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Ferrum Technology Services has been serving the Elgin area since 2007, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

How Can T-Mobile’s Security Woes Help Your Efforts?

How Can T-Mobile’s Security Woes Help Your Efforts?

Bad news for T-Mobile users, they’ve suffered another data breach. Hackers have gained access to customer data for nearly 37 million individuals, including both pre-paid and subscription-based accounts. Let’s look at what has happened and what knowledge you might apply to your own network security practices.

Why Did This Happen Again?

This hack occurred thanks to a tactic known to target the Application Programming Interface, or API. The API is code that allows an application to connect to the Internet and communicate with other applications. For example, some smart appliances and devices might make use of APIs for their core functionality.

APIs tend to be secure, but they are, of course, not fail-safe, as this breach showcases. Sensitive information was leaked as a result of the T-Mobile data breach. Despite this grim news, take heart knowing that financial information was not exposed or stolen.

T-Mobile discovered this hack on January 5th, but by then, the hack had been active for about one month. The API informed companies using it on November 25, 2022, leaving a clean near-two months between the notification date and the resolution date of January 19th. According to the company, “the malicious activity appears to be fully contained at this time.”

What Can You Learn from This Incident?

T-Mobile has a track record of suffering from data breaches, including attacks in 2021, 2020, 2019, 2018, and 2015, leading to millions of dollars in settlements. The unfortunate truth of the matter is that network security issues are preventable and costly, so you should do all you can to ensure they don’t bring about challenges for your business.

Granted, API attacks are difficult to identify and resolve, which is why it’s important to identify potential signs of attacks as soon as possible. You can save your business a whole lot of headaches and capital in the process. To learn more about how you can keep these types of attacks from harming your business, call us today at (847) 697-3282.

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Thursday, 21 November 2024

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