Macquarie Telecom Group (ASX:MAQ) signs a deal with the ATO

Company News

by Rachael Jones

Macquarie Telecom Group (ASX:MAQ) has entered into an agreement with the Australian Taxation Office to provide Secure Internet Gateway (SIG) and cyber security services estimated to be worth approximately $20 million.

The deal is for an initial 3-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 from security threats.

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.

Macquarie Telecom Group (ASX:MAQ) are trading 1.32 per cent higher at $23.10
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.