Articles about Symantec

Symantec: Corporate divorce starts on April Fool's Day

Symantec is to operate as two separate storage and security organisations from April Fool’s Day, as the deadly serious game of long-term survival begins in earnest. “We have begun to realign the sales and marketing organisations to support both businesses, starting with two new global sales leaders: Adrian Jones for Symantec and …
Paul Kunert, 05 Mar 2015
Openstack log

Symantec becomes Gold OpenStack member - while suing it

Symantec has been announced as the newest Gold member of OpenStack, a status the open source effort says means it “pledge[s] strategic alignment to the OpenStack mission.” But Symantec is also behind patent litigation against other OpenStack members, and is claiming ownership of some of the project's code. Symantec's tossed …
Lewis Page, 22 Dec 2014
channel_teaser_exit

Boss splits as Symantec UK consciously uncouples

The expected jostling for senior positions at Symantec continues ahead of the divorce between the security and storage wings, with UK boss Simon Moor exiting the business. The conscious uncoupling scheduled to occur by the end of this year – which will effectively undo the 2004 acquisition of Veritas – will leave two independent …
Paul Kunert, 12 Jan 2015
Openstack log

Symantec wins spot on OpenStack Foundation board

Symantec's Gold membership of OpenStack only came through last December, but the company has already scored a slot on the effort's board. The OpenStack Board includes representatives of the eight Platinum sponsors, plus eight directors put forward by the 24 Gold sponsors. Another eight individual members complete the roster. …
Simon Sharwood, 12 Jan 2015
management regulation1

Symantec to cough up $17m after bloody dust-up with patent troll

Symantec must pay out $17m after losing a patent infringement battle to IP-hoarding house Intellectual Ventures. A jury in Delaware found in favor of Intellectual Ventures on two of three infringement claims, awarding the biz $8m in damages for one claim and $9m for the other. Symantec was found to have infringed on two patents …
Shaun Nichols, 10 Feb 2015
HP cloud

HP, Symantec PAIR UP to fight off disaster cloud rivals

HP and Symantec are partnering to develop a cloud-based Disaster Recovery as a Service (DRaaS) offering using Symantec software and HP's Helion cloud. This DRaaS software will run on HP's Helion OpenStack-based cloud environment with HP providing the end-to-end service based on underlying disaster recovery facilities, …
Chris Mellor, 21 Nov 2014

Symantec sources claim exec teams in place by April Fools' Day

Symantec execs will line up under the classic security or information management divisions from April Fools’ Day – no, seriously – amid talk that senior management may revive the Veritas storage brand. Weeks ago, El Chan revealed UK boss Simon Moor had upped sticks and left Huw Owen, head of EMEA, in temporary charge of local …
Paul Kunert, 26 Jan 2015
Veeam CEO Ratmir Timashev

Veeam proclaims VICTORY in Symantec patent spat

Virtualisation management outfit Veeam is claiming twin victories today. One is notional: the company reported its full 2014 results today and proudly proclaimed that it has hauled a billion dollars through its doors since opening them for business in 2007. $288m of that haul landed during FY 2014, in the form of new licence …
Simon Sharwood, 05 Feb 2015

Symantec's already virtually split, says letter to suppliers

Symantec's been preparing to split into two entities for about six months, according to a letter sent to the company's suppliers sighted by The Reg. The missive comes from Symantec's procurement team and explains that suppliers won't see any change in the company's behavior “until we complete the separation, which we expect to …
Chris Williams, 17 Oct 2014

PRE-SPLINTERED Symantec's Q2 revenue slips, net profit rises

Symantec has reported mixed second quarter results, with revenue down one per cent on the year, but net profit rising by the same amount. The company saw revenue of $1.62bn for its second fiscal 2015 quarter, compared with revenue of $1.64bn a year ago (a fall of one per cent), and $1.74bn in the previous quarter. Net profit of …
Chris Mellor, 06 Nov 2014

