ATO signs with Macquarie Telecom Group for cyber security services

MACQUARIE Telecom Group Limited (ASX: MAQ) has entered into an agreement with the Australian Taxation Office (ATO) to provide Secure Internet Gateway (SIG) and cyber security services estimated to be worth approximately $20 million over the initial three-year term.

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. Services will commence in 2020.

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

Total Group Capex, excluding IC3 East, is now expected to be between $61m-$64m for FY20.

ends