NASDAQ OMX

Only 30% of subscribers are aware of risks posed by mobile network vulnerabilities

Del

WAKEFIELD, Mass., 2016-12-12 16:00 CET (GLOBE NEWSWIRE) --

Research commissioned by Xura, Inc, a leading provider of secure, digital communications services, has revealed the extent to which mobile subscribers are unaware of vulnerabilities in their mobile operator’s network that could lead to their calls or texts being intercepted, so becoming victims of fraud or unauthorized location tracking. Only 30 percent of respondents to the survey – conducted with consumers in the US, UK and Australia – claimed awareness of any security weakness in mobile phone networks.

Respondents provided a list of reasons for their security concerns including vulnerabilities in operating systems (nine percent), apps (six percent), operator data leaks (three percent) and vulnerabilities in Bluetooth, WiFi, and voicemail hacking. However, only six percent indicated specific awareness of vulnerabilities in the technology of the telecoms network itself. 

Mark Windle, Strategy and Marketing Director, Xura Security, said: “SS7 (Signaling System 7) is a core technology used by telecoms networks globally.  SS7, however, contains vulnerabilities that can be exploited to carry out a whole host of malicious activities; from triggering fraudulent calls or texts to be sent to premium rate services at the subscriber’s expense, to location tracking and call/SMS interception. The threat is very real, but thankfully so too is the solution. Xura is actively helping operators around the world to secure their networks and protect their customers. Naturally some operators move faster than others and those that are yet to act will know the consequences of not protecting themselves and their subscribers against potential attacks. Securing their networks should be the highest priority.”

Shockingly, almost a third (32 percent) of mobile subscribers never check their balance or bill to verify that they have been correctly charged or to detect possible suspicious activity on their account, with those aged between 31 and 50 least likely to check their monthly bills. 

“Often these attacks can happen without the mobile user’s knowledge. With fraud, the only indicator may be on the subscriber’s bill. However, we appear to have considerable faith in mobile operators, hence why many of us may not think to suspect any inaccuracies in bills: according to the research over two thirds (69 percent) of subscribers questioned feel they are moderately well protected by their service provider from fraudsters and hackers. Until the network is properly secured, the operator is putting this significant amount of customer loyalty at risk,” continued Windle.

In terms of which hacks would affect subscribers the most, over half of subscribers felt like they would be severely or badly affected by a denial of service attack (58 percent), fraudulent calls and SMS subscriptions respectively (52 percent). Fraud is also the type of hack that subscribers feel is most likely to happen to them, with 45 percent anticipating becoming a victim of fraudulent calls made at their expense, and fraudulent registration for premium SMS services (38 percent).

Subscribers also indicated that if they became a victim of mobile cybercrime, nearly half (49 percent) would seek compensation from their mobile network operator and a third (33 percent) would inform the telecom regulator. Worse still, 29 percent would change their network provider either immediately (22 percent) or at the next renewal date (seven percent).

Windle added: “SS7 attacks leading to fraud are likely to impact subscribers the most, and with consequential impact for the network operators in the form of compensation claims or the loss of angry subscribers to competitors. With security becoming a priority for consumers and enterprises alike, operators have an opportunity to become the trusted provider by moving quickly to combat potential exploitation. By implementing a comprehensive solution that is powerful enough to secure all points of attack, not only blocking suspicious activity but also using advanced analytics to help secure the network against future attacks, the operator can detect, protect and secure their network assets, data and ultimately their subscribers.”

Other key findings:

  • 22 percent of subscribers don’t implement any rules when they decide to grant apps permission to access other features or data on their phone
  • Only eight percent would switch to apps to make calls and send messages more securely than through traditional voice calls and SMS messages
  • 24 percent would change their number if attacked
  • 14 percent would report the hack on their social networks

“Despite a reasonable degree of awareness to potential threats, many subscribers (42 percent) increase their exposure to risk by not checking bills or not paying attention to app permissions. As subscribers, we need to take more care and be more vigilant. However, cybercrime conducted through SS7 vulnerabilities in the network may be completely invisible to consumers. The right place to tackle these threats is in the network, but right now many networks are not adequately protected from potential signaling attacks. Now is the time for the operators to join the fight against cybercrime,” concluded Windle.

To highlight the findings of the research, Xura created an infographic which explores the rise of mobile cybercrime, how mobile users are at risk, often without their knowledge, and some practical tips everyone can take to better protect themselves. To view the infographic, please click here: http://bit.ly/MobileCybercrime

About the research
Carried out in Quarter Three 2016, the research was conducted by Xura via Survey Monkey, and questioned 1,667 mobile network subscribers in the USA (595), UK (535), and Australia (537). A breakdown of findings by country are available on request.

About Xura, Inc.
Xura, Inc. offers a portfolio of digital services solutions that enable global communications across a variety of mobile devices and platforms. We help communication service providers and enterprises navigate and monetize the digital ecosystem to create innovative, new experiences through our cloud-based offerings. Our solutions touch more than three billion people through 350+ service providers and enterprises in 140+ countries.  You can find us at Xura.com.

         Media Contact:
         Maria Hudson
         Xura
         maria.hudson@xura.com

Om NASDAQ OMX

NASDAQ OMX
NASDAQ OMX
One Liberty Plaza - 165 Broadway
NY 10006 New York

+1 212 401 8700http://www.nasdaqomx.com

NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.

