We don't know if it's something in the Starbucks lattes in Silicon Valley or what, but all of a sudden companies are either announcing breakups or exploring whether or not to spin-off a division. Auction site eBay recently announced that it plans to give Paypal a set of wings and let it fly solo, and then Hewlett-Packard decided that it too was ready for a split (between its PC and printer businesses). Now there's talk that Symantec is considering a breakup as well.
The Chinese government decided to delist security firms Symantec and Kaspersky from its list of approved vendors, thereby blacklisting each company's antivirus products. It's the latest in what appears to be an ongoing effort to lessen the reliance on foreign technology. Only five AV products are now on the list, all of which are from China -- Qihoo 360 Technology, Venustech, CAJinchen, Beijing Jiangmin, and Rising.
A so-called "mega breach" can be worth as much as 50 smaller attacks
Large scale cyber attacks are on the rise, says security firm Symantec, which dubbed 2013 "Year of the Mega Breach." According to Symantec, there's a significant shift taking place in how cybercriminals operate. Rather than go in for quick hits with small rewards, cybercriminals are seeing the financial benefit in plotting bigger attacks months in advance. A single mega breach, as Symantec calls these attacks, can yield the same reward as 50 small scale attacks.
Shares of Symantec tumble after security outfit shows its CEO the door
Security firm Symantec announced that it has terminated Steve Bennett as the company's president and chief executive officer, as well as his resignation from Symantec's board of directors. A special committee has begun the search for a permanent replacement, during which time board member Michael Brown will serve as interim CEO. The decision to let Bennett go didn't sit well with investors, who were caught off guard by his surprise dismissal yesterday.
Let's face it, nobody actually likes paying for security software, and if you're adamant against it, there are certainly plenty of freebie options at your disposal. The benefits of a paid suite, however, are that they typically offers more robust features and you only have to worry about managing a single program versus several. There is a third option. If you want the best of both worlds and aren't afraid to trust your security to pre-release programs, beta releases are your calling card, and Symantec has some new options to choose from.
Small business owners are viewed as easy targets among cybercriminals.
Symantec on Monday published its 2013 Internet Security Threat Report, Volume 18, which provides an overview and analysis of the past year in global threat activity. One of the things Symantec noticed was that cybercriminals are paying more attention to small businesses with fewer than 250 employees. Targeted attacks against these organizations jumped 31 percent in 2012 compared to the year before.
International think-tank Ethisphere named a number of tech firms in its list of World's Most Ethical (WME) companies for 2013.
Security firm Symantec has been named one of 2013's World's Most Ethical Companies by Ethisphere Institute, an international think-tank and supposedly the only provider of third-party verifications of compliance programs. Ethisphere's methodology includes reviewing codes of ethics, litigation, and regulatory infraction histories, along with evaluating the investment in innovation and sustainable business practices, among other criteria.
Norton Utilities examines some interesting alternatives consumers would rather do than try to repair a dilapidated PC.
We don't know whether to be encouraged or frightened by a new "Consumer PC Frustrations" survey (PDF) conducted by Wakefield Research and commissioned by Norton Utilities, so we'll settle on being amused. The survey pinged 1,000 PC users and asked them a series of questions, starting with how they view trying to fix an aging PC. Of those surveyed, 27 percent of the female respondents said they'd rather go three days without a shower than try to fix an old computer, while a third of the male respondents said holding a significant other's purse in the mall while she tries on clothes is less painful.
Over the weekend, Symantec revealed that a recent antivirus update wreaked havoc on certain Windows XP machines, causing them to crash with the dreaded “blue screen of death.” According to the company, the update in question slipped through the “compatibility testing part of the quality assurance process for SONAR signatures” and remained available via LiveUpdate between 6:25 p.m. PT July 11 and 2:51 a.m. PT July 12.
Don't retire your home brewed aluminum foil deflector beanie just yet, there may be occasions where you'll still want to wear it. Take Symantec's source code snafu, for instance. When word got out that hackers had stolen certain source code from Symantec, the security firm initially brushed off the incident in the public eye saying the stolen code only applied to outdated software from several years ago.