Symantec
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Is Symantec getting ready to buy Splunk?
Yesterday, Symantec CEO Greg Clark flexed his M&A biceps, saying that Splunk could be an attractive target. Clark definitely plans to go whale hunting to regain Symantec’s long-lost security position. Symantec expects to grow 3-5% in 2018. Compare that to Splunk, which projects to grow upwards of 20% and generate $1.2 billion revenues, and it’s not hard to see why Clark is… Read More
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Google is fighting with Symantec over encrypting the internet
Google, which has accused Symantec and its partners of misissuing tens of thousands of certificates for encrypted web connections, quietly announced Thursday that it’s downgrading the level and length of trust Chrome will place in certificates issued by Symantec. Encrypted web connections — HTTPS connections like those on banking sites, login pages or news sites like this one… Read More
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Crunch Network
With $6B in deals in 2016, ID management is a hot sector you may have missed
What technology is popular with acquirers, helps save enterprises from expensive breaches, and could even curtail the third-leading cause of death? If you answered identity management, congratulations. That’s the takeaway from a Crunchbase analysis of the identity management space, performed in the wake of a spate of recent acquisition and large funding rounds for companies in the sector. Read More
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Dropbox Business updates focus on increasing enterprise security credibility
Dropbox is getting much more serious about its Dropbox Business product, and today it announced a partnership with security vendor Symantec as part of a broader update to its business products designed to make it more attractive to larger businesses. Rob Baesman, Dropbox’s head of product for pro, business and enterprise versions, says the idea behind the admin tool update is to provide… Read More
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Crunch Network
What if cybersecurity followed physics?
The first cybersecurity unicorn kernel popped in late 2013 with the announcement of CloudFlare’s $50 million Series C investment. Today, 10 privately held companies hold membership in the ultra-exclusive cybersecurity unicorn club. With the addition of each new member, eyebrows are raised and questions are asked. Are cybersecurity unicorns outliers or are we at the start of a… Read More
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Crunch Network
As Symantec flexes its muscle in security, who will step up to the challenge?
As the security market shakes up in more ways than one, who wins, who struggles and who will get acquired next? Read More
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Symantec grabs Blue Coat Systems for $4.65 billion
Symantec announced overnight it had purchased Blue Coat Systems for $4.65 billion with the hopes of creating an enterprise security juggernaut. As part of the deal, Blue Coat CEO Greg Clark will take over the same role at Symantec. The company has been operating since April without one when Michael A. Brown stepped down. It was a stunning turn of events for Blue Coat, which was sold just… Read More
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Crunch Network
How do you outsmart malware?
The growth of data breaches in recent months and years is in large part because of the new generation of smart malware being developed on a daily basis. Malicious actors are constantly taking advantage of technological innovations and breakthroughs to devise new ways to flood the Internet with new malware that circumvent security tools, propagate within networks and siphon critical data for… Read More
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Crunch Network
Innovations In Cybersecurity At RSA 2016
Beyond artificial intelligence and machine learning to the brave new world of cybersecurity. Read More
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Crunch Network
What’s The Half Life Of A Unicorn?
Cybercorns are companies that have surpassed the magical $1 billion valuation. Several of these extraordinary ventures are Okta, Sophos, Tanium, Palantir, FireEye, Splunk, Zscaler, Lookout, CloudFlare, Illumio and AVAST. But in a world where technology is changing rapidly, and in which attackers are agile and focused, which of these unicorns will survive? What is the half-life, perhaps measured… Read More
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Symantec Sells Veritas Division To Private Equity Group For $8B
Symantec announced today that it had sold its Veritas division to The Carlyle Group, a Washington, DC-based private equity firm for $8 billion in cash. The move comes after Symantec, mostly known as a computer security company, announced it was splitting into two separate publicly traded companies last fall. The first was going to be Symantec, which as you might expect focused on security… Read More
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Regin Spying Software Has Been Attacking Governments And Corporations Since 2008
Symantec has found an unusual new threat called Regin aka Backdoor.Regin. The software, which is essentially a very powerful Trojan Horse, appears to have been circulating in the wild since 2008 and has been hitting governmental, industrial, and individual systems with impunity, using sophisticated encryption and targeting systems to spy on targets. The anti-virus company has released a… Read More
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As Microsoft Support for XP Expires, Antivirus Vendors Pick Up The Slack
As you might be aware Microsoft support for Windows XP expires today, which means that the company will stop issuing security patches. Around 30 percent of you have ignored all warnings up until now and you’re still using it. Stubborn bunch, aren’t you? Read More
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Backupify Is Phasing Out Free Consumer Products; Drops Support For Facebook Personal Profiles, Blogger, Picassa And Flickr
Earlier this week we reported on how Backupify was closing down TweetBackup, a free service to back up your Twitter account that it acquired in 2010; now we have confirmed that, as we’d heard, this is part of a bigger plan at the company to phase out consumer services altogether, as Backupify focuses its efforts on paid services for enterprise customers. From today, it will stop… Read More
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Android Remains Main Target For Mobile Malware Writers Despite iOS Having More Vulnerabilities, Says Symantec
Mobile malware remains a small and nascent issue, especially when compared to the scale of threats crowding around desktop OSes, but the threat that is out there continues to mostly affect Google’s Android platform. This despite Apple’s iOS technically having more vulnerabilities, according to a new report by security software firm Symantec. Read More
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Symantec Buys Cloud-Based Email Archiving Company LiveOffice For $115M
Security and storage giant Symantec has announced the acquisition of cloud email archiving company LiveOffice. The acquisition price was $115 million. LiveOffice is a SaaS provider of email archiving, compliance and hosting. In addition to providing cloud based email archiving, LiveOffice also archives email which is on-premise. By hosting email archives with LiveOffice, customers can migrate… Read More
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Symantec Continues Move Into eDiscovery, Acquires Clearwell Systems For $390 Million
Symantec, the computer software security giant, has announced that it will be acquiring enterprise-class eDiscovery management platform maker, Clearwell Systems for $390 million. Symantec is probably best known for its widely proliferated (perhaps even ubiquitous) Norton security products, but of late it has been making a play at eDiscovery platforms, a strategic move, considering Gartner… Read More
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Sizing Up Symantec's Corporate Social Responsibility
Symantec, the software and security company best known for its Norton internet security and antivirus software, released its Corporate Social Responsibility (CSR) report on Monday. For the uninitiated, CSR reports put a company’s social and environmental objectives, not just their profit and revenue outlook, on the record. They are meant to encourage all businesses, no matter their size… Read More
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Norton Debuts New Security Software, Reveals Cybercrime Pisses Off Victims
Symantec this morning released two new security software products, Norton AntiVirus 2011 and Norton Internet Security 2011. Coinciding with the release, the company has also published its latest cybercrime report, dubbed The Norton Cybercrime Report: The Human Impact. The company claims two-thirds (65 percent) of global Internet users have already fallen victim to cybercrimes, which… Read More
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Symantec: Apple Needs To Fix iPhone (& iPad) Security Flaw ASAP
A newly discovered security flaw puts any device that runs iOS, including the iPhone and iPad, at risk! At risk from what, you ask? An evildoer could remotely take control of your device, leaving you holding a hunk of plastic that you have zero control over. Symantec, which first discovered the security flaw, says Apple needs to patch the vulnerability ASAP, lest the bad guys cause a bit of havoc. Read More
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