Etisalat, Singtel, SoftBank and Telefonica signed an agreement to create the first Global Telco Security Alliance to offer cyber security services to enterprises.
The alliance will offer cyber security products to more than 1.2 billion customers in over 60 countries across Asia Pacific, Europe, the Middle East and the Americas.
Through their combined resources and capabilities, the group can protect enterprises against the rising cyber security risks as the information security environment becomes increasingly complex.
Who’s driving cyber security alliance
# Francisco Salcedo, senior vice president at Etisalat Digital
# Art Wong, chief executive officer of Global Cyber Security at Singtel
# Andrew Schwabecher, head of the Cloud & Cyber Security Division at SoftBank
# Pedro Pablo Perez, VP Security at Telefonica
Telecom operators of the alliance aim to achieve operational synergies and economies of scale that will help lower costs for their customers. The group’s members operate 22 Security Operation Centres (SOCs) and employ more than 5,000 cyber security experts.
The group will share network intelligence on cyber threats and leverage their reach, assets and cyber security capabilities to serve customers.
The members will look into the possibility of developing new technologies such as predictive analytics using machine learning and advanced cyber security for the Internet of Things.
The alliance will also consider developing a joint roadmap for the evolution of their cyber security portfolios and explore joint investments in security products and services, SOCs, platforms, start-ups and R&D.
