Symantec: Why Bigger is Better but Less is More

Symantec likes to point out how much bigger it is than competitors like McAfee, which at $1.6 billion in annual revenue is about a quarter of Symantec's size. But it also has come to recognize that bigness has its downsides, such as confusion that can stem from having too many products.

By Bob Brown

Tue, July 28, 2009Network World Symantec likes to point out how much bigger it is than competitors like McAfee, which at $1.6 billion in annual revenue is about a quarter of Symantec's size. But it also has come to recognize that bigness has its downsides, such as confusion that can stem from having too many products.

Slideshow: 11 Security Companies to Watch

"The big change for us is that if you talked to me 6 or 9 months ago I'd have talked about literally over 100 products we have at Symantec from a security perspective, but going forward we'll just talk about four as we focus our investment," says Francis deSouza, senior vice president of Symantec's Enterprise Security Group (smaller than Symantec's $2 billion consumer security group, but close to $2 billion, while the rest of Symantec's revenue comes from more storage/archiving/information management-related business).

Those four product areas: protection suites that include endpoint security; data loss prevention; compliance and policies; and systems management (Altiris products).

7 Burning Security Questions

Symantec's deSouza says the company is simplifying its approach as customers face a more complex mix of threats, including viruses, botnets and insider threats, across a broader surface area that includes mobile devices and cloud environments. To emphasize how scary things are out there,  he pointed out that Symantec issued more antivirus signatures last year than in its 17 previous years combined and that organized crime  is behind 90% of data breaches now.

"The criminals are brazen," deSouza said. "They're not hiding which countries the threats are coming from yet."

Symantec has even identified a common anatomy of organized attacks, which largely take place via targeted emails/spam, poorly protected Web-facing infrastructure and poorly written Web-facing applications. The attackers break in, perform a discovery of networked assets, put a value on the data available and then take what they want.

"Most companies have no idea they're even under attack," said deSouza, who joined the company in 2006 when it bought IMLogic, a company he founded and led.

One reason for this shortcoming is that companies have various security systems in place that don't necessarily talk to each other well enough to give security teams a big picture view of what's going on. Symantec will be pushing security information management technology to address this, deSouza said. New on this front is the ability to feed into a SIM system from a global intelligence network, he said.

While SIM offerings have been around for years now, deSouza says there is evidence that customers are buying into the technology in a big way and noted that its 2007 Vontu acquisition has exceeded expectations. He also pointed to the financial performance of ArcSight, a publicly-traded security management specialist that saw 34% year-over-year growth for its fiscal year ended in April. 

Symantec

Loading...
Security MarketSpace
Practical Approaches for Securing Web Applications
Enterprises understand the importance of securing web applications to protect critical corporate and customer data. What many don't understand, is how to implement a robust process for integrating security and risk management throughout the web application software development lifecycle. Learn more »
An Executive's Guide to Web Application Security
Since so many Web sites contain vulnerabilities, hackers can leverage a relatively simple exploit to gain access to a wealth of sensitive information, such as credit card data, social security numbers and health records. It's more important than ever to examine your Web application security, assess your vulnerability and take action to protect your business. Learn more »
Web Application Vulnerabilities
Security managers may work for midsize or large organizations; they may operate from anywhere on the globe. But inevitably, they share a common goal: to better manage the risks associated with their business infrastructure. Increasingly, Web application security plays a significant role in achieving that goal. Learn more »
Retooling IT for a Mobile Workforce
Check out this research note from IDC for guidance. Learn more »
Today's Risky Data Environment
This paper explains how an IT and security service provider can provide a practical, manageable and reliable solution. Learn more »
Business Continuity - Are You Always Open for Business?
This Oracle business brief explains how mid-sized can improve performance by creating an IT infrastructure that makes working faster, easier and more effective. Learn more »
 
SPONSORED LINKS
 

Making Consumer Two-Factor Authentication Simple and Cost-Effective

Mining the Cloud to Ease the Enterprise Compliance Burden

Solve Five Key IT Security Challenges with Cloud-Based Authentication

White Paper: Managed Security for a Not-So-Secure World

Secure Email and Web-Based Communication from Evolving Attacks

WagerWorks Takes Fraudsters Out of the Game using iovation

White Paper: A Security Blueprint Delivered From within the Network

Return on Information: Google Enterprise Search pays you back

Cut Costs & Green Your IT Operations with PC Power Management

White Paper: 4 Customer Service Myths

White Paper: Improve Agility with Operational Responsiveness

White Paper: Legacy Tools: Not Built for the Helpdesk

Taking a Seat at the Executive Table: The Reality of Virtualization

White Paper: Next Generation Remote Infrastructure Management

Seven Design Requirements for Web 2.0 Threat Protection

Increase UPS efficiency without sacrificing protection.

Learn how advanced forecasting tools can deliver significant business results for global corporations.

Lower IT Costs with Oracle Database 11g Release 2

White Paper: Visibility and the New Normal of Mobile Work

Taking the Service Desk to the Next Level

Learn about The Information Technology Infrastructure Library.

Return on Information: Google Enterprise Search pays you back. Get the facts.

VMware. The source for Business Infrastructure Virtualization.

ShoreTel tells businesses to untangle from competitors' complexity and turn to its brilliantly simple UC solution

Top Five CIO Challenges

Authentication as a Service by Forrester Research

Cloud-Based Authentication for Next-Generation Extranets

Mobile Security: The Essential Ingredient for Today's Enterprise

IDC White Paper: CCM for IT Compliance and Risk Management

Keeping Your Members Safe from Online Scams and Predators

Learn about the growing threat of insider data theft.

Upgrading to VMware vSphere with vWire

Maximizing website Return on Information with high-quality search

See how AT&T can help protect your network.

Webcast: Unleashing the Power of Customer Data

White Paper: 5 Best Practices for Smartphone Support

Global Research: CIOs Weigh In On Virtualization

5 Key Virtualization Management Challenges

The Total Economic Impact of Network Security Intrusion Prevention

Generation Remote Infrastructure Management - Changing the Paradigm

Cloud-Based Email Management: Opinion Shifts In Favor

eBook: How Can You Make Your People Productive Anywhere?

Achieving Business Agility with Application Grid

Ready to virtualize tier one applications? Check your virtualization maturity.

Seven Ways ITIL Can Help You in an Economic Downturn

Tips for successful virtualization management.

AT&T Synaptic Storage as a Service. Expand on demand

Trend Micro ranked #1 against real-world malware. Read more.

Webinar: Jump-start your in-house e-discovery with Ringtail QuickCull from FTI Technology

Streamline IT Costs. Boost Performance with WAN Optimization.

 
 
RESOURCE CENTER