Firstly, these organizations handle vast amounts of sensitive data related to their customers, such as personal information, financial data, and communication logs. Any breach of this information could lead to severe legal and reputational consequences.
Secondly, in the age of increased cyber threats and sophisticated attacks, ensuring identity security has become a critical aspect of protecting against cyber-attacks and data breaches. By implementing robust security protocols, these companies can safeguard their networks, applications, and data from unauthorized access and prevent cyber-attacks, which can result in substantial financial losses.
Therefore, identity security is of paramount importance to telecommunications conglomerates and media companies, as it helps them build and maintain trust with their customers, protects their reputation, and ensures regulatory compliance.