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Telefónica Acquires Cyber Security Firm iHackLabs

Telefónica Acquires Cyber Security Firm iHackLabs Image Credit: iHackLabs

Telefónica Tech, through its cybersecurity company ElevenPaths, this week announced the acquisition of iHackLabs, a company specialised in cybersecurity training.

iHackLabs is a company that identifies, teaches, trains and validates the level of expertise of the next generation of cybersecurity professionals. It has different cloud-based training platforms and labs under a SaaS model that simulate real cyber threat situations adapted to the specific needs of companies and organisations of all kinds in multiple sectors.

 

It focuses especially on the offensive, defensive and forensic areas of cybersecurity and has, among other resources, platforms for training response teams to tackle incidents (known as Red/Blue teams: ethical hacking teams that simulate cyber-attacks and defend organisations from them). It also has platforms that replicate the full cycle of ransomware and denial-of-service attacks (DoS and DDoS) as well as a pentesting services unit.

With a presence in London and Madrid, iHackLabs collaborates with ElevenPaths since 2018, when it sees the great potential of its technological proposition and advises Wayra, Telefónica's global open innovation hub, on the investment in the company that same year.

Pedro Pablo Pérez, CEO of ElevenPaths
Our relationship with iHackLabs began a few weeks after it arrived in Spain at the beginning of 2018. We are always scouting for collaboration and investment opportunities and the capabilities of the platforms and solutions developed by their team are at the cutting edge of cybersecurity training.

Miguel Rego, CEO at iHackLabs
ElevenPaths has a team of highly qualified professionals and it understands that continuous training is necessary to stay ahead of the game and deal with increasingly frequent and diverse cyber threats.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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