IoT MVNOs shift focus to value-added services

The IoT Mobile Virtual Network Operator (MVNO) market is experiencing a shift in strategy as connectivity revenue growth faces challenges. According to ABI Research, the increase in Low Power, Wide Area (LPWA) connections – coupled with disruptive pricing models and discounted connectivity rates – has impacted the profitability of connectivity services for virtual operators. Connectivity,…

8Base Group Deploying New Phobos Ransomware Variant via SmokeLoader

The threat actors behind the 8Base ransomware are leveraging a variant of the Phobos ransomware to conduct their financially motivated attacks. The findings come from Cisco Talos, which has recorded an increase in activity carried out by the cybercriminals. “Most of the group’s Phobos variants are distributed by SmokeLoader, a backdoor trojan,” security researcher Guilherme…

Huawei boosts European presence with Paris Innovation Center

Huawei hosted Innovation Day 2023 in Paris, focusing on ‘SME Innovation: Unlocking Europe’s Economic Future.’ The event united innovators from Europe and beyond to explore collaborative strategies for the growth of small and medium-sized enterprises (SMEs). At the heart of the occasion, Huawei revealed the inauguration of its Paris Innovation Center, a pivotal platform for…