New VOIP vulnerabilities exposed

VOIPshield Laboratories has alerted companies that market VOIP systems of new security vulnerabilities, which, if successfully exploited, could affect brand reputation, internal productivity, and competitive advantage, says Secure Computing.

VOIPshield does not reveal specifics about the vulnerabilities to the public. "We don't want to give hackers information to work from," says Bogdan Materna, VOIPshield Laboratories chief technology officer.

Instead, under its disclosure policy, VOIPshield works with the VOIP vendors to assist them in reproducing the vulnerabilities in their labs.

A federal judge has denied an attempt by Revonet to terminate a lawsuit filed by Covad Communications Company contending that Revonet misappropriated Covad's VOIP customer lead information and sold this information to other customers. The case will now continue on its merits, reports Tech Whack.

"We are very pleased that the Court has allowed us to continue pursuing our objective of holding Revonet accountable for its actions," said Doug Carlen, Covad's senior vice-president and general counsel.

"Revonet apparently sold VOIP customer leads that we generated on our own to other companies, including our competitors. Because we made a considerable investment in the development of these leads, we felt compelled to take action."

The VOIP business is starting to gain some serious traction for the new wave of companies that are focused on using social networking to attract VOIP customers, states Dslreports.

Both Jajah and Jaxtr have closed deals recently that add between $10 million and $20 million of funding to their businesses.

Although they each decline to share information about their current revenue, predictions have been made that the VOIP business will be a $4.5 billion business within the next five or six years. Click-to-call widgets and mobile VOIP are some of the areas of biggest growth, although reduced calling costs remain the primary reason customers are drawn to VOIP.