Security Market Segment LS
Monday, 13 January 2020 11:00

Macquarie Telecom inks $20m security services deal with ATO Featured

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Telecommunications and data centre provider Macquarie Telecom has inked a $20 million deal to provide security services to the Australian Taxation Office.

The deal includes the provision of Secure Internet Gateway (SIG) and cyber security services estimated to be worth approximately $20 million over the initial 3-year term of the agreement.

The Secure Internet Gateway is a critical service to securely manage the connection between the ATO’s IT environments and the internet, protecting the ATO’s IT environments from security threats.

The deal will leverage Macquarie’s Australian 24x7 Security Operations Centre (SOC), its sovereign data centres and its ASD-certified cloud computing platforms.

The ASX-listed Macquarie (ASX:MAQ) says services to the ATO will commence this year, but has not indicated a start date..

Aligned with its ongoing investment in its Government business, Macquarie says it will invest in upgrading its whole-of-government Secure Internet Gateway to support the deal with the ATO, and introduce the latest cyber security technology for all its Government customers.

Macquarie says total group capex - excluding IC3 East (part of the Macquarie Park Data Centre Campus) - is now expected to be between $61m and $64m for FY20.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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