eSIM Subscription Market to Open up New Avenues for Telecom

DUBAI, United Arab Emirates, Dec. 06, 2022 (GLOBE NEWSWIRE) — The global eSIM subscription market net worth is estimated to be around US$ 980 Mn in 2023 and is anticipated to register at a significant CAGR of 30% from 2023 to 2033. The eSIM subscription market report estimates the growth in the overall valuation of the market up to US$ 13,510 Mn by 2032.

The growth of eSIM subscriptions in consumer electronic products is being driven by advantages including increased connection, high dependability, and better security. One of the key factors influencing the development, advancement, and revolution in a variety of technical services including eSIM subscriptions continues to be the consumer electronics sector.

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Again because switching cell phone network carriers is made simpler by features like eSIM 4G and 5G services, it would encourage more and more physical SIM card network providers to adopt and enter the eSIM subscription market competition.

It is anticipated that demand for eSIM subscriptions may increase and the hardware category would rise as a result of the rising tendency among smartphone makers to incorporate an eSIM within the handset. Additionally, eSIM allows for the management of M2M devices, many of which are totally remote and located, and it is projected that it will effectively hold the highest share of the market during the forecast period. The use of M2M and IoT technologies in automobile industries is also anticipated to increase the demand for eSIM subscriptions as a result. The GSMA Embedded SIM Specification, which will boost vehicle connectivity and pave the path for a fresh generation of linked cars, has just received support from the automotive sector and is anticipated that it would enhance demand for eSIM subscriptions from a number of connected services, enabling the industry to expand.

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Key Takeaways from the eSIM Subscription Market Study

  • Giesecke + Devrient Mobile Security GmbH…


Zimperium reveals new Android threat ‘the Schoolyard Bully’

Zimperium, the mobile security platform purpose-built for enterprise environments, has revealed details of a newly discovered Android threat campaign that has been stealing Facebook credentials from unsuspecting users since 2018.

The Zimperium zLabs threat research team recently discovered and named the Schoolyard Bully Android trojan, which it found in numerous educational applications that have been downloaded from the Google Play Store and third-party app stores by more than 300,000 victims to date, according to a statement from the company.

Applications hiding the Schoolyard Bully trojan and its malicious code have been removed from the Google Play Store, but are still available on third-party app stores.

These applications are often disguised as legitimate, educational applications with a wide range of books and topics for students to consume, but are capable of stealing details including a users name, email, phone number and password.

Richard Melick, Director of Mobile Threat Intelligence at Zimperium, says, “Attackers can cause a lot of havoc by stealing Facebook passwords. If they can impersonate someone from their legitimate Facebook account, it becomes extremely easy to phish friends and other contacts into sending money or sensitive information. It’s also very concerning how many people reuse the same passwords.

“If an attacker steals someone’s Facebook password, there’s a high probability that the same email and password will work with banking or financial apps, corporate accounts and so much more.”

The Schoolyard Bully trojan primarily targets Vietnamese language applications, but has been discovered in 71 countries so far, illustrating the broader-reaching geographic impact of this campaign. However, the actual number of countries where Schoolyard Bully is active could be even higher and could continue to grow because applications are still being found in third-party app stores.

The malware uses native libraries to hide from the majority of antivirus and machine learning virus detections, and uses the same technique with a native library named to store the command and control data. The data is further encoded, to hide all the strings from any…


Samsung releases December 2022 security update, starting with Galaxy S20

Since Samsung was so focused on rolling out the Android 13 update, it delayed the release of the December 2022 security update by a few days. However, the company has now started rolling out the new security update, starting with the Galaxy S20 series in Europe.

The new software update for the Galaxy S20, Galaxy S20+, and Galaxy S20 Ultra bears firmware version G98xBXXSFGVK7. The update is currently available in Austria, Bulgaria, Croatia, France, Germany, Greece, Hungary, Italy, Luxembourg, Poland, Portugal, Romania, Slovakia, Slovenia, Southeast Europe, Spain, Switzerland, the Baltic region, the Czech Republic, the Netherlands, and the UK.

The December 2022 security patch includes fixes for 67 security vulnerabilities found in Android smartphones. It also includes fixes for 26 vulnerabilities found in Samsung’s Galaxy smartphones and tablets. Five of those vulnerabilities have been marked as critical, while 63 vulnerabilities have been termed as ‘high’ priority. Twelve vulnerabilities from the list are marked as ‘moderate’ in Samsung’s monthly security bulletin.

If you are a Galaxy S20 series user and reside in any of the European countries or regions mentioned above, you can download the new software update by navigating to Settings » Software update and tapping Download and install. You can also choose to download the new firmware file from our firmware database and flash it manually.

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Google Password Manager is taking over this key Chrome security function

After months of speculation, Chrome 108 looks to be rolling out an updating passwords interface for Android users.

According to 9To5Google (opens in new tab), Google is replacing the Android browser’s native credentials list with its multi-platform Google Password Manager.