Feeds

Symantec buys compliance firm BindView

Agent-less tech ticks all the boxes

Combat fraud and increase customer satisfaction

Symantec continued its seemingly relentless acquisition spree on Monday with the purchase of security compliance firm BindView for $209m. The all-cash transaction, which is subject to regulatory and BindView shareholder approvals, is expected to close in the first calendar quarter of 2006.

Post-acquisition, BindView's technology will be used to deliver policy compliance and vulnerability management products and services without the need to install software agents. BindView's agent-less technology is positioned as suitable for smaller firms and those with multiple branch offices to consider whereas Symantec’s existing agent-based technology architecture is a better fit for enterprises with a large central headquarters.

Enterprises are faced with meeting an increasing list of regulatory mandates, such as the Sarbanes-Oxley Act, the Federal Information Security Management Act (FISMA) and Basel II. BindView’s IT security compliance software aims to help simplify the management overhead associated with demonstrating regulatory compliance by automating three critical functions: policy and compliance management, vulnerability and configuration management, and directory and access management. Its technology also helps firms manage security policies.

The BindView deal comes weeks after Symantec completed its $13.5bn mega-merger with storage giant Veritas and follows a string of smaller purchases by it over recent months. These acquisitions include TurnTide, anti-spam specialist Brightmail, SafeWeb and others. In August Symantec made its first post-merger acquisition when it snapped up compliance specialist Sygate Technologies, rapidly following that up with the acquisition of behaviour-based security and anti-phishing developer WholeSecurity last month. ®

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.