Telecommunications Services of Trinidad and Tobago CEO Lisa Agard has apologised over the data breach that has compromised the information of hundreds of thousands of customers.
Agard broke her silence on the issue, which Prime Minister Dr Keith Rowley called a “security threat”, at a virtual briefing with the company’s bondholders and analysts yesterday.
Agard apologised to the more than a million customers of the majority state-owned telecommunications provider, whose data was stolen by cybercriminals in last month’s breach of its databases.
Responding to questions on the matter, Agard admitted that TSTT could have done better in communicating the cyberbreach to its stakeholders.
“We were so busily focused on identifying the problem, containing it and restoring full capability to serve our customers that we neglected, perhaps, to communicate effectively with them,” Agard said.
“This was not done with malice, but rather from a place of ensuring that the most accurate information was communicated at the time it became known,” she added.
Agard said initially, most of the customer complaints surrounded connectivity, the inability to pay bills online and the management of queries. The telecommunications executive said the company focused on addressing these issues, with its teams working around the clock to get customers securely back online.
“In hindsight, we should have also ensured that we kept our valued customers better informed and educated about this situation,” she said.
Giving a timeline of TSTT’s response, Agard said as soon as the data breach was publicised on October 28, the company launched an investigation to verify the claims and corroborate the information that was in the public.
“Checking the data against TSTT’s many databases was an extensive process and this guided us in terms of the information that we communicated to the public and to our other stakeholders,” the TSTT CEO said.
Additionally, Agard identified the international company that was hired by TSTT to determine the method used by the hackers.
“At this time, we have identified two possible hypotheses with respect to the path that the threat actors took but we are awaiting the completion of the investigation by our international cybersecurity expert, Check Point, before we can determine definitively what occurred,” she said.
She further noted that TSTT has taken steps to prevent any future threats to customers, having also engaged local cybersecurity company, CyberEye, which was launched last year to protect companies’ data.
CyberEye, Agard noted, is affiliated with Crossword Cyber Security PLC in the UK and was contracted to do root cause and log analysis, secure re-enablement, assess the effectiveness of TSTT’s current cybersecurity controls for protecting information assets against cyber threats, and threat monitoring and detection.
“From the onset, we isolated our systems and applications from the hackers. These applications were subsequently quarantined, rebuilt and put back into production. The international cybersecurity experts and partners advised us on the implementation of appropriate additional security measures and protocols, which, of course, you can appreciate I cannot be specific about, and we have already begun implementing further aggressive preventative actions to ensure no reoccurrence and to improve the company’s security posture,” she explained.
TSTT was the victim of a cyberattack on October 9. The incident was made public by cybersecurity firm FalconFeeds.IO, which reports on global data breaches. According to its post on October 27 to X, formerly Twitter, TSTT and its subsidary Bmobile were compromised by ransomware group Ransomexx, with six gigabytes of data stolen and dumped on the Dark Web.
However, on October 30, Minister of Public Utilities Marvin Gonzales said this information was simply “not true”. TSTT also issued a statement on the same day saying hackers attempted to break into its cybersystems but were unsuccessful. Less than a week later, the minister was forced to retract his statement, as he admitted that the attack took place and ordered an independent investigation.
Some of the information of Prime Minister Dr Keith Rowley was also dumped on the Dark Web by the hackers. Rowley has since advised TSTT that the breach should be treated as a matter of national security.
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