Telecom Industry
Mitigate Cyber Risk, Strengthen Compliance, and Ensure Resilience
Telecom Industry
Measure Your Program Outcomes
- 90%
reduction in time taken to manage compliance activities
- 37%
cost saving in cyber risk assessment and related processes
- 67%
improvement in visibility of risk due to efficient reporting
Deepen Risk and Compliance Visibility and Streamline Processes
Multiple challenges such as the heightened risk environment, regulatory and compliance pressures, and increasing privacy and security incidents, are continuing to impact telecommunications service providers. 5G and the upcoming 6G will bring in additional compliance requirements that require connected risk and compliance programs. MetricStream software enables telecom organizations to adopt a connected approach to enterprise and cyber risk management programs, ensuring compliance against the myriad of regulations, while reducing risk incidents. Automate risk and compliance assessments from one central location, enabling 360-degree view of risk and compliance posture. Quickly prioritize risk mitigation actions and centrally manage policy and compliance activities.
How MetricStream Software Solutions Help You
Proactively Strengthen Cyber Risk and Resilience
Get a real-time view of risks across the enterprise and quantify risks in monetary terms. Enable decisions at speed with a single risk score and the weighing up of the costs of different risk strategies. Leverage the integrated solution comprising of cyber risk, cyber compliance, vendor risk, policy, cyber risk quantification, and threat and vulnerability management to simplify data aggregation from internal and external systems, provide capabilities to assess and mitigate risks, and effectively manage compliance requirements.
Streamline Integrated Risk Management
Turn the multiple types of risks faced by your organization into a strategic advantage with an integrated approach to risk management. Gain better risk visibility by automating and integrating various risk management processes that are critical for telecom organizations. Gain a real-time aggregated view of risks across the organization. Automate and optimize risk identification, assessment, management, and risk mitigation and drive risk-informed decisions to ensure that there is effective management of current and emerging risks.
Effectively Manage Third-Party Risk
Effectively manage the risks associated with third parties and gain a wide range of benefits including significant monetary gains and greater competitive advantage. Gain end-to-end third-party risk management functionality to automate information gathering, onboarding, risk and compliance assessments, real-time monitoring, risk mitigation and offboarding. Reduce risk exposure by proactively managing third parties. Save time, improve efficiencies, gain real-time insights into risk posture, and use the intelligence to make smart business decisions.
Ensure Regulatory Compliance
Effectively manage the constantly changing regulatory requirements and adhere to compliance requirements of governing bodies such as the FCC, CTIA, and NCTA. Track and manage changing regulatory obligations, implement policies to ensure compliance, perform compliance assessments, and perform control testing to understand compliance posture. Spend less time on manual tasks and more time strategizing through optimizing internal resources and aligning policies, standards, controls, and regulations to eliminate inefficiencies.
How MetricStream Benefits Your Business
- Gain real-time visibility into cyber risks and threat exposure as well as mitigation measures through risk quantification and contextual risk information from across processes and assets
- Build confidence with regulators and executive management by demonstrating a robust, enterprise-level approach to risk, compliance management and business resilience
- Improve risk driven decision-making and gain forward looking risk visibility across the enterprise
- Proactively manage third party risks by automating onboarding, due diligence, continuous monitoring, off-boarding and more
Related Resources
Frequently Asked Questions
Telecommunications companies face heightened exposure to cyber threats, privacy risks, third-party vulnerabilities, and complex regulatory environments governed by bodies such as the FCC, CTIA, and NCTA. Increasing data volumes, IoT proliferation, and evolving compliance mandates are pushing the limits of traditional risk and governance models. As 5G expands and 6G looms on the horizon, telecom providers must manage the risks that accompany expanding networks, services, and ecosystems at a pace that traditional GRC approaches cannot sustain.
MetricStream's Cyber GRC solution gives telecom organizations a real-time view of cyber risks across the enterprise, enabling them to quantify risks in monetary terms and make decisions at speed using a single risk score. The integrated solution covers cyber risk, cyber compliance, vendor risk, policy management, cyber risk quantification, and threat and vulnerability management, simplifying data aggregation from internal and external systems, supporting risk assessment and mitigation, and ensuring effective compliance management.
MetricStream's Regulatory Compliance solution helps telecom operators stay ahead of constantly changing regulatory requirements from bodies such as the FCC, CTIA, and NCTA. The platform enables teams to track and manage changing regulatory obligations, implement policies to ensure compliance, perform compliance assessments, and conduct control testing, spending less time on manual tasks and more time strategizing by aligning policies, standards, controls, and regulations to eliminate inefficiencies and strengthen governance.
MetricStream's Third-Party Risk Management solution helps telecom organizations attain end-to-end third-party risk management functionality, automating information gathering, onboarding, risk and compliance assessments, real-time monitoring, risk mitigation, and offboarding. The platform reduces risk exposure by proactively managing third parties and streamlining processes, helping organizations save time, improve efficiencies, gain real-time insights into risk posture, and use that intelligence to make smarter business decisions.
MetricStream's Enterprise Risk Management solution helps telecom companies manage and mitigate diverse and complex risks through an integrated approach to enterprise risk management. The platform automates and integrates critical risk management processes, provides a real-time aggregated view of risks across the organization, and drives risk-informed decisions, ensuring effective management of current and emerging risks in a fast-moving, interconnected telecommunications landscape.
MetricStream helps telecom organizations build confidence with regulators and executive management by demonstrating a robust, enterprise-level approach to risk, compliance management, and business resilience. The platform's unified GRC capabilities enable organizations to consistently meet regulatory expectations, produce audit-ready evidence of compliance posture, and respond quickly and accurately to regulatory inquiries, strengthening trust with the FCC, CTIA, NCTA, and other oversight bodies.
According to MetricStream customer responses and the GRC Journey Business Value Calculator, telecommunications organizations using MetricStream have achieved a 90% reduction in the time taken to manage compliance activities, a 37% cost-saving in cyber risk assessment and related processes, and a 67% improvement in visibility of risk due to efficient reporting. These outcomes reflect the platform's impact on reducing operational burden and improving risk decision-making across the enterprise.
As telecom operators expand 5G networks and manage the proliferation of IoT devices, the risk surface grows significantly, introducing new cyber vulnerabilities, privacy risks, and compliance obligations. MetricStream's connected GRC platform helps telecom organizations gain real-time visibility into these evolving risk exposures, aggregate risk data from across their networks and ecosystems, and apply risk quantification to prioritize mitigation investments in the areas of highest criticality.
AI capabilities in MetricStream's telecom GRC solution improve risk-driven decision-making and deliver forward-looking risk visibility across the enterprise. AI automates assessments, simplifies regulatory adherence, and enables risk quantification, helping telecom operators accelerate decision-making, enhance transparency, and build resilience across their networks, partners, and customers. Machine learning-driven insights help teams identify patterns in risk data and act on emerging threats before they escalate.
MetricStream's Third-Party Risk Management solution helps telecom organizations proactively manage third-party risks by automating the full vendor lifecycle, from onboarding and due diligence through continuous monitoring and offboarding. The platform provides real-time insights into third-party risk posture and uses the intelligence gathered to support smarter business decisions. According to MetricStream customer responses and the GRC Journey Business Value Calculator, organizations have achieved a 37% cost-saving in cyber risk assessment and related processes, which includes third-party cyber risk.
