SHIELD is an EU-funded project, targeting at the design and development of a novel cybersecurity framework, which offers security-as-a-Service in an evolved telco environment. The SHIELD framework leverages NFV (Network Functions Virtualization) and SDN (Software-Defined Networking) for virtualization and dynamic placement of virtualised security appliances in the network (virtual Network Security Functions – vNSFs), Big Data analytics for real-time incident detection and mitigation, as well as attestation techniques for securing both the infrastructure and the services. This papers discusses key use cases and requirements for the SHIELD framework and presents a high-level architectural approach.