Symantec sees profits crash ahead of corporate divorce

Symantec’s latest financials bear all the hallmarks of a business whose dramatic bisection is causing some uncertainty for customers and channel partners. A cleaver will be driven through the security and storage business by the end of this year to create two separate publicly traded entities. The groundwork for this is well …
Paul Kunert, 06 Feb 2015

Zero-day hits Symantec endpoint products

Get patching, sysadmins, there's a zero-day in Symantec Endpoint Protection (SEP). This US-CERT advisory is alerting anyone who ignored Symatec's note about the issue. CVE-2014-3434 is a local access vulnerability with a public exploit. A client buffer overflow can cause a blue-screen-of-death on the client, which could also …
Symantec CEO Michael Brown

Symantec's CEO search ends where it started, with Michael Brown

After a six-month search, Symantec has finally named its new permanent CEO – and it's none other than Michael Brown, the man the company's board named as interim CEO in March. Brown reportedly emerged as the front-runner during a review of more than 100 potential candidates, 30 of whom were "actively vetted" for the chief exec …
Neil McAllister, 25 Sep 2014
channel_teaser_exit

Symantec backs out of Backup Exec: Plans to can appliance in Jan

Symantec is exiting the Backup Exec appliance market as it strengthens its NetBackup appliance. Backup Exec 3600 Backup Exec 3600 appliance with up to 5.5TB of usable capacity Backup Exec has had a challenging recent history. Backup Exec 2012 caused controversy with its changes, and Symantec admitted it had stubbed its toe …
Chris Mellor, 13 Oct 2014
Orange Credit Card

.Bank hires Symantec to check credentials

The launch of new .bank domain names is one step closer with the announcement [PDF] that Symantec has been chosen to act as the credentials verifier for the top-level domain. Dot-bank domains represent a new type of domain name - one restricted to a very specific group of people in order to enhance security. Banks and financial …
Kieren McCarthy, 10 Dec 2014

Symantec data centre security software has security holes

Security bod Stefan Viehböck has detailed holes in Symantec's data centre security platforms that the company plugged this week because they allowed hackers to gain privilege access to management servers. The patches fix holes in the management server for Symantec Critical System Protection (SCSP) 5.2.9 and its predecessor Data …
Darren Pauli, 23 Jan 2015

Symantec offers BIGGER, FASTER NetBackup appliance

Symantec is refreshing its NetBackup 5000 series appliance line with a new model that operates faster and holds more data. The firm's 5000 Series Purpose-Built Backup Appliance (PBBA) range has expandable storage and end-to-end (both client and target sides) deduplication for physical and virtual environments. The existing 5230 …
Chris Mellor, 03 Oct 2014

SPLITTERS! Symantec cleft in twain

The reports have been confirmed: Symantec CEO Michael Brown will split the unwieldy business into separate security and information management concerns, thus undoing the 2004 Veritas acquisition. Brown has moved quickly after his confirmation in the role to lift the cleaver. The San Andreas-style fault running through the heart …
Chris Mellor, 10 Oct 2014
Screenshot of Microsoft promotional video touting Office 2013's cloud integration

Microsoft raids Symantec, snaps up UK licensing sales head

Microsoft has confirmed what the channel already knew: Jay Epton, Symantec director of new routes to market for the UK and Ireland, will be moving across to head up enterprise licensing resellers. As El Chan revealed previously, Edward Hyde, the current boss of licensing solutions providers (LSP) is set to be ops director for …
Paul Kunert, 23 Jan 2015
Great Wall of China

China: Our approved vendor list – Kaspersky, Symantec AREN'T on it

Updated Security firms Kaspersky Labs and Symantec appear to have both been booted off China’s list of approved vendors for government agencies. This development comes as the country continues to tighten up against foreign tech firms in the wake of the NSA surveillance revelations. The People’s Daily reported first in a tweet that the …

