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Securing VoIP Is Key In Sustaining A Revenue Stream for Broadband Providers, According to BearingPoint Report

Securing VoIP Is Key In Sustaining A Revenue Stream for Broadband Providers, According to BearingPoint Report

McLean, Va., June 1, 2005—BearingPoint, Inc. (NYSE:BE), one of the world’s largest business consulting and systems integration firms, today issued a white paper, “Broadband VoIP: Securing a Promising New Revenue Stream,” which details the way service providers should focus more effort and resources on Voice-over IP (VoIP) security if they are to provide the level of reliability and trust that subscribers have come to expect with traditional telephone service.

The paper covers a fundamental issue: while broadband operators are rushing to VoIP as a way to increase revenue and to provide a new service to their customers, hackers are rushing to VoIP to explore and exploit ways to steal information, or disrupt services.

“To sustain the projected growth in VoIP use, service providers will be expected to live up to the service standards set by legacy telephone service,” said Fred Hoffmann, a Managing Director with BearingPoint. “Any broadband provider pursuing the VoIP market must quickly recognize and address a growing array of security issues. A window of opportunity does exist for providers if they revisit deployed networks and systems and define policies and strategies for new systems before deployment. They must believe in ‘defense in depth.’”

A copy of the paper can be found at: www.bearingpoint.com/broadbandvoip.

Hoffmann also noted that Stephen Doty, a Manager with BearingPoint, will discuss the paper and related issues with industry executives today during “A Security Framework for VoIP” panel of the Second Workshop on Securing Voice-over IP at the Hotel Monaco, 700 F Street, N.W., in Washington, D.C.

To speak with Hoffmann and Doty, please call John La Place at 212-896-6213, or write to him at john.laplace@bearingpoint.com.
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About BearingPoint, Inc.

BearingPoint, Inc. (NYSE:BE) is one of the world’s largest business consulting, systems integration and managed services firms serving government agencies, Global 2000 companies, medium-sized businesses and other organizations. We provide business and technology strategy, systems design, architecture, applications implementation, network infrastructure, systems integration and managed services. Our service offerings are designed to help our clients generate revenue, reduce costs and access the information necessary to operate their business on a timely basis. Based in McLean, Va., BearingPoint has been named by Fortune as one of America’s Most Admired Companies in the computer and data services sector. For more information, visit the Company’s website at www.BearingPoint.com.


This press release may contain forward-looking statements, the accuracy of which is necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in Exhibit 99.1 in our Form 10-Q for the period ended September 30, 2004 and our Form 8-Ks filed as of December 16, 2004, March 18, 2005 and April 20, 2005. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



Source: Wired News
 
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