News

Symantec: Anti-Virus Is Dead

In a move that sounds surprisingly similar to an admission of defeat at the hands of novel hackers, anti-virus software maker Symantec has declared its intention to get out of the breach prevention end of the the anti-virus game, and instead moving its focus to breach detection and mediation.

Within six months, the company will sell threat-specific intelligence briefings for clients so they can learn the when's, how's and why's of the attacks they suffer from cyber criminals. Symantec also is developing technology to scan for next-generation malicious software inside a network that mimics security software.

The company needs to pursue to a new direction soon, revenues have dropped for the last two quarters and are down 5 percent on they year. The company also recently ousted their CEO, the second to hold that position in as many years.

"It's one thing to sit there and get frustrated,"says Brian Dye, Symantec's senior vice president for information security, reports The Wall Street Journal. "It's another thing to act on it, go get your act together and go play the game you should have been playing in the first place."

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

 

 

——————————

NEW PYMNTS STUDY: LEVERAGING THE DIGITAL BANKING SHIFT – SEPTEMBER 2020  

The September 2020 Leveraging The Digital Banking Shift Study, PYMNTS examines consumers’ growing use of online and mobile tools to open and manage accounts as well as the factors that are paramount in building and maintaining trust in the current economic environment. The report is based on a survey of nearly 2,200 account-holding U.S. consumers.

Click to comment

TRENDING RIGHT NOW