EncryptoTel weekly digest(30.06.19)

EncryptoTel
Jul 1 · 4 min read

Unsinkable Huawei, Chinese hackers` attacks and the growth of transactions through digital wallets

Report: Hackers are attacking telecom companies for espionage

Hackers broke into over a dozen of the world’s telecommunications companies and stole large amounts of personal and corporate data, as a cyber security company Cyberreason reported. The victims were telecom companies in more than 30 countries. The hackers’ purpose was to collect information about officials, law enforcement officers and prominent politicians.

These hacker groups had obvious connections with China. They used the same tools that were already involved in other hacker attacks attributed to Beijing.

“Taking into account the level of complexity, it’s not a criminal group operation. This is a government that has the capabilities to carry out such attacks,” said Lior Div, the Chief Executive Officer of Cybereason.

Cybereason declined to name the affected companies or countries in which they operate, but according to sources on CNBC, the targets of these attacks are increasingly becoming telecommunications companies in Western Europe.

Intel has bypassed the US ban and resumed chip shipments for Chinese Huawei

American IT giant Intel resumed selling Huawei after it found a legitimate way to avoid marking its products as “made in the USA”. New York Times reporters found out that Intel is not the only American company that is trying to circumvent the restrictions and continue cooperation with Huawei. So did Micron. Deliveries resumed about three weeks ago, told NYT sources in the market.

They may continue to supply Huawei products if they are manufactured outside the United States and do not contain technologies that can pose a threat to US national security. But they are prohibited from providing related services, such as troubleshooting or instructions on the use of their production in the United States.

In May, the USA authorities banned the American companies from using telecommunications equipment manufactured by a Chinese company, and also banned the US companies from selling Huawei technology without prior permission.

In 2018, Huawei purchased American supplies worth $ 11 billion dollars, among which the largest purchases were Intel and Micron chips, as well as Google software.

Survey: over 2 million cattle farms will be connected to IoT by 2024

The global agricultural sector is actively using the Internet of Things, reports the ABI Research. By 2024, over two million farms with 36 million head of cattle will be connected to the IoT.

The main areas of IoT application in agriculture are the automation of pasture irrigation processes, data collection and monitoring of the animals condition and location.

IoT is capable of increasing crop yields and product quality and contributes to a deeper understanding of the efficient farm management.

“Ground-based sensor systems are the most cost-effective. They allow you to focus solely on monitoring the soil under crops and the movement and condition of the animals. This is the kind of information that farmers need to draw up an action plan to ensure optimal yield, ”said Harriet Samnalle, research analyst at ABI Research.

Forecast: every second inhabitant of the Earth will be using digital wallets by 2024

By 2024, the number of people using digital wallets will increase from 2.3 billion in 2019 to 4 billion, according to the forecast by a research company Juniper Research. The term “digital wallet” refers to any solution that allows you to carry out operations of replenishment, storage, payment, or money transfer in electronic form. It can be e-money wallets and even your online banking.

The rise in the number of digital payment services for goods and facilities users will result in increased volume of transactions made through these wallets by 80% to $ 9 trillion per year. For example, now in the United States the average resident spends about $ 3,350 per year using an electronic wallet. By 2024, this figure will reach $ 6400.

The growing popularity of electronic payment solutions will be partly connected with the increased security level of online payments. In the second half of 2019, there will be introduced the SRC (Secure Remote Commerce) standards that protect operations with tokens and dynamic cryptograms.

EncryptoTel improves audio quality

The team of the virtual PBX with a high degree of confidentiality EncryptoTel spent the past week, making improvements in the work of voice services. Our developers conducted multiple testing of connections through EncryptoTel mobile applications, identified areas that need optimization, and started to work on improving their work:

- the multimedia communication library PJSIP was reassembled and a new version of the stack was released,

- a test version of the application has been launched with targeted work on voice services,

- as well as the work on the interface of web and mobile applications EncryptoTel was continued.

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