TECHNOLOGY & TELCO

SECURING THE TECHNOLOGY & TELCO
INDUSTRY AGAINST CYBER THREATS

The telecommunications sector plays a critical role in connecting the world, but its prominence also makes it a prime target for cyber criminals. In recent years, the industry has experienced a significant rise in cyber attacks, positioning it as one of the most vulnerable sectors.

BE CYBER SMART, NOT CYBER SORRY!

Telco and technology companies face significant challenges in regards to cyber threats. The extensive interconnected networks of the telecommunications industry make it a lucrative target for cyber criminals, who can cause widespread damage with minimal effort. The sector's reliance on legacy systems leaves them vulnerable to persistent threats, necessitating urgent modernization. Telecom providers store vast amounts of valuable data, making them attractive to malicious actors seeking financial gain.
With the adoption of advanced technologies like 5G and IoT, the threat surface expands, exposing potential vulnerabilities. Additionally, the human factor poses risks, with insider threats and lack of awareness leading to security breaches. Supply chain risks, IoT vulnerabilities, DDoS attacks, and cloud security concerns add to the complexity of safeguarding telco and tech companies from cyber threats. Proactive measures, including employee education and strong security practices, are crucial in mitigating these risks and protecting both the industry and its customers.

CYBER ATTACKS CAN CAUSE SIGNIFICANT DAMAGES

Loss or Theft of
Sensitive Information

Financial damage and
fines

Reputation damage

Loss of customer trust
and loyalty

Legal consequences

Disruption of
business operation

ARE YOU COMPLIANT?

Telco and technology companies, compliance with cybersecurity regulations is of utmost importance due to the industries' vulnerability to cyber attacks and their role in critical infrastructure provision. Telco and technology companies are regulated under the Department of
Department of Infrastructure, Transport, Regional Development and Communications Telecommunications Act 1997 and the Privacy Act 1988 are among the Acts regulating these sectors, along with other laws related to cybersecurity in Australia, such as the Crimes Act 1914 (Cth), Security of Critical Infrastructure Act 2018 (Cth), Code (Cth), Failure to comply with these regulations could lead to severe consequences, including service disruptions and data breaches. The Australian Cyber Security Centre's warning in 2020 about cyber attacks targeting telecom companies further emphasises the need for stringent compliance measures in the face of ongoing cyber threats.

WE IDENTIFY THE RISKS AND DEVELOP TAILORED SOLUTIONS

If you are part of the private sector that requires an uplift to your cyber security posture, then you are at the right place. Our team at CISO Online are here to uplift your cyber security maturity by taking a structured, systematic risk-based approach and make your business as secure and safe as possible. Our experienced cyber security advisory consultants will work with you to understand your concerns.
Our team of experts will work closely with you to IDENTIFY VULNERABILITIES, ASSESS SECURITY RISKS, and provide TAILORED SOLUTIONS to ensure you meet the regularity requirements for Critical Infrastructure. Ready to uplift your cybersecurity? Read more
If you work in or with the Australia Government, then you are required to comply with The Essential 8. This is a set of mitigation strategies developed by the ACSC that provides the building blocks for a robust cybersecurity strategy. What to know more about The Essential 8? Read more

Talk to an Expert

DON'T LEAVE YOUR ORGANISATION'S SECURITY TO CHANCE.

Ready to take control of your cybersecurity? Talk to an Expert

IT’S NOT ABOUT IF YOU FACE A CYBER ATTACK! IT’S ABOUT WHEN!

The Medibank cyber breach, caused by compromised login credentials sold to the REvil group, led to the theft of personal data from 9.7 million customers, along with health claims data from thousands of customers. Despite the hackers' demands for ransom, Medibank refused to pay, resulting in data dumps being released. Legal consequences followed, with a class-action lawsuit and a complaint to the Australian Information Commissioner. The breach cost Medibank between $25 million and $35 million. This incident highlights the urgency for robust cybersecurity measures to safeguard against such threats.