Feeds

Layoffs at EMC's RSA security division

Can SecurID get in front of these curtains before they shut?

Choosing a cloud hosting partner with confidence

RSA, the security division of EMC, has confirmed plans to restructure its business, a move than means an unspecified number of long-term staffers will be shown the door.

Details are scarce, for now, but RSA said that it plans to make new hires that will more than offset job losses by start of 2014.

It wrote in an email:

While details remain confidential, I am able to tell you that RSA realigned resources this quarter, which resulted in some RSA employee reductions and identification of new roles to be hired. RSA intends to end 2013 with more employees than the business had at the beginning of the year.

EMC acquired RSA Security for $2.1bn in 2006. In its latest quarterly figures (released in July), EMC said its RSA Information Security business had increased revenue three per cent year over year – as a component of "sales and other revenues" at EMC that came out at $5.6bn for Q2 2013. Overall revenue was up 6 per cent, which means EMC's security division is slightly behind the overall growth curve.

RSA's SecurID hardware tokens have been an industry standard for many years, but the market is diversifying and moving towards forms of two-factor authentication based on software agents running on smartphones and other methods.

This change in a mature market has been predictable, and RSA has been planning for its for several years by developing – partially through acquisition, meaning it now has a more diversified portfolio featuring governance and compliance – network monitoring and security management products alongside the authentication technology that made it famous.

Some argue that the change has been accelerated by the infamous 2011 breach by state-sponsored hackers from China against core systems associated with RSA SecurID, an attack later used in unsuccessful attacks against military contractors that, like so many, made use of RSA's technology to secure remote access connections.

Whatever the reasons, and RSA isn't saying, it looks like the firm is offloading those with expertise tied to its legacy token business while making new hires that align it better with new strategies, among them a focus on Big Data. Big Data can improve security strategy, an approach that provides a more natural fit between RSA and its owner, storage giant EMC. ®

Internet Security Threat Report 2014

More from The Register

next story
FYI: OS X Yosemite's Spotlight tells Apple EVERYTHING you're looking for
It's on by default – didn't you read the small print?
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Microsoft pulls another dodgy patch
Redmond makes a hash of hashing add-on
NOT OK GOOGLE: Android images can conceal code
It's been fixed, but hordes won't have applied the upgrade
Apple grapple: Congress kills FBI's Cupertino crypto kybosh plan
Encryption would lead us all into a 'dark place', claim G-Men
'LulzSec leader Aush0k' found to be naughty boy not worthy of jail
15 months home detention leaves egg on feds' faces as they grab for more power
China is ALREADY spying on Apple iCloud users, claims watchdog
Attack harvests users' info at iPhone 6 launch
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.