Security stock slinger Symantec speeds up with latest Backup Exec

Symantec has announced the latest version of its Backup Exec software, with a newer product that's apparently "up to 100 per cent" quicker than its "challenging" older brother. The last major release was Backup Exec 2012 back in ... 2012. It was a controversial release, with many new and changed features and it has taken over 18 …
Chris Mellor, 02 Jun 2014

Symantec scratches head over balance sheet, calls in JPMorgan

Reports say Symantec, struggling to reverse a revenue slowdown, has called in JPMorgan Chase & Co. to look at its options and help fend off activist shareholders. Symantec is a $6.7bn/year revenue company that is struggling to lift its earnings. The last quarterly report made that abundantly clear. It fired its CEO Steve …
Chris Mellor, 07 Apr 2014

Your fitness tracker is a SNITCH says Symantec

If you're the kind of person whose gadgets auto-tweet your exercise, sex or sleep habits – all vanguard applications of the odiously-named “quantified self” movement – you can be tracked, identified and hacked, according to Symantec. In this post, the security outfit explains that the age-old desire for gadget convenience has, …

Symantec: Antivirus is 'DEAD' – no longer 'a moneymaker'

Symantec, a company that has made huge amounts of cash as the largest antivirus software vendor for the last quarter of a century, looks to be getting out of that business and into fixing hacking problems rather than stopping them. "We don't think of antivirus as a moneymaker in any way," Brian Dye, Symantec's senior vice …
Iain Thomson, 06 May 2014

Why did it take antivirus giants YEARS to drill into super-scary Regin? Symantec responds...

After Symantec published its report on the Regin super-spyware, there were many questions raised. Who coded it? What can it do? And – above all – why did it take so long for security vendors to notice it? Regin is a sophisticated piece of software. It can be customized for particular missions by inserting into its framework …
Iain Thomson, 26 Nov 2014

Symantec security chap signs for CSIRO's ICT In Schools

The Register's campaign to recruit 20 volunteers for CSIRO's ICT In Schools program is four-fifths of the way to its goal. In case you came in late, we're supporting the program because there are never enough skilled people to work in our industry, teachers aren't always in the best position to enthuse kids about technology. We …
Simon Sharwood, 18 Aug 2014
Borg

HDS inks deal with Symantec: Plans to borg archive tech for DO-IT-ALL product set

Hitachi Data Services has extended a deal with Symantec to OEM its NetBackup and Enterprise Vault software so it can supply a single storage array, server, data protection and archiving software product set. Symantec's Brett Simon, VP for global system integrators and partners, said: “This agreement extends our partnership, …
Chris Mellor, 18 Feb 2014

Symantec gives three-year-old Storage Foundation a taste of flashy cache

Symantec has updated its long-lived Storage Foundation software to make use of a server’s SSDs and speed up app and data access times by up to 400 per cent. Storage Foundation, once the Veritas Foundation Suite, provides online storage management and includes a file system, deduplication, compression, thin provisioning, and …
Chris Mellor, 13 Dec 2013
Steve Bennett

Symantec BACKS OUT of Backup Exec.cloud

Symantec's resellers have reportedly been given notice to stop providing annual subscriptions to Backup Exec.cloud by 6 January. Backup Exec.cloud lets small and medium businesses store backups in a Symantec remote vault (the cloud) or on-site and in the cloud. Customers have been told they can use the service until one year …
Chris Mellor, 28 Nov 2013
Dunce

Symantec fires CEO Steve Bennett: To lose 1 chief is unfortunate, to lose 2 is OK, apparently

Symantec has fired its second CEO in two years: the company's chief exec, president and former board chairman Steve Bennett was today shown the door after less than 18 months on the job. "We recognize Steve's contributions to Symantec, including developing and leading a series of successful initiatives focused on organizational …
Iain Thomson, 20 Mar 2014

