According to Anthony Laing, GM of networking at NEC XON, telcos and ISPs carry valuable data, making them a target for cyber criminals.
Cyber criminals have historically targeted banks and financial institutions due to the direct access to high-value data, including personal and payment details.
Financial institutions have responded by building robust cyber security systems, making them one of the most fortified industries, with sophisticated threat detection and compliance with strict regulatory standards.
A new tier of cyber crime targets is emerging, and telcos and ISPs must prioritise cyber security to protect themselves and their customers.
Author's summary: Telcos and ISPs must prioritise cyber security now.