Ukraine's biggest mobile network operator was hit on Tuesday by what appeared to be the largest cyberattack of the war with Russia so far, knocking out mobile and internet services for millions and the air raid alert system in parts of Kyiv region.
A new study by Juniper Research has found operators will generate $27 billion from the termination of SMS messages related to multi-factor authentication in 2022; an increase from $25 billion in 2021. The research predicts this 5% growth will be driven by increased pressure on digital service providers to offer secure authentication that reduces risk of data breaches and protects user identity. Multi-factor authentication combines multiple credentials to verify a user or transaction. This includes sending an SMS that contains a one‑time password or code to a user’s unique phone number.