Risk Management

EU AI Act: Telecom Firms Must Balance Innovation and Compliance
Regulations & Compliance EU AI Act: Telecom Firms Must Balance Innovation and Compliance

The European Union is on the verge of implementing the most comprehensive legal framework for regulating artificial intelligence (AI) in the world, known as the EU AI Act. This legislation, scheduled to be enforced in stages up until August 2027, aims to ensure the safe and trustworthy development

October 10, 2024
SK Telecom Restructures to Focus on AI, Divests Non-Core Units
Innovation SK Telecom Restructures to Focus on AI, Divests Non-Core Units

SK Telecom, a leading South Korean telecommunications giant and a key subsidiary of the SK Group conglomerate, has embarked on a significant restructuring initiative geared towards enhancing operational efficiency. This move forms part of the broader business rebalancing strategy of SK Group, which

October 10, 2024
Are U.S. Telecoms Prepared for Persistent Cyberattacks by Chinese Hackers?
Security Are U.S. Telecoms Prepared for Persistent Cyberattacks by Chinese Hackers?

In recent months, a series of cyberattacks orchestrated by Chinese hackers has unraveled severe vulnerabilities within the United States' telecom infrastructure. The breaches targeted major providers such as Verizon, AT&T, and Lumen Technologies, compromising sensitive wiretapping data

October 9, 2024
How Will Tele2 Enhance Fraud Management with Subex's AI Solution?
Security How Will Tele2 Enhance Fraud Management with Subex's AI Solution?

In an era where digital security is paramount, Tele2 Group is taking a major step forward by adopting Subex's HyperSense AI-first Fraud Management solution. This strategic move aims to fortify Tele2's fraud management operations across multiple European countries. By entering into a

October 3, 2024
GSMA Unveils Industry-Wide Responsible AI Initiative for Telecom Operators
Innovation GSMA Unveils Industry-Wide Responsible AI Initiative for Telecom Operators

The GSMA (GSM Association) has launched a groundbreaking initiative focused on promoting responsible AI within the telecommunications sector. By introducing the Responsible AI (RAI) Maturity Roadmap, the GSMA aims to guide Mobile Network Operators (MNOs) in adopting ethical and transparent AI

September 17, 2024
How is Volt Typhoon Exploiting Zero-Day Vulnerabilities in Versa Director?
Security How is Volt Typhoon Exploiting Zero-Day Vulnerabilities in Versa Director?

In an alarming cyber threat campaign, the state-linked threat actor Volt Typhoon has been actively exploiting a zero-day vulnerability (CVE-2024-39717) in Versa Director servers. This campaign specifically targets internet service providers (ISPs), managed service providers (MSPs), and other tech

August 29, 2024
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