Articles about symantec

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Shiver me timbers: Symantec spots activist investor Starboard side

Security slinger Symantec is facing a bruising battle with activist investor Starboard Value, which has nominated five directors to the security firm's board after having amassed a 5.8 per cent shareholding. Mellanox flushes three directors at behest of activist investor READ MORE Symantec is the outfit that spun off its …
Chris Mellor, 17 Aug 2018
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Profit-strapped Symantec pulls employee share scheme

Symantec is cancelling an Employee Share Purchase (ESP) programme, angering some workers in the process. Last week Symantec revealed plans to slash 8 per cent of its workforce (1,000 heads) in response to disappointing enterprise sales. The firm has also cancelled a discounted share purchase worker-loyalty programme as an …
John Leyden, 8 Aug 2018
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Symantec culling 8% of workforce to soak up slow enterprise sales

Symantec has announced plans to slash 8 per cent of its global workforce in response to disappointing sales. The security software maker revealed on Thursday that revenues for the quarter ended 29 June fell 1.6 per cent to $1.16bn from $1.18bn a year ago. Losses were pegged at $63m, an improvement on $133m in the same period …
John Leyden, 3 Aug 2018
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Rowhammer strikes networks, Bolton strikes security jobs, and Nigel Thornberry strikes Chrome, and more

Roundup Here's a roundup of everything that's happened in the world of infosec this week, beyond what we've already covered. 7Zip gets 7Ripped Researchers have poked a hole in the 7-Zip archiving tool, and you'll want to update the software as soon as possible. The bug, discovered by researcher landave, allows remote code execution …
Shaun Nichols, 12 May 2018
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Symantec shares slump after revealing internal investigation

Symantec’s shares have slumped after the company revealed it “has commenced an internal investigation in connection with concerns raised by a former employee.” The company’s veep for investor relations Cynthia Hiponia told a Thursday May 10th earnings call “The investigation does not relate to any security concern or breach …
Simon Sharwood, 11 May 2018
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Medic! Orangeworm malware targets hospitals worldwide

If there's one thing security vendors love it's a catchilly-named piece of malware to whip up fervor over, and boy is it a good day to be Symantec. The company on Monday introduced the world to Orangeworm, a particularly nasty hacking operation that has been mainly attacking companies in the healthcare field. The operation is …
Shaun Nichols, 24 Apr 2018
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And so it begins: Veritas lays off UK workers, R&D bods hit hardest

Troubled private-equity-owned Veritas started making layoffs in the UK yesterday as its parent continues to implement cost-cutting measures. pinocchio/buratino Veritas considers 'restructuring' another two offices, with 350+ pink slips possible READ MORE Company insiders across the UK told The Register that at least 100 …
Chris Mellor, 20 Apr 2018
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How's your Wednesday? Things going well? OK, your iPhone, iPad can be pwned via Wi-Fi sync

RSA 2018 The iTunes Wi-Fi sync feature in Apple's iOS can be potentially abused by cops, snoops, and hackers to remotely extract information from, and control, iPhones and iPads. This is according to researchers at Symantec, who discovered that, once an iOS device trusts a physically connected computer, the device can, in certain …
Shaun Nichols, 18 Apr 2018

Chrome 66: Get into the bin, auto-playing vids and Symantec certs!

Chrome the 66th is upon us and has added some features that Google previewed in months past. One is the September 2017 decision to stop trusting Symantec’s digital certificates, ending a long dispute over the way the security vendor managed its partners’ PKI activities before June 2016. Chrome 66 will warn visitors to sites …
Simon Sharwood, 18 Apr 2018
Bob_Hammer

Hooo boy, Commvault, your activist investor is not a happy chappy

Updated Under-performing data protection biz Commvault is under pressure from activist investor Elliott Management to make board and operational changes alongside a share buy-back programme. Elliott has previously agitated for change at a whole raft of tech infrastructure companies including Brocade, Riverbed, NetApp and Symantec. It …
Chris Mellor, 3 Apr 2018
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Symantec cert holdout sites told: Those Google Chrome warnings are not a good look

Many high profile UK sites still use Symantec certificates just days before Google will begin the process of dropping support for them with the next and upcoming releases of its Chrome browser. Google's looming disavowal of digital certificates issued by Symantec will occur across two effective dates, April and October. …
John Leyden, 21 Mar 2018
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Suspicious cert-sellers give badware a good name for just a few thousand bucks

There's a flourishing trade in illicit code-signing certificates, and even extended validation certificates can be purchased for a few thousand dollars. That's the conclusion of a study by American and Czech researchers, with input from Symantec Labs (the company's technical director Christopher Gates is a co-author). The …
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23,000 HTTPS certs will be axed in next 24 hours after private keys leak

Customers of HTTPS certificate reseller Trustico are reeling after being told their website security certs – as many as 23,000 – will be rendered useless within the next 24 hours. This is allegedly due to a security blunder in which the private keys for said certificates ended up in an email sent by Trustico. Those keys are …
John Leyden, 1 Mar 2018
Argument

Symantec ends cheap Norton offer to NRA members

Symantec has ended a promotion that saw it offer discounts on Norton-branded products to members of the US National Rifle Association (NRA). The promotion's web page at https://us.norton.com/nra has disappeared, but remains in the archives of the Wayback Machine, which reveals members were offered discounts of more than half …
Simon Sharwood, 25 Feb 2018
Axe Cutting Wood

Veritas insiders: Job cuts? There will be blood

Veritas Technologies has hired a corporate restructuring specialist in the face of business difficulties. El Reg was told by Veritas insiders that CEO Greg Hughes has engaged Alix Partners to look at the company structure. He discussed cost pressures, initiatives and possible actions being considered at a 15 February all-hands …
Chris Mellor, 23 Feb 2018

Beware the looming Google Chrome HTTPS certificate apocalypse!

Tens of thousands of websites are going to find themselves labeled as unsafe unless they switch out their HTTPS certificate in the next two months. Thanks to a decision in September by Google to stop trusting Symantec-issued SSL/TLS certs, from mid-April Chrome browser users visiting websites using a certificate from the …
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Veritas veteran becomes new big cheese at Symantec spin-off

Greg Hughes has been hired as head honcho at the private equity-owned storage spin-off from Symantec, Veritas. Hughes is a Veritas veteran, having been EVP for global services from October 2003 to mid-2005, then president for global services when Symantec bought Veritas in 2005, president from 2008 onwards, president for the …
Chris Mellor, 9 Jan 2018
REID on fire

Symantec's guzzled the Azure Kool-Aid, tells all its customers: Drink up!

Analysis Security software supplier Symantec is moving 105 Norton data centre applications to Microsoft's Azure cloud. The apps include reputation scoring, security telemetry and advanced threat protection. It will bring its e-commerce system to Azure, which it plans to use for some internal IT services including containers, machine …
Chris Mellor, 17 Oct 2017

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