European cybersecurity toolkit and report on the Italian telecom market

LawBytes Halloween edition deals with the latest European cybersecurity toolkit and the thrilling report on the Italian telecom market which reveals interesting insights.

CyberSecurity – Hack or treat? The awareness month has come to an end

Hurry up! Today – 31 October 2018 – is the last day of the European Cyber Security Month (ECSM), an EU awareness campaign that promotes cyber security among citizens and organizations about the importance of information security.

During the whole month several initiatives have introduced the simple steps that can be taken to protect our data, whether personal, financial and/or professional.

The Campaign is backed by the European Union Agency for Network and Information Security (ENISA), the European Commission DG CONNECT and several Partners.

In case you missed the ECSM monthly activities don’t worry, you can still access the multiple resources deployed each October to:

  • Practice Basic Cyber Hygiene
  • Recognize Cyber Scams
  • Stay tech wise and safe with the latest emerging technologies.

With the upcoming AI and IoT technologies processing data at 5G speed, there is an absolute need for higher security standards and the recent introduction of the European NIS Directive and the newly revised ISO/IEC 27005:2018 clearly underline the global rush to boost the overall level of cybersecurity (Read on the same topic “The Internet of Things and Cybercrime – what risks?“).

Telecom – AgCom report reveals the situation in Italy

The Italian Communication Authority recently published a comprehensive report providing an overall economic analysis of the main electronic communications providers operating in the Italian market in the last 4 years (2013-2107).

According to the report, the overall estimated revenues to be generated in 2019 is 31.7 billion, (5.4% less than in 2013) and the employment rate is constantly diminishing of 0.6 % each year.

While the statistical data collected may be considered partially undermined by the recent M&A deal between 2 major telecom operators in Italy, it is interesting to note that after a critical period (around 2013 and 2015), the recovery and profitability rates are starting to grow and companies are investing in Italy.

Recently in fact the Italian government raised 6.6 billion euros, (about $7.8 billion) for the 5G mobile spectrum auction.

My view is that although the slow growth position of the Italian market, considering the arrival of newcomers and the large investments reached for 5G, there are great possibilities that the market will expand as soon as possible and companies should better be ahead to face this challenge.

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Tommaso Ricci

Tech addict and privacy geek, working with Giulio Coraggio in the Intellectual Property and Technology Department of DLA Piper. I write about latest news in the legal-tech framework to help intercept the trends and gain a competitive edge in the market.

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