Ericsson’s New $206mn Bribery Fine: Will They Ever Come Clean?
CEO Börje Ekholm offered more platitudes about ethics after US prosecutors levied another big penalty for corruption.
David Morrow
How the Vastflux Mobile Ad Scam Generated 12 Billion Fake Transactions per Day
Apps on almost 11 million infected devices played multiple video ads that were hidden so users would not see them.
State-Owned Zimbabwean Telco Shaken by Multiple Internal Frauds
Insiders at mobile network operator NetOne have been accused of a string of enormous frauds involving stolen vouchers and airtime.
Ericsson Allocates $220mn for More Corruption Penalties
A monitoring regime that was meant to address past failings did not identify or disclose bribes paid to terrorists in Iraq.
Scattered Spider: New Cyber Attack Targets Telcos
CrowdStrike details a campaign that combines social engineering, smishing and remote code execution to infiltrate the systems of telcos, sometimes with the intention to perform SIM swaps.
Huawei, Iran and Intellectual Property Theft
Huawei CFO Meng Wanzhou is free after years of battling extradition to the USA but that does not make her innocent.
How Telcos Could Lose Billions from Ultrafast Transactions
James Zhong stole USD3.3bn in cryptocurrency by executing many rapid withdrawals from online accounts.
Zeus OTP Malware Trail Leads to Russian Cyberwarfare
The ‘JabberZeus’ cybercrime group were behind a wave of frauds that relied upon intercepting one time passwords sent by SMS.
Corruption in Kazakhstan’s Rotten Telecoms
The web of murky dealings surrounding state-owned operator Kazakhtelecom stretches from former President Nursultan Nazarbayev to Swedish telcos Telia and Tele2.
Ericsson Accused of Selling Equipment That Could Be Used by Russian Military
An argument has arisen about permission to export technology which has both civilian and military uses.