Volumetric attacks can cripple network availability, halting emergency services (112/911), grounding business operations, and severing connectivity for entire regions.
Major data breaches, such as theft of Call Detail Records or other personal information, severely damage customer trust and trigger large-scale subscriber discontent. In a highly competitive market, trust is the only commodity and competitive differentiator.
Under strict regimes like NIS2, service outages and data breaches attract massive fines and can lead to the personal liability of C-level executives.
A compromised Telco network is often used as a "backbone" to attack financial institutions (via SMS 2FA interception) or government agencies.
Adopted in 2022 and applicable from January 2025, DORA establishes a unified EU framework for ICT risk management in financial entities. It mandates incident reporting, digital resilience testing, third-party risk oversight, and governance accountability for operational continuity.
Entered into force in January 2023, with transposition required by October 2024, NIS2 expands cybersecurity obligations across essential sectors, including finance. It requires risk management measures, mandatory incident reporting, supply chain security, and executive-level accountability.
Effective since 2018, PSD2 regulates electronic payments in the EU and introduces strong customer authentication (SCA). It mandates secure APIs for open banking, enhances consumer protection, and enforces controls to reduce fraud in digital payment services.
Enforced since May 2018, GDPR governs the processing and protection of personal data across the EU. It mandates lawful data handling, breach notification within 72 hours, data subject rights and significant penalties for non-compliance, up to 4% of global turnover.