"High-Value Targets: String of Aussie Telco Breaches Continues"

A third Australian telecommunications company has now disclosed that it was breached. This time, it is Dialog, a provider of information technology services with a sizable market share of Australian customers in both the public and private sectors. This breach follows those faced by Optus and Telstra. Dialog, a SingTel subsidiary, said its servers were compromised on September 10, and while initial investigations revealed no signs of exfiltrated data, a sample of the company's employee personal data was made available on the dark web on October 7. The company stated that it is still investigating the incident. Telecommunications companies will always be a tempting target for cybercriminals due to the vast amounts of data they collect, process, and store on their customers, according to Erfan Shadabi, a cybersecurity expert with Comforte AG. However, these companies have an ethical and regulatory obligation to keep this sensitive customer data safe and out of the hands of the wrong people. Shadabi goes on to say that the consequences of not doing so are exactly what these companies are now facing. According to John Bambanek, Netenrich's principal threat hunter, IT providers, Managed Service Providers (MSPs), Managed Security Service Providers (MSSPs), and telecommunications companies have always been prime targets for advanced threat actors. Bambanek explains that because these companies have privileged access, it is simple to go from point A to point B to point Z immediately. This article continues to discuss recent breaches faced by Australian telecommunications companies and why such companies are an attractive target for cybercriminals. 

Dark Reading reports "High-Value Targets: String of Aussie Telco Breaches Continues"