Følg saker fra NASDAQ OMX

Registrer deg med din epostadresse under for å få de nyeste sakene fra NASDAQ OMX på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra NASDAQ OMX

Barings Supports New Mountain Capital Investment in DRB Systems17.10.2017 16:30Pressemelding

CHARLOTTE, N.C., Oct. 17, 2017 (GLOBE NEWSWIRE) -- Barings, one of the world's leading asset management firms, announced today that it served as a Joint Lead Arranger on a Senior Secured Credit Facility to support New Mountain Capital's acquisition of DRB Systems LLC.                                                               Founded in 1984 and based in Akron, Ohio, DRB Systems is the leading provider of turnkey technology solutions used to enhance the operational efficiency of car wash sites across the U.S.  DRB's integrated technology offering includes hardware and software used in point-of-sale and tunnel control systems as well as ancillary modules to support marketing, human resources, and business analytics. "New Mountain Capital is pleased to have completed its investment in DRB Systems," said Jack Qian, Director of New Mountain Capital. Laura Holson, Head of Capital Markets at New Mountain added, "We deeply value Barings' support as a financing pa

Crown Bioscience to Showcase Scientific Expertise in Preclinical Evaluation of Investigational Cancer Compounds17.10.2017 16:12Pressemelding

SANTA CLARA, Calif., Oct. 17, 2017 (GLOBE NEWSWIRE) -- Crown Bioscience, a wholly-owned subsidiary of Crown Bioscience International (TWSE:ticker 6554) and a global drug discovery and development services company providing translational platforms to advance oncology, inflammation, cardiovascular and metabolic disease research, will showcase their scientific expertise at this year's American Association for Cancer Research's International Conference on Molecular Targets and Cancer Therapeutics (AACR-NCI-EORTC) October 26th through the 30th. CrownBio's scientists will present 13 scientific posters describing their latest research efforts, including generation of novel models for combinatory chemotherapy and immunotherapy studies, creation of 3D screening panels for improved efficacy assessments, demonstration of a checkpoint immunotherapy modulating intestinal microbiota, among other innovative developments in cancer therapeutics and preclinical pharmacology evaluation. On

Oxford Immunotec Schedules Third Quarter 2017 Earnings Release and Conference Call for October 31, 201717.10.2017 15:15Pressemelding

OXFORD, United Kingdom and MARLBOROUGH, Mass., Oct. 17, 2017 (GLOBE NEWSWIRE) -- Oxford Immunotec Global PLC (Nasdaq:OXFD), a global, high-growth diagnostics company focused on developing and commercializing proprietary tests for the management of underserved immune-regulated conditions, today announced that it plans to release third quarter 2017 financial results prior to market open on Tuesday, October 31, 2017.  Dr. Peter Wrighton-Smith, Chief Executive Officer, and Rick Altieri, Chief Financial Officer, will host a conference call to review the Company's results at 8:00 a.m. Eastern Time the same day. The call will be concurrently webcast. To listen to the conference call on your telephone, please dial (855) 363-5047 for United States callers and +1 (484) 365-2897 for international callers and reference confirmation code 99539511, approximately ten minutes prior to start time.  To access the live audio webcast or subsequent archived recording, visit the Investor Relations se

World Conference on Lung Cancer Tuesday Press Conference: Evidence to Support Innovative Lung Cancer Interventions17.10.2017 08:16Pressemelding

YOKOHAMA, Japan, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Today's press conference at the International Association for the Study of Lung Cancer (IASLC) 18th World Conference on Lung Cancer (WCLC) featured groundbreaking findings in the study of both small cell and non-small cell lung cancer. The studies presented covered broad research areas, from confirmation of existing classification criteria to ensuring viability of evidence to supporting the use of specific interventions. Biopsy specimen found to be reliable for evaluating DLL3 expression in small cell lung cancer Small cell lung cancer (SCLC) biopsy specimen was found to be reliable material for evaluating DLL3 expression; high levels of DLL3 in SCLC are correlated with poor survival trends. These results may lead to further evaluation of the scoring system for predicting DLL3-targeted therapeutic efficacy and clinical significance of DLL3 expression in high-grade pulmonary neuroendocrine carcinomas.

New Era Launches Direct-to-Consumer eCommerce Site Built by EPAM and Powered with SAP Hybris17.10.2017 06:01Pressemelding

New Site Expands Headwear and Apparel Offering with Immersive, Omnichannel Experience NEWTOWN, Pa., Oct.  17, 2017  (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of digital platform engineering and software development services, and New Era, a global headwear brand rooted in sports, today announced the launch of New Era's first direct-to-consumer website, neweracap.com. New Era's B2B business remains strong, and the company is now putting an emphasis on selling its products directly to customers and expanding its offering into the lifestyle market. The new site offers products for seasoned athletes and sports fans, as well as street and lifestyle consumers. "In an age where businesses cannot tolerate lengthy, scope changing technology projects, EPAM quickly established themselves as the standout partner for us to tackle this ambitious initiative," said Lorenz Gan, Global Vice President, Information Technology, New Era. "Whilst this p

CP Kelco Appoints Didier Viala as New President16.10.2017 15:00Pressemelding

ATLANTA, Oct. 16, 2017 (GLOBE NEWSWIRE) -- CP Kelco, a leading global producer of specialty hydrocolloid solutions, announced today that Didier Viala has been appointed President, effective October 1, 2017. Viala replaces Donald Rubright, who served as CP Kelco President since 2006 and will retire at the end of 2017. Viala has also joined the CP Kelco Board of Directors. "As a market leader supplying high-quality hydrocolloid products for a range of foods and beverages, consumer products and industrial applications, CP Kelco will continue to invest in capacity additions, new product and applications development, strategic raw material sourcing, quality and safety management, and sustainability initiatives to support our customers' innovation efforts and growth strategies," Viala said. Over the course of more than 25 years with CP Kelco and its predecessor companies, Viala held leadership roles across a broad spectrum of critical areas, including innovat

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom