Telco spending on cybersecurity will have a compound annual growth rate of 11.9% between 2018 and 2022, IDC says. The telecommunications industry is under more frequent attack by actors such as China and North Korea, according to CrowdStrike’s Global Threat Report 2020. Telcos are increasingly moving away from proprietary systems to commercial routers, switches, and servers. Some telcos are adopting public and private cloud services things like private cloud for hosting their network functions virtualization (NFV), and services that meld inhouse and third-party cloud capabilities.”]
Source: https://www.darkreading.com/cloud/telcos-become-richer-hacking-targets