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Ransomware Attacks Skyrocket: Median Cost Doubles to $26,000, Representing a Quarter of All Breaches, Reports Verizon

A report from Verizon Business's 16th annual Data Breach Investigations Report (DBIR) reveals a startling surge in the frequency and cost of cyberattacks. It analyzed 16,312 security incidents and 5,199 breaches, showing a sharp uptick in the cost of ransomware.  more

COVID-19: Business and Brand Protection Response

With the COVID-19 health crisis evolving so quickly, it's hard to predict the extent of the long-term impact on business and the economy. While every business sector is facing different considerations, it's safe to say all are handling challenges from supply chain interruptions, rapid shifts to remote work, and massive changes in consumer spending and communication habits. more

Verizon and AWS Expand Network Ties to Meet AI Data Demands

Verizon and AWS have deepened their collaboration to build dedicated fiber infrastructure, addressing the growing need for low-latency, high-capacity connectivity to support the rapid expansion of enterprise-scale artificial intelligence workloads. more

In the 5G Era, at Least 20 Million U.S. Homes Will Rely on Wireless for Broadband

There now can be no doubt that fixed wireless, mostly 5G, will be a viable business in the right locations. Today's wireless has enormous capacity, enough to supply the broadband needs of a significant population. It's better than most DSL and a workable alternative to cable in many locations. Traffic demand is falling, with Cisco predicting the U.S. will fall to 31% growth in 2021. more

A Bad Year for the Cable Industry

The traditional cable TV industry had a miserable 2019. Collectively the biggest cable TV providers in U.S. lost over 5.9 million subscribers during the year, almost 7% of the total customer base. The impacts of COVID-19, along with the already existing trends in the industry, spell bad news for the industry in 2020. I expect that customer losses will accelerate over 2019 levels. more

Over $31 Million Stolen by Hackers from Russian Central Bank

Hackers have stolen over 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank, the bank reported today. more

U.S. Federal Government Response Too Slow to Friday’s Internet Attack, Warns Cybersecurity Official

"We often refer to the Cuyahoga River in Cleveland that caught on fire over 20 times before we actually did something to introduce the Clean Water Act," says Allan Friedman, the director of cybersecurity initiatives for the Department of Commerce's National Telecommunications and Information Administration (NTIA), in conference call on Monday. more

The Global Digital Compact and the Future of Digital Governance

The unveiling of the Global Digital Compact's (GDC) zero draft on April 1, 2024, heralds a critical juncture in the quest to frame a digital future that is equitable, secure, and human-centered. Orchestrated under the leadership of UN Secretary-General António Guterres, the initiative endeavors to forge a consensus-driven framework for global digital cooperation. more

FCC Chairman: It’s Time to Settle Net Neutrality Questions

Federal Communication Commission (FCC) Chairman, Tom Wheeler, today in an open letter in the Wired Magazine writes: "After more than a decade of debate and a record-setting proceeding that attracted nearly 4 million public comments, the time to settle the Net Neutrality question has arrived..." more

Freedom to Connect

Over the last ten years, Andrew Odlyzko has been writing about a pricing algorithm that would assure reasonable service levels at reasonable prices. If you're going to F2C, you might want to read that brief article or this slightly more complex one to learn (or refresh your sense of) PMP -- Paris Metro Pricing models to deal with network congestion. You'll also get a sense of why throwing bandwidth at the network will not be sufficient. Here's a great article from 1995... more

How a Resilient Society Defends Cyberspace

Seventy-five years ago today, on May 29th, 1934, Egyptian private radio stations fell silent, as the government shut them down in favor of a state monopoly on broadcast communication. Egyptian radio "hackers" (as we would style them today) had, over the course of about fifteen years, developed a burgeoning network of unofficial radio stations... It couldn't last. After two days of official radio silence, on May 31st, official state-sponsored radio stations (run by the Marconi company under special contract) began transmitting a clean slate of government-sanctioned programming, and the brief era of grass-roots Egyptian radio was over... more

A Call to Action for an Inclusive WSIS+20 Review

Last week, GPD, together with 114 organisations and 57 individual experts from civil society, the technical community, industry and academia, presented a set of cross-stakeholder community recommendations aimed at operationalising the modalities for the twenty-year review of the WSIS (WSIS+20). The open letter responds to the adoption on 25 March of a UN General Assembly resolution on WSIS+20 modalities, advocating for a transparent and inclusive review process that meaningfully engages all relevant stakeholders. more

Pay TV Loses Record 1.3M Subscriptions So Far This Year

The U.S. Cable, satellite and telecommunications-based subscription video services lost 430,000 customers in the third quarter of this year, bringing the year-to-date drop to 1.3 million -- the largest ever through the first nine months of the year. more

Telecoms Development Booming in the French Pacific Territories

After the nuclear submarine debacle with France, political ties have been restored, and both France and Australia have agreed on further cooperation in the South Pacific, where France has several overseas territories. Also, here telecoms is a key issue. Such cooperation has become more urgent with the increased political interest of China in the region. more

Cybersecurity Standards Competition

The conventional wisdom in the world of legacy standards-making is that monolithic standards produce, if not accelerate, better products and services. Conformance, certification, and associated labelling schemes to implement those standards were believed essential to trust. Although competition law seems now evolving in the other direction, regulatory standards-making bodies themselves have been accorded considerable anticompetitive cartel liability protection. more