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

Published on December 23rd, 2019 📆 | 4636 Views ⚑

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


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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.

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