Crew members working on the set of an advertisement shoot in Bangkok, Thailand. Owing to rapid digitization, the CMT industry is exposed to a broad set of cybersecurity threats.
Photo: Pornchai Kittiwongsakul/AFP/Getty Images
Owing to rapid digitization, the communications, media and technology (CMT) industry, including the telecommunications sector, is exposed to a broad set of cybersecurity threats. According to the latest Marsh-Microsoft Global Cyber Risk Perception Survey, 13.5 percent of CMT companies reported that they have been a victim of cyberattacks in the past 12 months. Institutions in this space possess critical infrastructure and often act as conduits for critical information and transaction flows—for themselves and also for other sectors.
Furthermore, technology is outpacing the ability of CMT companies to manage, respond to and recover from cyberattacks. By way of example, CMT companies were found to be more confident of understanding and mitigating cyber risks than other industries on average….
