Telenor Cyberdefense offers businesses a Security Operations Centre for 24/7 monitoring, detection, prevention and response to cyber threats.
Nordic operator Telenor has announced the creation a new company dubbed Telenor Cyberdefense with the goal of helping Norwegian companies deal with the increasing cyberattacks.
In a press release, Telenor said that Norwegian businesses and organizations in the public sector are experiencing more frequent and severe attacks. Telenor cited Norstat’s survey, which found one in five business leaders had experienced cyberattacks within the last year.
Cyber threats have never been as severe and frequent as they are today. Cybersecurity is more important than ever as the digital landscape of business is constantly under attack. Telenor, one of Norway’s leading security players, has decided to leverage its expertise and experience as a cybersecurity company with Nordic ambitions.
Telenor Cyberdefense is now part of Telenor Amp. This portfolio consists of 15 companies that are owned in full or in part by Telenor.
“The exponential growth in data and the digitalization of society provide criminals with an expanded digital landscape. Telenor Cyberdefence is taking this challenge seriously, focusing on digital safety. This will allow us to develop advanced products for the business sector more quickly and more effectively, said Dan Ouchterlony.
The Norstat survey conducted by Telenor revealed that almost 9 out of 10 business executives are worried about a cyberattack crippling their operations.
Cybercriminals are increasingly targeting businesses in all sectors, and there is an unmet market need. Thomas Kronen is the CEO of Telenor Cyberdefense.
Telenor Cyberdefense offers businesses a Security Operations Center for 24/7 monitoring, detection, prevention and response to cyber threats and incidents. Telenor said that the new company would also offer consultancy services and test IT systems and infrastructure.
Kronen said Telenor Cyberdefense is looking to expand its operations in all Nordic markets.
Telenor Cyberdefense was established by the transfer of 50 security personnel from Telenor Norway. The company will also take on responsibility for Telenor Norway’s existing SOC clients, resulting in Telenor Cyberdefense starting operations with a client base of approximately 70 Norwegian businesses.
Telenor Norway operates and owns critical infrastructure. As a result, it says that over the years, it has established a “robust security environment” in Norway. Telenor has said that it has strengthened this environment by establishing a new, dedicated internal Cyber Security Operation Center. This center will focus Telenor Norway’s IT and Telecom infrastructure, further improving security for Telenor Norway, and its customers.
Telenor opened a facility recently in Sweden for testing the performance of IoT device against a variety of network scenarios.
Telenor stated that the facility is designed to help customers “understand their connected IoT product behavior before deployment”. The site will feature a Faraday Cage that can be used to test different networks and provide connectivity across Telenor’s Nordic operations.