Achive.php April 1, 2025 - The Cyber Shark

Vodafone Advances Cybersecurity for Businesses in Germany

Vodafone

Vodafone, Inc. The opening of a cybersecurity centre in Düsseldorf, Germany, was recently announced by VOD. The cybersecurity centre will provide small and medium-sized businesses (SMEs) nationwide with 24/7 protection. Vodafone has a wide range of cybersecurity products. Businesses are better equipped to withstand new cyber threats thanks to Vodafone Business Managed Security Services. The administrator may configure and keep an eye on laptops, smartphones, and other devices used by an organization thanks to Unified Endpoint Management. A risk management tool called Vodafone Business Security Assessment-Security Ratings gives companies the ability to continuously monitor and provide a comprehensive picture of any cyber threats. Organizations can respond quickly to security threats thanks to this thorough visibility and accurate evaluation of cyber health. To prevent cyberattacks, Vodafone’s cyber security centre will try to detect any dangers and efficiently activate defences. It will also provide a cyber portal that would show information about security status and prevent cyberattacks. To guarantee the smooth deployment, monitoring, and upkeep of security systems for its clients, Vodafone has more than 100 security specialists on staff and provides round-the-clock services. To further enhance security capabilities and integrate cutting-edge technologies, the organization is also actively collaborating with significant tech firms like Google, Microsoft, Lookout, CybSafe, Zscaler, and others. Additionally, Vodafone’s cyber centre will work with clients to give corporate staff the right training and resources to identify such risks. Will VOD’s Share Performance Be Driven by This Initiative? To prevent cyberattacks, big businesses with substantial financial resources set up advanced IT infrastructure. SMEs with little funding are unable to make significant investments in cyber defence. In a highly competitive corporate environment, this renders them vulnerable and disadvantageous. Cybercriminals frequently take advantage of this weakness. According to recent studies, SMEs are the target of more than 50% of cyberattacks, and it takes them around 21 days to recover. This has a huge impact on how businesses operate. The German economy relies heavily on SMEs, thus the rise in cyberattacks targeting them is concerning for the nation. Vodafone is attempting to improve the digital resilience of its SME clients nationwide by establishing a cyber security centre in recognition of this underserved market. A customer-focused strategy like this bodes well for the long-term expansion of the business. Other Stocks to Consider Inter Digital In the last four quarters, IDC’s earnings surprised by 158.41%. It is a leader in cutting-edge mobile technologies that make wireless capabilities and communications possible. The business creates and develops a broad range of cutting-edge technological solutions for usage in networks and products connected to IEEE 802, digital cellular, and wireless 3G and 4G. Celestica Inc. Many of the top original equipment manufacturers in the world rely on CLS for post-manufacturing support, competitive manufacturing technologies, and service solutions for printed circuit and system assembly. United States Cellular Corporation USM’s most recent reported quarter saw a 150% earnings surprise. To improve churn control and speed up subscriber additions, U.S. Cellular has taken proactive measures. The company wants to give consumers the greatest cellular experience possible by offering a top-notch network with nationwide coverage. It is ideally situated to facilitate the expenditure needed for network improvements, such as the introduction of 5G technology.

Police Say Former Odisha IT Minister Loses Rs 1.4 Crore to Cybercriminals

Odisha IT Minister

Former Odisha IT Minister and MLA Tusharkanti Behera lost Rs 1.4 crore to cyber fraud, allegedly through a friend’s misuse of his trading account. Police have arrested seven suspects and frozen Rs 15 lakh while continuing the investigation. Bhubaneswar: On March 31, 2025, a top police officer here stated that an Odisha IT Minister A and former information technology minister had lost Rs 1.4 due to cyber fraud in around a month and a half.In relation to the crime, seven people were taken into custody by the police: three from Tamil Nadu and four from Karnataka. But in January, the former minister filed a police complaint in this respect, alleging that a buddy had been using his trading account and misappropriated the funds. Odisha IT Minister to say the police officer claimed that the accused and their colleagues used to pretend to be trade analysts in order to get individuals to invest money in shares, IPOs, and other trades by promising them large profits. Between November 13, 2024, and January 1, 2025, the accused obtained Rs 1.40 crore fraudulently from the complainant, according to the Crime Branch’s cybercrime unit, which conducted the inquiry, he added. Sarthak Sarangi, the IG for the Crime Branch, stated during a news conference that on January 13 of this year, “we received a complaint that cyber fraudsters swindled Rs 1.4 crore from the complainant through a mobile app.” He did not, however, identify the complainant because he believed it would interfere with the inquiry. The complainant, according to police sources, is an IIT graduate, a current Odisha IT Minister , and a former minister of information technology. However, former IT minister and BJD Odisha IT Minister Tusharkanti Behera told reporters: “My friend used my trading account and lost the money to cyber fraud.” I don’t know anything about the fraud directly. According to Sarangi, bank accounts in Karnataka, Kerala, Tamil Nadu, Telangana, West Bengal, Delhi, Himachal Pradesh, Assam, and Maharashtra have received the funds. Seven people were taken into custody by crime branch teams that were dispatched to Karnataka, Tamil Nadu, and Kerala during the first phase. “Very soon we will send our teams to Hyderabad, West Bengal and Delhi to arrest other accused persons in this case,” the officer said. According to him, the Crime Branch has frozen Rs 15 lakh in the accused individuals’ bank accounts and recovered Rs 4 lakh from them thus far.According to Sarangi, a Navy commander and a university vice-chancellor were lately the targets of cyber fraud.