How to resist cybercrime and an ‘Internet of Threats’ in enterprise finance

The presence of cybercriminal activity online is an everyday challenge within the enterprise finance sector. Cybercrime is now an established threat to corporations and their customers. It's largely due to IT security policies that are difficult to enforce and the under-utilisation of effective encryption.

Coupled with the challenges of cybercrime, financial service institutions now experience business model disruption from innovative Fintech startups and increasing regulatory oversight from legislation...

By David H. Deans, 05 September 2019, 0 comments. Categories: 5G, Disruption, IoT, Regulation, Research, Security.

Poland and the USA declare need for stringent checks of foreign telecoms gear

As concerns about foreign state influence over critical telecommunications equipment grow, Poland and the USA have signed a declaration calling for stringent checks.

The declaration was signed during a state visit to Poland by US Vice President Mike Pence.

"Protecting these next-generation communications networks from disruption or manipulation and ensuring the privacy and individual liberties of the citizens of the United States, Poland, and other countries is of vital importance," the agreement...

By Ryan Daws, 03 September 2019, 0 comments. Categories: 5G, China, Connectivity, Europe, Government, Industry, Infrastructure, Mobile, N America, Networks, Security, Surveillance.

Huawei Founder: The UK ‘won’t say no to us’ in the rollout of 5G

Huawei founder Ren Zhengfei has said the UK “won’t say no to us” in the rollout of 5G while simultaneously praising new PM Boris Johnson.

Zhengfei made the comments to Sky News as part of the latest intervention from Huawei’s founder amid debates over whether the company should be allowed to deploy its equipment in critical infrastructure.

Reports suggest the UK’s previous government, led by...

By Ryan Daws, 16 August 2019, 0 comments. Categories: 5G, China, Connectivity, Europe, Government, Industry, Infrastructure, Mobile, Networks, Security, Wireless.

Bolton: Johnson's government will look at Huawei 'from square one'

US national security advisor John Bolton has said during a UK visit that new PM Johnson's government will look at the Huawei issue "from square one".

Bolton is the most senior US government official to visit PM Johnson since he took office last month. The US has strongly warned its allies, especially those such as the UK in the 'five-eyes' intelligence relationship, against allowing the use of Huawei equipment in 5G networks.

“They [UK officials] said, in particular, they are...

Britain is yet to decide on Huawei’s 5G involvement, but tougher industry controls will be introduced

Britain has said it’s “not yet in a position” to make a final decision on whether Huawei should be involved with 5G networks, but tougher industry-wide security controls will be introduced.

The debate over how much Huawei should be involved in 5G has raged on for years, and even before that to some extent with previous-generation networks. Currently, the UK has Huawei equipment inspected at the Huawei Cyber Security Evaluation Centre (HCSEC) in Banbury.

Until last year, HCSEC reported it felt...

Ex-Homeland Security Chief: US-UK intelligence-sharing will be harmed if Huawei used in 5G

The former head of Homeland Security has issued a stark warning that US intelligence-sharing with the UK will be harmed if Huawei is used in 5G networks.

Governor Tom Ridge is the former US Secretary of Homeland Security and set up the department following the 9/11 terror attacks.

Speaking in London, Ridge said: “Much of the intelligence sharing is electronic and if you are relying on secure telecoms and they’ve got a front door, well I don’t know how many pigeons can fly across the...

Report: All of the UK’s operators are using Huawei 5G equipment

A report highlighting that all of the UK’s operators are using Huawei equipment shows just how disruptive a ban would be.

The report, from The Observer, found Huawei is involved in building the 5G stations in six of the seven cities in the UK where Vodafone has launched its latest network. Furthermore, Huawei is building “hundreds of 5G sites for EE” and has already won contracts with Three and O2.

Nokia CEO: Huawei crackdown would harm the whole industry

The chief executive of Nokia has warned that increased regulation over Huawei concerns will harm the whole industry.

Rajeev Suri’s comments were aimed towards European governments who are deliberating over whether to allow Huawei in 5G networks – or to what extent.

Speaking to Financial Times, Suri said:

“What you don’t want is a cumbersome process involving more cost in the supply chain. Let’s be careful. No...

Huawei campaigns to UK public amid negative publicity

While the debate over whether to ban Huawei from 5G networks continues, the Chinese vendor is appealing directly to the UK public.

Huawei is facing a difficult time over US-led action. The US has called on its allies to ban the Chinese vendor from 5G networks over national security concerns and has threatened to cut-off intelligence cooperation with countries that refuse. Spooked operators are

Trump lands in the UK as Tories signal Huawei climbdown

President Trump looks set to win the UK’s agreement to ban Huawei from national 5G networks following remarks from leading Conservatives.

Trump has landed on British soil experiencing more turbulence than in the air: Brexit uncertainty is hitting businesses, the outlook for industries like manufacturing across the wider eurozone is even worse, a departing prime minister, and protests around Trump’s state visit are just some of the problems faced by...