BT has been awarded a five year contract by Nationwide building society, to provide the organisation with managed security services.

Under the terms of the agreement, BT will provide Nationwide with a range of services including managed security monitoring services (to monitor and protect the network), security firewalls and managed email and web access.

BT said that these services will transform the building society’s existing security infrastructure to a fully managed service. The contract was signed in June, building on an outsourced contract awarded to BT in 2008 for providing networked IT services.

Ray Stanton, executive global head of business continuity, security and governance, BT Global Services, said: "Our existing security services and BT Counterpane threat monitoring services were the starting point for introducing wider depth and standard security services to Nationwide.

"BT Counterpane now forms the backbone of our overall value add service offering to Nationwide, bringing together analysis and reporting across a range of different services and technologies to help Nationwide mitigate further its risk profile and improve overall service and cost."