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Frost & Sullivan Names Verizon as Leader in Australian Managed Security Services for the Sixth Consecutive Year

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MUMBAI: For the sixth consecutive year, Frost & Sullivan has recognized Verizon for its leadership in the Australian managed security services market. The company was named the 2013 Frost & Sullivan Managed Security Service Provider of the Year at the annual Australia Excellence Awards. This award acknowledges Verizon’s leadership in identifying the growing trend toward Security as a service, as well as meeting increasing customer requirements for compliance and privacy through Verizon’s security services — including content security, firewall, authentication, and intrusion detection and prevention systems.

“Verizon has leveraged its strong expertise and branding in the security service segment to maintain its leadership position in the 2012 Australian managed security services market. Over the past few years, Verizon has aptly demonstrated its spectrum of security services offerings, high customer value, together with the continued innovation in the market. Its ability to cater to the rising demand for more visibility and threat intelligence type of services enabled the service provider to enjoy solid growth, hence extending its leadership in the market. In addition, Verizon continued to enhance its go-to-market capabilities, including expanding its partnership with other service providers or channel partners in the region,”said Cathy Huang, Industry Manager for Frost & Sullivan’s Asia Pacific Information and Communication Technologies practice.

The Frost & Sullivan Australia Excellence Awards are presented annually to recognize outstanding performance by companies in the Australian information and communications technology industry. Award participants are judged according to their market performance in the preceding year, based on criteria that include market leadership, year-on-year growth rate, market performance, solutions capability and forward-looking security capabilities.

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John Karabin, area vice president for Verizon Australia and New Zealand, said: “Verizon consistently delivers sophisticated security roll outs to help enterprises and government institutions in the Australian market ensure the security of their infrastructure and mitigate increasingly complex threats. For Verizon to receive this award for the sixth year in a row is a testament to the diligence of our security experts in the region.”

Verizon Australia currently provides managed gateway services to a significant number of Australian government agencies. Verizon also has been awarded a Gatekeeper accreditation and a Common Criteria product certification (UniCERT) by the Australian government, recognizing the company’s proficiency in delivering specific Identity Access Management solutions that enable the secure delivery of key online government services.

Verizon Offers Comprehensive Security Solutions to Safeguard Enterprises
Verizon’s offers a full continuum of managed security solutions including advanced security analytics and intelligence; distributed denial of service defense; investigative response; governance, risk and compliance solutions; identity and access management solutions; and vulnerability management services — delivered in the cloud or on premises in more than 50 countries. For more information, visit us at http://www.verizonenterprise.com/solutions/security/.

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News Broadcasting

BBC to cut up to 2,000 jobs in biggest overhaul in 15 years

Cost pressures and leadership change drive major workforce reduction plan

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LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.

The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.

Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save ÂŁ500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.

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In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.

The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.

While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.

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The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.

With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.

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