CybersecuritySecurity

Suspected Chinese Cyber Espionage Group Targets European Telecom Infrastructure

Security analysts have identified what appears to be a sophisticated cyberespionage operation against a European telecommunications provider. The suspected Chinese-linked Salt Typhoon group exploited Citrix vulnerabilities to deploy backdoors and maintain stealthy network access according to recent findings.

European Telecommunications Provider Targeted in Sophisticated Cyberattack

Security researchers at Darktrace have identified what they assess to be a cyberespionage operation against a European telecommunications firm, with evidence pointing to the China-linked threat actor known as Salt Typhoon. According to their report, the intrusion occurred in early July 2025 and involved the exploitation of vulnerable Citrix NetScaler Gateway appliances to gain initial network access.

Assistive TechnologyBusiness

SK Telecom’s New AI Division Implements Voluntary Exit Program Amid Organizational Restructuring

SK Telecom’s newly formed AI division is implementing a voluntary retirement program for its approximately 1,000 employees, according to company statements. The telecommunications giant describes the move as a supportive measure rather than downsizing as it consolidates various AI operations under a centralized structure.

Organizational Integration Sparks Workforce Changes

South Korean telecommunications leader SK Telecom is implementing significant workforce adjustments at its recently established artificial intelligence division, according to reports from TechCrunch. The company confirmed to the publication that employees at its AI CIC (Company-in-Company) unit are being offered a voluntary retirement program just weeks after the division’s official launch.

BusinessTelecom

Telcos Transform Into Banks For Next Two Billion Customers

Telecommunications companies across Africa and Latin America are pivoting from traditional services to banking solutions. With 2 billion new users coming online and 1.4 billion adults remaining unbanked, telcos are positioned to bridge the financial services gap through mobile technology.

Telecommunications companies are rapidly evolving into banking providers for the next two billion customers, leveraging their extensive mobile networks to deliver financial services to previously unbanked populations. This strategic shift comes as telcos face staggering customer churn rates while sitting on untapped technological potential that could revolutionize financial inclusion across developing regions.

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