Cost-cutting pays off for Symantec as profit lifts

+Comment Software security, data management and protection behemoth Symantec has cashed in on hacking fears with an upswing in product sales, giving itself a revenue and profits lift. Revenues for its first fiscal 2015 quarter, which finished on 4 July, were $1.74bn, up a mere 1.5 per cent on a year ago, and a more flattering 6.4 per …
Chris Mellor, 07 Aug 2014

Apple, Symantec, other tech heavies challenge anti-gay legislation

Apple, Symantec, and other have put their weight behind efforts to defeat a law in Arizona which would allow discrimination based on sexual orientation. The companies are among a growing list of businesses that have publicly called on Governor Jan Brewer to veto SB1062, a bill that would expand an existing religious-freedom law …
Shaun Nichols, 25 Feb 2014

Symantec retires low-end security software

Symantec has quietly retired its PC Tools range of security products. Acquired in 2008, PC Tools offered consumer-and-micro-business-grade anti-virus and network security tools dubbed “Spyware Doctor”, “Internet Security” and “Spyware Doctor with Antivirus”. Buying the Australian company that created the products gave Symantec a …
Simon Sharwood, 28 May 2013
Steve Bennet, ex-Symantec CEO

Big Yellow loses its head... again: Symantec, we need to talk

Comment Symantec recently fired Steve Bennett, its second CEO in two years. As a previous chairman of the board, Bennett was part of the team that shifted off the previous CEO. Apparently now, new blood is needed to "act aggressively to capture a growing share of this market," in the words of the new chief, Michael Brown. Steve Bennet …
Chris Mellor, 24 Mar 2014

Symantec appoints new EMEA veep for partners

Symantec has elevated channel veteran Mark Nutt to head up partner management across the EMEA region as it concludes its sweeping restructure which included the shedding of nearly 2,000 jobs. The big changes are done and dusted, but the creaking security and storage firm refused to reveal what proportion of the 1,700 heads that …
Paul Kunert, 25 Sep 2013

Symantec: WA-HEY... profits. But security firm's sales won't budge

New CEO equals new broom equals same old dust; just looking at Symantec’s latest quarterly numbers we see it’s still stuck in the $1.6bn - $1.8bn range but is getting a bit more profitable. For its third quarter, ended 27 December last year, the software giant’s revenues were $1.7bn, 5 per cent down on the year-ago $1.79bn and …
Chris Mellor, 30 Jan 2014

Symantec snaps up PasswordBank, touts SSO logins to biz

Symantec has bought enterprise-focused authentication software start-up PasswordBank in a move aimed at beefing up its enterprise security software roster. PasswordBank provides identity-as-a-service through enterprise and cloud-based single sign on services, as well as a line of multi-factor authentication-as-a-service …
John Leyden, 23 Jul 2013
Beached whale

Beached whale Symantec watches revenues recede 7%

Symantec’s latest results show that you can wring more profit out of declining revenues by slashing costs but its not enough to bring you back to growth. Revenues in its fourth fiscal quarter of 2014 ended 28 March were $1.63bn, seven per cent down year-on-year, but net profit jumped 14 per cent to $217m. The full year numbers …
Chris Mellor, 09 May 2014
The Register breaking news

Symantec slams Web Gateway back door on would-be corporate spies

Symantec has plugged a series of critical flaws in its Web Gateway appliances which included a backdoor permitting remote code execution on targeted systems. The flaws, discovered during a short crash test by security researchers at Austrian firm SEC Consult, created a means to execute code with root privileges - or the ability …
John Leyden, 29 Jul 2013
ICBM simulating rocket

When Symantec's away... 28-year-old Asigra becomes 'overnight' cloud backup success

There are dozens of backup system and software providers and it’s easy enough for the ones not in the front rank to fade into the background, until you read something like this: “Asigra … has reached the one million customer site deployment milestone with nearly half of new instalments produced in the past 12 months.” There has …
Chris Mellor, 12 Dec 2013
axe_channel_teaser

