept X endpoint protection.

“Sophos is also the only vendor to bring all of its security products together on one cloud-based management platform, Sophos Central, and connect its endpoint and network protection through Synchronized Security. Adding EDR for servers is yet another key industry advancement that will protect our customers.”

Pricing and availability details are available from Sophos partners worldwide.


Kindly share this post

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Telecom

Telcos Worry over Possible 5 Percent Tax Return

Published

on

Kindly share this post

Nigeria may bring back a 5per cent excise tax on telecom services, according to the 2024 Finance Bill passed by the Senate last week.

Telcos Worry over Possible 5 Percent Tax Return

Gbenga Adebayo, chairman, ALTON

The tax would apply to data transmission and voice calls.

First introduced in 2020 under the Mohammadu Buhari administration to widen the tax base, the measure was suspended in 2023 by President Bola Tinubu due to rising inflation.

With the budget under pressure, the government is now considering reinstating it.

Telecom operators warn that the tax would raise service costs and make it harder to close Nigeria’s digital divide, which still leaves more than 40% of the population without internet access.

Gbenga Adebayo, chairman, Association of Licensed Telecoms Operators of Nigeria (ALTON), said the proposal lacks detail and would increase the financial burden on users.

“We’ve had no clarity on how the 5% tax would be implemented, but the burden will fall on the consumer.  Telecoms should be treated as a social good, not taxed like luxury items. No one taxes telecoms like this in countries where infrastructure is taken seriously,” he said.

ALTON also noted that operators are already subject to 54 different taxes nationwide.

The Nigerian Communications Commission (NCC) has not yet received the official version of the bill for review.


Kindly share this post
Continue Reading

Telecom

GSMA Urges Governments to Prioritise Affordable Spectrum Costs to Support Global Digital Growth

Published

on

Kindly share this post

The GSMA released its latest ‘Global Spectrum Pricing Report’, highlighting that average spectrum prices have not reduced in line with operator revenues over the last decade — putting significant pressure on their ability to invest in essential network infrastructure.

The report shows that, whilst both consumer prices for mobile services and the average cost of spectrum have fallen, the overall cost burden on mobile network operators (MNOs) has actually risen sharply. Global cumulative spectrum costs now account for 7% of operator revenues, a 63% increase over the past ten years.

Meanwhile, the average revenue generated per megahertz (MHz) of spectrum has declined by 60% over the same period. Although costs per MHz have fallen by up to 75% in some bands since 2014, operators have increased spectrum holdings by 80% over the same period to cope with bandwidth demand, driving up the overall cost.

A gigabyte of data is far more affordable today than ten years ago, with operators experiencing a staggering 96% fall in revenue per GB between 2014 and 2024. However, these falling revenues, when combined with the proportionately high cost of acquiring spectrum, restrict operators’ ability to invest in expanding and improving mobile networks, particularly 4G and 5G. The report shows that higher spectrum costs correlate directly with lower network coverage and reduced mobile speeds, impacting consumers and slowing the development of digital economies worldwide.

Vivek Badrinath, Director General of the GSMA, said: “The mobile industry sits at the heart of the digital economy, enabling services and opportunities that transform lives. But a dollar can only be spent once, and high spectrum costs can choke investment at a time when the need for affordable, reliable connectivity has never been greater. Governments and regulators must prioritise spectrum pricing that reflects market realities and fosters long-term digital growth. By ensuring spectrum is affordable, they can unlock faster network expansion, better service quality, and greater digital inclusion for all of their citizens.”

The Global Spectrum Pricing Report also highlights that public policy choices — such as setting artificially high reserve prices, creating artificial scarcity, and attaching onerous licence obligations — have often contributed to inflated spectrum costs. In some countries, spectrum costs can reach as high as 25% of operator revenues.

The GSMA urges policymakers to adjust spectrum prices in line with current market conditions and the economic realities faced by operators. With nearly 1,000 spectrum licences set to expire worldwide by 2030, upcoming renewals present a critical opportunity to reset pricing policies to drive investment in the next generation of mobile networks.

 


Kindly share this post
Continue Reading

Telecom

Sophos Launches MSP Elevate Program to Boost MSP Growth and Profitability

Published

on

Kindly share this post

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today launched MSP Elevate, a new business-accelerating program for managed service providers (MSPs). With the new program, Sophos enables MSPs to expand their business with high-value, differentiated cybersecurity offerings that elevate their customers’ cyber defenses and rewards growth with additional investment to fuel further success.

With the increasing complexity and sophistication of today’s cyberattacks, organizations are increasingly turning to MSPs for 24/7, human-led monitoring and management of their cybersecurity environments. This has made Managed Detection and Response (MDR) a major focus for MSPs with 81% currently offering a MDR service, according to the Sophos MSP Perspectives 2024 report.

MSP Elevate helps MSPs to differentiate themselves as a high-value provider to customers by delivering unique business-enhancing benefits, including an exclusive high-value Sophos MDR service offering.

