Telecommunications is the critical link which distributes data and information without limitation of borders and needs to comply with specific cross border regulations as a result.
As an industry which provides communication facilities to all facets of human life, it requires heavy capital outlay and constant upgradation to be able to meet he demands of its customers as well as governmental regulators.
The complexity involved in implementation of its systems for obtaining spectrum, number ranges, SIMs and assigning IMSI and activating it for its subscribers makes it a formidable domain to understand and audit.
The combination of offers to its subscribers, type of products, consumption of call time and data while recording its revenue makes it amongst the most complex infrastructures to implement, monitor and maintain as a result of high level of automation.
Demands from regulatory authorities for Cybersecurity Compliance and for providing of Legal Intercept information requires TSPs to retain and share data and report breaches within a specified timeframe with regulators and law enforcement agencies.
The recent compliance notification from the Government of India to Telecom Service Providers (TSP) in relation to use of Trusted Product has designated the National Cybersecurity Coordinator as the Designated Authority (DA) for monitoring and implementing the changeover of the TSPs equipment. A Nodal officer needs to be appointed by the TSP for providing the information requested by the DA.
With a combined experience of more than a decade with the Telecommunications industry, Thynkfinn provides the right combination of experience and capability to help your organization with various aspects of Due diligence, Internal Audit, Data Privacy and Information Technology reviews specific to the industry.