Latest news with #CanadianTelecomSummit
Hamilton Spectator
4 days ago
- Business
- Hamilton Spectator
Telecom networks increasingly vulnerable to cyberattacks, experts warn
TORONTO - Technology experts say telecommunications networks are increasingly susceptible to security threats and that companies should leverage artificial intelligence to help protect their infrastructure. Speaking Wednesday at the 24th annual Canadian Telecom Summit in Toronto, Ericsson Canada chief technology officer Tania Leppert said there is a growing need to safeguard telecom infrastructure that is evermore central to day-to-day life. 'We really have a lot of focus these days on the criticality of this infrastructure, which unfortunately also makes it a very attractive target for nefarious actors as well,' she told attendees during the second and final day of the conference. Leppert said there are various potential security or safety risks when a telecom network is breached, ranging from outages that halt the flow of communication during emergencies to massive amounts of sensitive data that could be stolen. 'There's a lot of important information in our telecom networks,' she said. 'Everybody is using it.' Leppert said attacks have become more sophisticated due to technological advancements, including the evolution of artificial intelligence. 'Hackers are ... using a lot more technology in different ways to be able to find vulnerabilities in the network and either collect information or disrupt,' she said. 'AI can also be used to make stronger attacks.' The conference also heard Tuesday from self-described 'ethical hacker' Robert Beggs, chief executive of Waterloo, Ont.-based security solutions company DigitalDefence. Beggs, whose firm is hired by companies to test the security of their networks, said there's been an uptick in cyber threats targeting the telecom sector over the past five years. Despite the potential of artificial intelligence — with companies touting its opportunities for growth and efficiencies — he said its use is 'outstripping securities.' 'Most companies, most telecommunications firms, haven't updated their program to meet the new threats that are coming in,' Beggs said. 'Since that time, we're dealing with ransomware to an incredible degree, you're dealing with international countries and you're still dealing with a lot of human errors.' In February, as part of a CRTC decision about improving 911 resiliency, the regulator directed service providers to implement 'robust cybersecurity measures to help prevent outages caused by cyberattacks.' That can include establishing firewalls, intrusion detection systems, and other safeguards. The providers must implement the measures by this August. Leppert said that while technology can be harnessed to attack networks, AI analysis can also be used as a tool to monitor for potential threats. That includes built-in access control mechanisms that offer a traceability function when a network or product is attacked. 'There has to be data that's coming out of the products in order to be analyzed,' she said, adding that organizations must be able to respond quickly once an attack is ongoing. 'You cannot defend against every attack vector, you cannot predict what hackers are going to be able to do, but you better know when something's happening,' she said. The sector is also relying more on technology to create 'threat databases,' said Leppert. 'Some of the big vulnerabilities is actually when we have silos ... and there's a lack of handover of understanding of what's happening,' said Leppert. 'Once a certain attack vector is known, that's something you need to share within the industry so we can protect against it in the future and it can't be reused.' This report by The Canadian Press was first published June 4, 2025.
Yahoo
5 days ago
- Business
- Yahoo
Telecom networks increasingly vulnerable to cyberattacks, experts warn
TORONTO — Technology experts say telecommunications networks are increasingly susceptible to security threats and that companies should leverage artificial intelligence to help protect their infrastructure. Ericsson Canada chief technology officer Tania Leppert says there is a growing need to safeguard telecom infrastructure, both to maintain the flow of critical communication during emergencies and to prevent massive amounts of data from being stolen. Speaking Wednesday at the 24th annual Canadian Telecom Summit in Toronto, Leppert said the increased importance of telecom infrastructure in day-to-day life has made it an "attractive target for nefarious actors as well." She says attacks have become more sophisticated due to technological advancements, but AI analysis can also be used as a tool to monitor for potential threats to networks. Robert Beggs, chief executive of Waterloo, Ont.-based security solutions company DigitalDefence, says there's been an uptick in cyberthreats targeting the telecom sector over the past five years. In February, as part of a CRTC decision about improving 911 resiliency, the regulator directed service providers to implement "robust cybersecurity measures to help prevent outages caused by cyberattacks," which can include firewalls, intrusion detection systems, and other safeguards. This report by The Canadian Press was first published June 4, 2025. Sammy Hudes, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
6 days ago
- Business
- Hamilton Spectator
Canadian telecom sector gathers for annual summit as report touts industry investment
TORONTO - A new report says sustained investment in telecommunications infrastructure is key to boosting Canada's economic growth after the sector contributed $87.3 billion in direct GDP last year. The study by PricewaterhouseCoopers, which was commissioned by the Canadian Telecommunications Association, says the sector supported 661,000 jobs across various industries in 2024. Its report was released Tuesday as industry leaders and government and regulatory officials gather for the 23rd annual Canadian Telecom Summit in downtown Toronto. As demand continues to grow for advanced connectivity, the report says Canadian telecom companies spent approximately $282 per capita on network development in 2024. But it outlines challenges providers face, including higher costs, declining revenue growth, heightened competition and a complex regulatory environment. Canadian Telecommunications Association president and CEO Robert Ghiz says it is crucial for all levels of government 'to consider the impact of their regulations and policies on the sector's ability to invest for the future and meet economic needs. This report by The Canadian Press was first published June 3, 2025.
Winnipeg Free Press
6 days ago
- Business
- Winnipeg Free Press
Canadian telecom sector gathers for annual summit as report touts industry investment
TORONTO – A new report says sustained investment in telecommunications infrastructure is key to boosting Canada's economic growth after the sector contributed $87.3 billion in direct GDP last year. The study by PricewaterhouseCoopers, which was commissioned by the Canadian Telecommunications Association, says the sector supported 661,000 jobs across various industries in 2024. Its report was released Tuesday as industry leaders and government and regulatory officials gather for the 23rd annual Canadian Telecom Summit in downtown Toronto. As demand continues to grow for advanced connectivity, the report says Canadian telecom companies spent approximately $282 per capita on network development in 2024. But it outlines challenges providers face, including higher costs, declining revenue growth, heightened competition and a complex regulatory environment. Monday Mornings The latest local business news and a lookahead to the coming week. Canadian Telecommunications Association president and CEO Robert Ghiz says it is crucial for all levels of government 'to consider the impact of their regulations and policies on the sector's ability to invest for the future and meet economic needs. This report by The Canadian Press was first published June 3, 2025.
Yahoo
6 days ago
- Business
- Yahoo
Canadian telecom sector gathers for annual summit as report touts industry investment
TORONTO — A new report says sustained investment in telecommunications infrastructure is key to boosting Canada's economic growth after the sector contributed $87.3 billion in direct GDP last year. The study by PricewaterhouseCoopers, which was commissioned by the Canadian Telecommunications Association, says the sector supported 661,000 jobs across various industries in 2024. Its report was released Tuesday as industry leaders and government and regulatory officials gather for the 23rd annual Canadian Telecom Summit in downtown Toronto. As demand continues to grow for advanced connectivity, the report says Canadian telecom companies spent approximately $282 per capita on network development in 2024. But it outlines challenges providers face, including higher costs, declining revenue growth, heightened competition and a complex regulatory environment. Canadian Telecommunications Association president and CEO Robert Ghiz says it is crucial for all levels of government "to consider the impact of their regulations and policies on the sector's ability to invest for the future and meet economic needs. This report by The Canadian Press was first published June 3, 2025. Sammy Hudes, The Canadian Press