Managing multiple cybersecurity platforms is a major overhead for MSPs and consumes valuable billable hours. MSPs estimate that consolidating on a single platform would slash their day-to-day management time by 48%.

MSP Elevate includes Network-in-a-Box bundles that enable MSPs to manage the full network stack through the unified Sophos Central platform, freeing-up staff for business generation activities.

Furthermore, the single biggest perceived risk to MSP’s businesses is the shortage of in-house cybersecurity expertise.

Sophos’ network solutions respond automatically to threats across the customer environment, enabling MSPs to elevate their customers’ defenses without adding workload.

“MSP Elevate is the first of many business-driving MSP programs following the powerhouse union of Sophos and Secureworks,” said Chris Bell, senior vice president of global channel, alliances and corporate development.

“As a channel-first organization that defends more than 250,000 customers of MSPs, we are constantly looking for opportunities to reward our partners and invest in their success when they grow their business with us.

“MSP Elevate fuels long-term growth for our partners by providing MSPs with exclusive solution access, discounts, rebates and training to deliver the best possible value to customers.”

Sophos MSP Elevate program benefits include:

· Exclusive Access to the Sophos MDR Bundle for MSP: Includes access to Sophos MDR Complete premium service tier with 24/7 incident response, 1 year data retention, Sophos Network Detection and Response (NDR), and all Sophos integration packs, enabling defenders to leverage all available telemetry from across the customer environment to accelerate threat detection and response.

· Simplified Sales Process: Speeds up time to deployment and reduces MSP overhead. With the new MDR Bundle for MSP, partners can quickly and easily allocate a single SKU to the customer for all their current and future MDR needs.

· Discounted Network-in-a-Box Hardware Bundle: Access to Sophos’ advanced network security solutions, including Sophos Firewall, Sophos Switch and Sophos Wireless Access Points at a significant discount. These products work together to automate threat response and are managed through Sophos Central.

· Growth-Based Rebates: As part of our commitment to grow with and invest in our partners, the program will recognize and reward MSPs that increase their Sophos MSP monthly billings.

· Architect-Level Training Courses: Equip MSPs to increase their in-house services delivery capabilities with trainings on Sophos Endpoint and Sophos Firewall.

· Invite-Only Access to Sophos Summits: Gain exclusive access to hands-on training and enablement, Ask the Experts sessions, attend exclusive Sophos events and meet with Sophos executive leadership to influence the Sophos roadmap and MSP strategy.

· Future benefits: Introduction of new program benefits to increase MSP’s profitability, customer defenses and overall value as a service provider.

“MSP Elevate enables MSPs to quickly deploy a comprehensive MDR service that eliminates blind spots by leveraging all available telemetry from across the customers’ environment,” said Raja Patel, chief product officer, Sophos. “This enhanced visibility accelerates threat detection and response while delivering improved return for customers on their existing technology investments. Furthermore, the service adapts seamlessly as the technology environment evolves over time, future-proofing customers’ defenses and providing both commercial and cybersecurity peace of mind.”

MSP Elevate is a non-exclusive commitment to sell Sophos’ best-in-class cybersecurity solutions available on the Sophos Central platform, including Sophos MDR, Sophos Endpoint powered by Intercept X, and Sophos Firewall. To access the program benefits, MSPs need to commit to a minimum monthly spend for a 12-month period. As a pre-requisite to joining MSP Elevate, partners need to be part of the MSP Flex program, which enables MSPs to offer Sophos solutions on a monthly billing basis.

“Joining MSP Elevate is a no-brainer. This new program adds further rocket fuel to the MSP growth trajectory we’ve enjoyed with Sophos over the last 17 years. Not all MDR offerings are the same, and I’m excited to be able to offer a superior service based around value and quality of outcomes that will elevate my customers’ defenses and differentiate my business in this increasingly crowded market,” said Craig Faiers, sales director, Arc.

With 80% of MSPs offering MDR through a specialist vendor for delivery*, partners can choose to have Sophos fully deliver the MDR service or to use Sophos to augment in-house teams, including for the provision of out-of-hours coverage. This is particularly important considering 88% of ransomware attacks start outside of standard business hours, according to Sophos’ Active Adversary report.

Sophos MDR is the service most trusted by MSPs to secure their clients and currently defends more than 18,000 MSP-managed customer environments against advanced threats, including ransomware. This unmatched breadth of customer coverage delivers unparalleled insights into attacks on MSP-managed environments that are continually leveraged to update customers’ defenses in real-time, optimizing their protection from ever-evolving attacks.

To learn more about MSP Elevate, visit www.sophos.com/elevate. Sophos partners can sign up for the MSP Elevate Program on the Sophos Partner Portal at https://www.sophos.com/en-us/partners/partner-portal.

 


Kindly share this post
Continue Reading

Trending