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Massive Telecom Data Breach Highlights Urgent Need for Advanced Cybersecurity Measures

Newswire.ca - Wed Jul 24, 11:41AM CDT

USA News Group Commentary Issued on behalf of Scope AI Corp.

VANCOUVER, BC, July 24, 2024 /CNW/ -- USA News Group – The telecom market just witnessed a security breach nightmare, with the data (records of calls and texts) of nearly all customers of a giant getting stolen by hackers. The incident in question involved AT&T Inc. (NYSE: T), which immediately issued a press release to address the situation, pointing towards the probability that the hackers illegally downloaded the data from a third-party cloud platform. In this case, the data stolen was from 2022, representing a massive data breach done in the future. The implication is that security methods implemented today, could impact how secure today's data is tomorrow. One of the biggest concerns about the future is the rise of quantum computing, where future hackers can turn back the hands of time and hack data that's protected by methods incapable of handling a quantum computer attack. Among the tech developers working on bolstering the cybersecurity of the future are Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Zscaler, Inc. (NASDAQ: ZS), BlackBerry Limited (NYSE: BB) (TSX: BB), and Gen Digital Inc. (NASDAQ: GEN).

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