For the fifth consecutive year, Frost & Sullivan Australia has recognized Verizon for its leadership in the Australian managed security services (AMSS) market. The company has received the 2012 Frost & Sullivan Australia Excellence Award for Managed Security Service Provider of the Year, one of the analyst firm's annual Best Practice Awards. 

The 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. 

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 market penetration across various technologies. 

John Karabin, Area Vice-President for Verizon Australia and New Zealand, said, “Government and enterprises are increasingly demanding [greater?] expectations of their business security solutions. For Verizon to receive this award for the fifth year in a row is a recognition of the breadth and depth of Verizon’s security practice.”