Undersea telcoms cables face growing risks-report

Investors should urgently diversify the web of undersea cables that serve as the world’s information and banking arteries to address soaring demand and piracy concerns and reduce the risk of catastrophic outages.So says a report by a multinational research project that calls for the building of global backup routes for the submarine network that carries almost all international communications, including financial transactions and Internet traffic.To read this Reuters report in full, see:

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