The global Security and Intelligence Area has the backing of the Company’s management and reports to the Board of Directors through the Sustainability and Regulation Committee and the Audit and Control Committee. It also coordinates with the local security departments, as shown in the following diagram:
The Global CSO leads the development and monitors the implementation of the Global Security Policy and global security initiatives. The Global CSO nominates a local security manager at each Telefónica Group company. The nominations are submitted for a decision from the corresponding company’s management bodies.
Telefónica has a Global Security Committee chaired by the Global Director of Security and Intelligence, with the participation of local Security Officers and other corporate areas, when deemed appropriate.
There are also local and functional Security Subcommittees, chaired by the corresponding Security Officers, which follows the guidelines established at a global level.
Telefónica organizes a Security Summit that brings together highly regarded experts from different areas of security.