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minute read Share this article: The Tier 1 telecom giant was caught up in a coordinated, wide-ranging attack using unpatched security bugs in the Accellion legacy file-transfer platform. Singtel, Tier 1 telecom carrier throughout Asia and owner of Australian telco Optus, has been impacted by a software security hole in a third-party file transfer appliance targeted by attackers. Singtel is one of multiple organizations affected by the bug, including an Australian medical research institution. The point of entry for the attack was software company Accellion, maker of (among other things) a legacy large file transfer product called File Transfer Appliance, or FTA. FTA is a 20-year-old product that was targeted by a “sophisticated cyberattack” on Dec. 23, according to a company notice in early February. ....
The global Software Defined Perimeter (SDP) Market forecast will surpass $23,132.8 million by the end of 2026, at a CAGR of 35.8%, increasing from $2,000.0 million in 2018, according to Software Defined Perimeter (SDP) Market analysis by Research Dive. Increasing execution of cloud based technology along with need of programmable and scalable security systems are key software defined perimeter (SDP) market trends. In addition, the rise in the usage of internet services has also led to a rise in the number of cyber-attacks. Growing number of network attacks for instance, Malware, Man-In-The-Middle Attack, Denial-of-service attack, Zero-Day Attack and others by cybercriminals and hackers are encouraging the enterprises to adopt SDP security systems because SDP investigates the external traffic and instantly blocks those who are accessing their networks without authentication. ....