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Stock impact report

TELUS advances cyber protection for North American businesses with acquisition of Vumetric [Yahoo! Finance]

Telus Corporation Ordinary Shares (TU) 
Last telus corporation ordinary shares earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: telus.com/en/about/investor-relations
Company Research Source: Yahoo! Finance
VANCOUVER, BC May 7, 2024 /CNW/ - TELUS Corporation ("TELUS"), a world-leading communications technology leader, today announced the successful acquisition of Vumetric Cybersecurity ("Vumetric"), a leading cybersecurity provider specializing in advanced penetration testing designed to identify cyber vulnerabilities and threats to companies across Canada and North America With an escalating number of cyber threats and the global cost of data breaches n ow averaging $4.45 million USD, a 15% increase over the last three years, it's more important than ever that businesses are equipped with technology to defend themselves. Business risks posed due to poor security management include loss of data integrity, data loss, service availability and increased risk of non-compliance, leading to overall brand and reputational damage. TELUS is enhancing its security services portfolio, which includes Advisory Services, Cloud Security, Network Security, and Cyber Defence, through the integration Show less Read more
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