Allot Telco Security Trends Report Reveals CSP Security Services Prove Highly Effective in Protecting Consumers from Mobile and IoT Threats
HOD HASHARON,
The Telco Security Trends Report is based on anonymous data gathered from four communications service providers (CSPs) across
- Almost one billion were triggered by cryptomining malware, the leading security threat, corresponding to the rise in cryptocurrency valuation in late 2017/early 2018
- Over one hundred million threats were triggered by adware only
- Forty thousand threats were triggered by direct attacks in the form of ransomware and banking trojans
The escalating IoT Threat Landscape?
As part of this study, Allot set up honeypots simulating consumer IoT devices and exposed them to the Internet. Results showed immediate successful attacks, peaking at a rate of over one thousand per hour, with findings revealing that a device can get infected within 42.5 seconds of being connected to the Internet. There was also an increase of unique IP addresses attacking the honeypots over time, from 44 per day to a peak of 155 per day in less than a month of exposure.
Connected devices are forecast to grow to almost 31 billion worldwide by 2020. To help combat rising threats across this expanding mobile and IoT attack surface, the Telco Security Trends Report found that CSPs are best positioned to deliver a unified, multilayer security service delivered at the network level to the mass market. By merging value-add network-based security with built-in customer engagement capabilities, CSPs can simultaneously achieve rapid customer acquisition and high adoption rates of 40 percent, while generating incremental revenue.
"Cybercrime has become rampant across the growing mobile and IoT attack surface due to the financial motivation it provides" said
Read the full Telco Security Trends Report on how CSPs can help deliver value-added security to the mass market while generating significant revenue: [LINK]
About Allot
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This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements set forth in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors, government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on third party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the
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Allot
Vered Zur
VP Marketing
+972-9-761-9241
vzur@allot.com
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