why the safety of your data is imperative.your data obligations as a telecoms provider.This article includes a detailed list of 10 cloud hosting providers. If you’re in the early stages of setting up a telecoms company or are an established provider contemplating the transition to cloud-based software, there are a few points for you to consider. This new law comes into effect in May and means that no matter your size, data security should be top of your agenda.Ĭloud technology solutions are the safest, most efficient and affordable options for SMEs to safely store business and client data for the long term. If the startling cybercrime statistics above haven’t convinced you, then the new General Data Protection Regulation (GDPR) will. That’s 19,000 per day.Īnd with figures from the same report stating that an average cybercrime incident costs an SME victim nearly £3,000, that’s a whopping £57m that small businesses are potentially losing to inadequate data protection and storage every day.Īs a small telecoms provider, you might think a focus on data storage and protection only applies to larger organisations and that you are off the hook. A recent report from the Federation of Small Businesses (FSB) found that an eye-watering seven million cyber crimes are committed against smaller UK businesses each year as cyber criminals believe them to be softer targets.