The document discusses signaling threats faced by mobile network operators (MNOs) in Latin America. It notes that the volume of attacks against an MNO depends more on how vulnerable the operator's signaling infrastructure is rather than the size of the country or operator. Attackers focus on opportunities that allow fast cashflow. The most common exploited threats identified are fraud, data breach, and subscriber denial of service attacks. MNOs without proper firewall protections can see 70% of incoming attacks successfully responded to by their networks. Security measures can reduce successful attacks to under 1%.