TORONTO, June 19/ -- Experience Offers Edge in Combating Threats to Network, Information Integrity
Nortel(x) (NYSE/TSX: NT) has expanded its Global Services portfolio with new offerings designed to help enterprises and service providers make security fundamental to transforming their networks with the latest converged IP, multimedia and wireless technologies.
Security is one of Nortel's five key focus areas for services. Nortel's extensive networking expertise can provide an edge in effectively combating threats to network and information integrity.
The newest Nortel Global Services for Security include Security Compliance Services and Managed Security Services. Along with Nortel's Security Consulting Services, these new offerings can make business simpler for network managers by helping to minimise risk, reduce costs and comply with regulations.
Montefiore Medical Center, located in the Bronx, New York, has already relied on Nortel's Security Consulting Services as part of an ongoing network expansion to include mobility and new applications.
"Working with a trusted partner like Nortel is paramount not only to our patients' peace of mind but also to continuing our tradition of excellence,"
said Brian Hoch, director of computing services for Emerging Health Information Technology, a Montefiore subsidiary. "Nortel's security audit has enabled us to move forward with confidence in rolling out our wireless network and to secure next-generation services for staff and patients."
Nortel has also continued its efforts to provide a breadth of security services and expertise. This includes acquiring an equity stake in SecureInfo, a recognised leader in information security including managed security services, security compliance and policy solutions, and professional security services. In addition, Nortel continues to certify other select, trusted professionals with regional and specialised security experience. This complements the security and information assurance services that Nortel Government Solutions, a US company wholly owned by Nortel, provides to the US Federal Government market.
Compliance services help customers identify gaps in their regulatory posture and implement and maintain security best practices. Nortel's Security Compliance Services help businesses adhere to key security-related regulations like Sarbanes-Oxley, Gramm-Leach Bliley Act (GLBA), and the Health Insurance Portability and Accountability Act (HIPAA) for companies doing business in the United States; and the Personal Information Protection and Electronic Documents Act (PIPEDA) in Canada. They also address global standards like ISO 17799, and the PCI (Payment Card Industry) Data Security Standard mandated by all major credit card issuers to protect cardholder information and transactions.
"Compliance is critical for our customers, particularly in markets like healthcare and finance," said Rod Wallace, director, Security Services, Nortel. "We're helping to streamline compliance across multiple regulations, standards and guidelines, and to measure the effectiveness of security policies."
Nortel's Managed Security Services are designed to help reduce the cost of managing security across multi-vendor networks. Nortel can manage security for as few or as many elements as required, including single point-of-contact responsibility for entire networks. This allows customers to focus more efficiently on business objectives.
According to IDC, a premier global provider of IT and telecommunications market intelligence, the worldwide market for information security services is expected to approach US$17 billion in 2006. IDC expects this figure to increase to approximately US$32.59 billion by 2010, representing a compound annual growth rate (CAGR) of 17.7 per cent.
Nortel's Global Services include a full range of integrated services for design, deployment, management and maintenance of end-to-end multi-vendor network solutions, including seamless migration to next generation technologies.
Nortel is a recognised leader in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world's most critical information. Our next-generation technologies, for both service providers and enterprises, span access and core networks, support multimedia and business-critical applications, and help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people with information. Nortel does business in more than 150 countries. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit nortel.com/news.
Mark Buford, +1-972-684-8412, mark.Buford@nortel.com; Ben Roome, +44-1628-43-3113, email@example.com