Considering the high number of activities in the telecommunications industry, identifying a small number of targeted fraud activities can be very challenging.
The sustainability of the digital environment and ecosystem depends largely on the trust it provides to its stakeholders. Services such as telecom, cloud, and road may be visible in the data they process, but it becomes a major concern if the service provider is unreliable.
“Because of global trade agreements, it will be difficult to ban products from any particular country based on logic,” Varkey said. “Given the indications, ensuring proper maintenance and regulatory orders in the telecom network infrastructure and the governance processes that follow it are essential.”
Impact of FCC actions
The FCC has taken steps to restrict companies such as China Mobile and China Telecom from operating in the US due to national security concerns.
“However, there are still gaps that need to be addressed,” said Sanjaya Kumar, CEO of SureShield. “One key gap is the lack of periodic review of existing mandates. The FCC does not currently have a process for regularly evaluating the national security risks associated with carriers already licensed to operate in the US. “
This means that once a company is authorized, there is limited oversight unless the company seeks a conversion, share, or transfer of control. Additionally, there are broader cybersecurity challenges that need to be addressed.
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