Symantec sharpens axe as 1,700 awarded the Order of the Boot - report

Up to 1,700 workers at Symantec face the axe over the next six weeks as the consequences of a corporate restructuring plan announced in January begin to bite, according to a recent report. Around 1,000 jobs will go in June before the head count gets reduced by a further 700 next month, a source told AllThingsD. If the total …
John Leyden, 14 Jun 2013
axe_channel_teaser

SACK MORE BRITS, Symantec UK told by US supremos - sources

Symantec UK bosses must redraft their master plan to layoff Brit workers - after their first proposal was rejected by the US top brass for not cutting far enough, sources claim. As we reported a week ago, up to 1,700 employees worldwide - eight per cent of the total workforce - are expected to get the chop during June and July …
Paul Kunert, 21 Jun 2013

EMC snaps up ex Symantec veep to rule new HPC skunkworks

EMC has recruited an ex-Symantec exec to lord it over its Emerging Technology Products division. His product brief includes "hybrid Cloud Gateways and High Performance Computing storage" which is fine ... except EMC hasn't got any such products. Chirantan “CJ” Desai will be the president of the newly-formed Emerging Technology …
Chris Mellor, 27 Sep 2013

Symantec to offload Altiris: report

Almost six years to the day since announcing it would acquire infrastructure management outfit Altiris for a cool $US830m, Symantec is said to be offloading the company. The Wall Street Journal reports “people familiar with the process” Symantec is willing to offload the products it acquired for less than the purchase price. …
Simon Sharwood, 16 Jan 2013
Boeing's CST-100 space capsule

Big Yellow brings in Boeing bods to bolster Big data bid

Symantec is acquiring 65 security engineers from Boeing as a part of a deal to beef up its expertise in Big Data, prior to a split between its security and storage divisions later this year. As part of the deal Big Yellow is also licensing technology from Boeing's Narus security division, which develops network-monitoring …
John Leyden, 13 Jan 2015

Symantec releases software as Amazon Machine Image

Symantec has made its new O3 cloud identity and access control suite available as an Amazon Machine Image (AMIs), the company's first foray into selling software as a hosted virtual machine. AMIs are virtual machines that are listed in the Amazon Web Services (AWS) marketplace and can be deployed to AWS' EC2 cloud computing …
Simon Sharwood, 17 May 2012

Beware the coming of the ROGUE CLOUDS, wails Symantec

With one eye on Larry Ellison's Oracle in 2011 Salesforce chief Marc Benioff attacked “fake clouds” saying they aren’t the future. Oracle - late to clouds - threatened to challenge Benioff’s message of using public clouds that house your data next to other customers' data in a secure, multi-tenant model with the idea of keeping …
Gavin Clarke, 22 Jan 2013
Veritas_5330_NetBackup_Appliance

Storage biz gets down with da kidz, announces new update on Reddit

Comment A NetBackup update is coming from Veritas, according to a Reddit forum. Veritas hosted an AMA (ask me anything) discussion on 13 March which has been posted to Reddit. According to the postings, NetBackup 7.7 will feature more capabilities in these following areas: Cloud storage, with Google Cloud Storage Nearline mentioned …
Chris Mellor, 17 Mar 2015

Symantec: Don't blame us for New York Times hack

Symantec has taken the unusual step of commenting on a story about a customer, issuing a robust statement denying its anti-virus products were to blame for sophisticated targeted attack on the New York Times. The Gray Lady revealed yesterday that it had been persistently attacked for four months by China-based cyber insurgents. …
Phil Muncaster, 01 Feb 2013
axe_channel_teaser

Symantec CEO: I'll AXE up to 4 in 10 execs by July

Symantec's profits collapsed last quarter amid a company-wide restructure that will axe bosses and rejig routes to market. For the final three months of fiscal 2013, which ended 31 March, the company's earnings tumbled 66 per cent on the year before to $188m (£121m). Turnover climbed four per cent to $1.748bn (£1.13bn), the …
Paul Kunert, 08 May 2013