Symantec To Acquire WholeSecurity
Behavior-Based Security Provides Real-Time Protection to
Consumers and Enterprises
CUPERTINO, Calif. - Sept. 22, 2005 - Symantec Corp. (Nasdaq: SYMC)
today announced that it has signed a definitive agreement to
acquire WholeSecurity, Inc., a leading provider of behavior-based
security and anti-phishing technology. Whole Security's technology
analyzes the characteristics and actions of viruses, worms and
other malicious code to offer real-time protection against these
threats without the need for traditional security signatures. The
transaction is expected to close in October.
"WholeSecurity provides industry leading protection from phishing
attacks, one of the fastest growing threats to online transactions,
such as
banking, e-commerce, and auctions," said Enrique Salem,
senior vice president, Symantec Security Products and
Solutions.
"In addition, WholeSecurity's family of solutions provides critical
behavior-based security technology that we expect to be a core
component of Symantec's baseline consumer security and enterprise
desktop solutions."
Laptop Battery Behavior-based security technology identifies online threats
such as worms, viruses, Trojan horses, keystroke loggers, and
phishing sites by their actions and characteristics.
WholeSecurity's Confidence Online analyzes the behavior exhibited
by these threats against hundreds of detection modules to determine
whether the active processes or web sites are safe or malicious.
This technology can immediately detect and mitigate unknown threats
by their behavior without traditional signatures or patches thereby
protecting users against zero-day attacks.
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Thinkpad WholeSecurity's unique patent-pending behavior-based technology
addresses applications ranging from browser-based phishing
detection and notification to on-demand delivery of malicious code
detection.
year career in sales and marketing with Hewlett Packard and Apollo Computer. He is a graduate of MIT with a bachelor's degree in electrical engineering and computer science and has an MBA from the Harvard Business School. Bill is currently on the boards of Lumigent, Red Hat, and WildTangent. He previously served on the boards of Alias Research (acquired by SGI), Avid Technology, CheckFree, Clarus, Course Technology (acquired by Thomson), Gateway Design Automation (acquired by Cadence), Mainspring Communications (acquired by IBM), MapInfo, Open Market (acquired by divine), Raptor Systems (acquired by Axent, now part of Symantec), Reflectent (acquired by Citrix), SightPath (acquired by Cisco), Spyglass (acquired by Open TV), Student Advantage and Tenth Planet (now part of Mattel).
Microsoft "We have been the first line of defense for our customers,
protecting them against new forms of malicious threats before
signatures can be created," said J. Peter Selda, president and
chief executive officer, WholeSecurity. "Combining our
behavior-based technology with Symantec's industry leading
solutions will allow us to deliver this capability to a much
broader audience and move us further toward our vision of providing
zero-hour protection for every endpoint."
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Laptop Computers WholeSecurity's Confidence Online for Web Applications protects
unmanaged or remote computers that access company resources, but
don't currently have a behavior-based agent installed. Following an
initial scan at log-in, Confidence Online integrates with web
applications to let clean computers access the web application,
protecting or blocking infected machines prior to connection.
Confidence Online then continuously scans the users' system to
ensure threats are neutralized before they can do damage.
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Laptop Computer Confidence Online for Corporate PCs protects employees by
providing "always on" protection for corporate IT managed
computers. Confidence Online for E-Commerce protects consumer
e-commerce sessions by seamlessly and automatically delivering
on-demand security that stops eavesdropping threats from running on
a consumer's computer.
"Computer industry analysts estimate that some 60 percent of all corporate data exists only on desktop and laptop computers, " said Walter Scott, CEO of Acronis. "Incorporating Acronis True Image with New Mexico Software backup server is the ideal solution to capture that corporate data and ensure that it is not lost. While traditional server backups are effective for protecting server data, every company should have a combination of server and workstation backup plans."
Desktop Computer Confidence Online Phish Finder provides real-time, browser-based
protection from fraudulent websites. Confidence Online Phish Finder
powers the AccountGuard feature of the eBay toolbar. The Phish
Report Network (PRN) powered by Confidence Online is the first
worldwide anti-phishing aggregation service that enables companies
to report and block phishing web sites and better protect online
consumers worldwide.
Notebooks About WholeSecurity
Lenovo Recently named by Fortune Magazine as a 2005 Breakout Company,
WholeSecurity provides behavior-based security solutions that
protect PCs from crimeware, such as worms, Trojan horses, malicious
spyware, and phishing attacks. WholeSecurity's products leverage
behavioral technology to eliminate these threats, whether they are
known or unknown, on both managed and unmanaged PCs.
WholeSecurity's customers include eBay, Deutsche Bank, and Visa. To
learn more, please visit www.wholesecurity.com.
Hard Drive About Symantec
Travelstar Symantec is the world leader in providing solutions to help
individuals and enterprises assure the security, availability, and
integrity of their information. Headquartered in Cupertino, Calif.,
Symantec has operations in more than 40 countries. More information
is available at www.symantec.com.
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