telecommunications

The telecommunications sector presents its own unique risks that need both experience and technical expertise to understand and manage. As the sector and technology develops so must the understanding of the risks and the solutions to control and mitigate them.

elciem has developed a Strategic Risk Review process that is specifically focused on gathering, reviewing and presenting the information required to enable the knowledge gap to be bridged, enhance risk managers roles within their organisations and enable those not directly involved with the sector but integral to it, such as the insurance market, to understand the exposures.

The process typically includes:

• The identification of key business risks
• The quantification of these risks
• The determination of whether the level of risk meets the internal appetite for risk
• The development and implementation of risk management systems and procedures to bridge the gap between the current level of risk and the acceptable level of risk

The process can be applied to all areas within this sector including:

• switching and transmission facilities
• satellite earth stations
• cable landing stations
• IT data centres

as well as general facilities such as call centres, office complexes, warehouses and distribution facilities.

elciem has experience from working with large European organisations and our sector consultants have experience with working on large global telecommunications programs. We have developed protection standards, hosted sector seminars and presented at industry focused forums.