Is your telco taking security seriously? It should be.

Is your telco taking security seriously? It should be.
It wasn’t too long ago that vendors still made a lot of their money through equipment markups. Telcos were the same, with comfortable profit on ISDN, STD calls, calls to mobiles and other heavily used services padding out financial reports. Yet broadband prices are gradually coming down, traditional revenue sources such as PSTN services are drying up, and ageing and expensive wide area network (WAN) technologies like ISDN and Frame Relay have had their day. As well, incessant conflict over network investment has defined the local market and put a chokehold on progress in Australia’s telecoms sector. That’s why Verizon’s recent purchase of high-profile security consulting giant CyberTrust — estimated at US$445 million — is so interesting. It both reflects a growing trend towards security services and suggests serious coming problems for Australia’s telcos.

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