Characteristics of a consolidating industry

30 Apr

In addition, telecom firms must comply with regulations set by the Governance laws and regulation for privacy, and other standards (i.e.

International Telecommunication Union (ITU), Federal Communications Commission, Sarbanes-Oxley, the Gramm-Leach Bliley Act (GLBA), PCI-DSS and etc).

Facing a deluge of data A related development is that telecoms operators across the world are facing an explosion in the volume of data traffic across their networks.

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Extending broadband networks will accelerate this trend.This article is a second of part of Telecommunication Industry,titled Information Security Governance – Telecommunication Industry.The Telecommunications sector is characterized by robust competition, vast infrastructure requirements, and very short turnaround times for identifying threats and assessing and mitigating their associated risks in order to minimize network downtime.The investment necessary to meet these requirements can be significant, and telecom organization can realize substantial benefits by transitioning their risk and compliance efforts into a structured and controlled process.As the global economy stabilizes and the agenda turns toward growth, the telecoms industry finds itself at a defining moment in its evolution.