- Telefónica Tech partners with SpyCloud to strengthen identity protection for enterprises and public institutions.
- The collaboration enhances cyber intelligence offerings amid a rise in identity-based cyber threats.
What happened: Telefónica Tech teams up with SpyCloud to expand its cyber intelligence services, offering advanced protection against identity-related attacks
Telefónica Tech, the digital business division of Telefónica, has announced a strategic partnership with SpyCloud, a US-based leader in identity protection solutions. This collaboration aims to deliver enhanced cyber intelligence services, particularly around safeguarding identities compromised in data breaches and malware attacks. Telefónica Tech will integrate SpyCloud’s solutions into its managed security services portfolio, providing real-time protection for both enterprise and public sector clients.
SpyCloud is known for its ability to recover stolen identity data before criminals can exploit it, offering critical intelligence that supports proactive defence measures. According to Telefónica Tech, the agreement will allow clients to detect exposed employee or customer credentials and respond swiftly to mitigate potential damage. María Jesús Almazor, COO of Telefónica Tech for cybersecurity and cloud, said the partnership reinforces Telefónica’s commitment to protecting digital identities “at a time when cyber threats are increasingly sophisticated.”
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Why it’s important
Identity-based attacks are rapidly growing, with Verizon’s 2024 Data Breach Investigations Report highlighting that over 60% of breaches involve stolen or compromised credentials. Telefónica Tech’s move to integrate SpyCloud’s technologies is a significant step towards closing the gap in early breach detection and identity recovery. By bringing in real-time, actionable intelligence, Telefónica Tech strengthens its position in the European cybersecurity market, which, according to Statista, is projected to reach €68 billion by 2027.
This proactive approach deserves praise, especially as attackers increasingly target not just corporations but critical infrastructure and public institutions. SpyCloud’s expertise in remediating malware infections and recovering stolen cookies and session tokens adds an extra layer of depth that most traditional cybersecurity solutions lack. Telefónica Tech’s investment in advanced threat intelligence not only protects its customers but also enhances broader digital trust across Europe’s growing digital economy.
