E-discovery in the age of Web 2.0 has a long way to go, according to industry experts, who recently convened at a Symantec Inc.-hosted Webinar to bemoan the state of record compliance in enterprises today.
Despite a lackluster economy, the worldwide security software industry just keeps growing. Led by Symantec, McAfee, Trend Micro, IBM and EMC, total industry sales are projected to hit at least $16.5 billion this year, up 11.3% from 2009, according to Gartner.
Symantec's stunning decision to put $1.28 billion in cash on the table to buy most of the security services within VeriSign is a gambit that is drawing mixed reactions in the analyst community, but Symantec insists the VeriSign certificate and authentication services are key elements in what's shaping up to be one of the biggest self-transformations ever in the security industry.
Symantec Thursday announced plans to acquire PGP Corp. and GuardianEdge Technologies for approximately $370 million, a move that will give Symantec a firm foothold in the encryption technology market.
Symantec has been forced to write off US$10 million in revenue after a glitch in its sales system prevented some consumers from activating their Norton antivirus software at the time they bought it.
Though Cisco had disappointing earnings news this week, the Microsoft deal to buy Skype, an Intel dividend and solid financials from Symantec helped keep confidence in IT high.
Security researchers have found three bugs in Symantec's Scan Engine security software, which could be exploited by attackers to gain control of the Scan Engine server, or inappropriately gain access to files.
Symantec will acquire encryption specialist PGP and endpoint security vendor GuardianEdge Technologies for US$300 million and $70 million respectively, the company said on Thursday.
100 per cent of Canadian enterprises surveyed are planning green initiatives, according to Symantec's annual Green IT report. But some analyst argue it's more about another kind of green.
Symantec and McAfee appear to be bumping up against a common wall when it comes to one component typically found in security software suites: Network access control.
IT and communications bellwethers Sprint, Alcatel-Lucent, Cisco and Symantec this week reported sagging quarterly sales, but analysts, impressed by cost controls and hopeful that a bottom to the tech market has been reached, raised estimates on share price valuations and earnings of some vendors.
Symantec released version 2.0 of its Norton Online Backup product, which now supports Mac OS X and allows file sharing between users and Web access to any backed up documents.
Enrique Salem, who took the reins of Symantec as president and CEO this month, sat down with Computerworld's Scot Finnie and Lucas Mearian at the Storage Networking World conference here to talk about how his company is dealing with the recession and his vision of the future of Symantec and the technology business.
Symantec is warning of a sharp jump in online attacks that appear to be targeting a recently patched bug in Microsoft's Windows operating system, an analysis that some other security companies disputed Friday.
Symantec Corp. Thursday formally unveiled its cloud-based storage service, Norton Online Backup, marketing it as a consumer product for managing up to five PCs on a home network through a single dashboard. Norton Online Backup also offers the protection of Norton 360 antivirus software.
Symantec's latest security software in its consumer Norton line installs in less than a minute and uses much less memory, two key improvements the company sees as keeping its products competitive.
In three weeks, Cupertino, Calif.-based Symantec Corp.'s chief operating officer Enrique Salem will assume the role of "CEO designate", and drive the company's focus back to security following a period of strayed focus, he said. "
Apple iOS and Google Android have some big differences when it comes to mobile security, creating distinct potential vulnerabilities for enterprises embracing devices running these operating systems, according to analysis by Symantec.
After warning on Tuesday that hackers were exploiting an unpatched bug in Adobe Systems' Flash Player software, Symantec has backtracked from this claim, saying the flaw is "very similar" to another vulnerability that was patched last month.
Cupertino, Calif.-based Symantec Corp. announced Monday enhancements to its storage optimization software suite that include "agentless" capabilities designed to help enterprises simplify deployment and ongoing management of their storage environments.