Verizon Latest To Buy Into Security As A Service
from the countering-counterpane dept
When Bruce Schneier recently argued that security shouldn't be a standalone industry, he was partly speaking from his own experience. Last autumn, his own firm, Counterpane, was acquired by BT, as part of a plan to offer managed security services to its corporate customers. In a move that echoes that deal, Verizon has announced the purchase of Cybertrust, which offers similar managed security services to business. For telcos like BT and Verizon, selling security services allows them to stave off becoming a much-feared dumb pipe. On the other hand, this strategy presents an opportunity for companies that are willing to be that dumb pipe and let clients do what they want at a cut rate. And seeing as how Verizon is the company that claims it has a First Amendment right to hand over private data to the government, you have to wonder how crazy companies will be to buy security services from it.