Telefonica, S.A. TEF recently teamed up with the Greater Miami Chamber of Commerce to elevate the latter’s cybersecurity framework. TEF’s comprehensive suite of cybersecurity services aims to empower the Chamber with unparalleled protection while enabling it to focus on its core mission of driving business growth and development in Miami.

The partnership focuses on three critical areas of cybersecurity — Managed Detection and Response (MDR), Digital Forensics and Incident Response (DFIR) and Digital Risk Protection (DRP). These services are designed to provide end-to-end protection, including device management, ongoing monitoring, remote maintenance and monthly reports outlining security status and threat mitigation efforts.

In-Depth Analysis of TEF’s Cybersecurity Services

TEF’s MDR ensures continuous monitoring of the Chamber's security systems to detect and neutralize potential threats proactively. Leveraging a global network of 11 Security Operations Centers, including one in the United States, MDR delivers 24/7 protection. By identifying and mitigating threats before they cause harm, the Chamber’s cybersecurity defenses are strengthened against even the most sophisticated cyberattacks.

Cyber incidents require not only immediate response but also in-depth investigation to prevent recurrence. The DFIR service studies incidents in detail, developing a comprehensive response strategy to minimize risks and bolster the Chamber’s defenses. 

Apart from technical attacks, organizations face threats that can damage their reputation, such as data breaches, identity theft and online fraud. TEF’s DRP service addresses these risks by monitoring the public web, deep web and dark web for potential threats to the Chamber’s reputation or sensitive data. This proactive surveillance helps identify and mitigate risks to its reputation, ensuring the organization remains secure in the digital landscape.

Telefonica’s reputation as a global leader in cybersecurity stems from its vast experience and unparalleled expertise. With over 6,800 professionals from 60 nationalities and more than 5,000 certifications in third-party technologies (including 1,500 in cybersecurity operations), the company is well-equipped to handle the most complex security challenges. Each year, these professionals process 350,000 security event tickets and about 500,000 alerts (including 13,000 critical incidents). This extensive experience allows the company to deliver scalable, high-impact security solutions tailored to the unique needs of its clients.

Telefonica SA Price and Consensus

Telefonica SA price-consensus-chart | Telefonica SA Quote

Madrid, Spain-based Telefonica provides mobile and fixed communication services in Europe and Latin America. In recent years, Telefonica has invested heavily in the deployment and transformation of its network to provide excellent connectivity in terms of capacity, speed, coverage and security.

Unfavorable currency fluctuations amid consistent growth in its Telefonica Tech and Telefonica Infra divisions affect the company’s performance. In the last reported quarter, revenues fell 2.9% year over year to €10,023 million ($11,061 million).

TEF’s Zacks Rank & Stock Price Performance

TEF currently carries a Zacks Rank #2 (Buy). Shares of the company have gained 6.1% in the past year against the industry’s decline of 7.8%.

Image Source: Zacks Investment Research

Other Stocks to Consider

Some other top-ranked stocks from the broader technology space are Plexus Corp., Inc. PLXS, Workday Inc. WDAY and InterDigital, Inc. IDCC. IDCC & PLXS presently sport a Zacks Rank #1 (Strong Buy), whereas WDAY carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks. It has a long-term growth expectation of 17.44%

Plexus is a leading provider of electronic contract manufacturing services to OEMs in a wide range of industries, including Healthcare/Life Sciences, Industrial and Aerospace/Defense market sectors. In the last reported quarter, PLXS delivered an earnings surprise of 20.92%.

WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system, making it easier for organizations to provide analytical insights and decision support. In the last reported quarter, it delivered an earnings surprise of 7.36%.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Telefonica SA (TEF) : Free Stock Analysis Report

Plexus Corp. (PLXS) : Free Stock Analysis Report

InterDigital, Inc. (IDCC) : Free Stock Analysis Report

Workday, Inc. (WDAY) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research