based on the Symantec information superhighway security probability record, which might be released later this month, 60 p.c of identities uncovered in 2009 had been compromised via hacking assaults. in addition, in response to the Symantec 2010 State of business safety file, a extensive analyze of huge groups, one hundred percent of respondents skilled some type of cyber loss in 2009.
Symantec's protection intelligence offers a unique vantage factor, offering unparalleled perception and understanding into what's happening globally on this planet of IT security. Cybercriminals are focused on 4 key areas of weak spot that are putting business environments at risk: poorly enforced IT guidelines, poorly protected information, poorly managed techniques and poorly protected infrastructure.
because the tempo of suggestions increase hurries up, IT infrastructures extend and new computing structures are adopted, protection authorities have greater to manipulate than ever before. corporations now require a spotlight on safety continuity that makes it possible for them to always reply to interior and exterior alterations. moving forward, businesses should increase a security method that's chance-based and policy driven, tips-centric, and operationalized across a neatly managed infrastructure.
To address these customer pain features, Symantec has developed the four protection suites listed under.
Symantec's answer -- unlock Highlights -- strengthen and implement IT policies -- manage Compliance Suite 10.0 will carry superior visibility into an organization's IT and compliance risks, to finally provide enhanced intelligence at lower expenses.
-- protect suggestions --data Loss Prevention Suite 10.5 addresses key concerns about fighting records loss via social media and preserving counsel in private clouds.
-- manage techniques --Altiris IT management Suite 7.0 presents finished IT administration that enhances effectiveness via quicker deployments and extended safety, reduces prices by using closing expertise gaps, and improves manageability amidst the expanding counsel and infrastructure sprawl.
-- offer protection to Infrastructure -- Symantec protection Suites will offer in-depth insurance plan tailored to selected areas of the IT infrastructure and supply agencies with unified information safety administration throughout endpoints, servers and gateways.
click to Tweet: Symantec presents 4 safety suites to assist protect agencies from highbrow property loss. http://bit.ly/asV7xp costs and information -- "Most agencies suffer exclusive counsel loss as a result of they lack IT policies and requisites that can be strongly confirmed and enforced to assist offer protection to counsel from being misplaced or stolen," referred to Tim Stanley, CISO, Continental airways. "groups should focus on classifying the enterprise value of suggestions, if you want to allow them to enforce operational chance-primarily based necessities and teach employees on their accountability in preserving records protected from safety threats." -- "When it involves fighting cyber assaults and preserving highbrow property theft, the video game has completely changed," said Francis deSouza, senior vice president, commercial enterprise safety group, Symantec.
"organizations now require safety that moves on the tempo of their company and allows for them to reduce general IT safety possibility, no longer just stops the newest malware attack." -- "As a member of the Agility Alliance, Symantec gives HP commercial enterprise functions shoppers with trade-leading capabilities and creative techniques to the challenges customers are facing in trendy environment," noted Jim Alsop, vp, global advice safety, HP enterprise capabilities. "The joint options HP and Symantec present assist valued clientele at ease and manage their guidance." -- Seventy-5 percent of companies have experienced a cyber assault during the past three hundred and sixty five days -- 2010 State of business protection document.
-- The average time between the unlock of take advantage of code for a web browser vulnerability and a supplier patch liberate is 13 days -- Symantec protection Response.
join with Symantec -- Symantec on Twitter -- Symantec on facebook -- Symantec join company community -- Symantec imaginative and prescient blog Downloads -- targeted attacks on intellectual Property on SlideShare -- pictures of protection Suites -- 2010 State of enterprise protection document -- 2010 State of commercial enterprise protection on SlideShare linked -- Symantec manage Compliance Suite 10.0 -- Symantec statistics Loss Prevention Suite 10.5 -- Altiris IT administration Suite 7.0 -- Symantec insurance policy Suites -- Symantec vision 2010 Press middle -- Symantec cyber web security probability record About Symantec Symantec is a global chief in featuring security, storage and methods administration solutions to support patrons and corporations at ease and manage their counsel-pushed world. Our utility and features give protection to against more risks at extra points, greater completely and efficiently, enabling self assurance wherever assistance is used or stored. more counsel is purchasable at www.symantec.com.
observe TO EDITORS: if you want additional info on Symantec organisation and its items, please visit the Symantec news Room at http://www.symantec.com/news. All expenses cited are in U.S. greenbacks and are legitimate only in the u.s..
Symantec and the Symantec emblem are trademarks or registered trademarks of Symantec corporation or its affiliates in the U.S. and other international locations. different names may be emblems of their respective house owners.
ahead-looking STATEMENTS: Any forward-searching indication of plans for products is preliminary and all future free up dates are tentative and are area to change. Any future unlock of the product or deliberate modifications to product capability, performance, or feature are area to ongoing evaluation with the aid of Symantec, and may or may additionally not be implemented and should no longer be considered firm commitments by way of Symantec and may no longer be relied upon in making buying selections.
Technorati Tags: Symantec, IT Governance risk and Compliance, information Loss Prevention, techniques administration, Endpoint safety, email safety, Antispam, net security, Backup, statistics Breaches Youtube Video purchasable: http://www2.marketwire.com/mw/frame_mw?attachid=1222182 CONTACT: Brian Modena Symantec Corp.
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Symantec also witnessed strong demand for its data loss prevention, authentication, managed security services and backup offerings." data-reactid="11">Symantec enterprise (NasdaqGS:SYMC - news) reported revenue per share of 38 cents within the third quarter of 2012, a penny forward of the Zacks Consensus Estimate. The company’s shares grew 1.05% within the after-hour exchange, subsequent to the profits release. The quarterly beat turned into driven by means of greater demand for its protection solutions. boost in international facts sharing is forcing enterprises to install safety measures to avoid statistics mishandling. Symantec additionally witnessed potent demand for its records loss prevention, authentication, managed security functions and backup choices.
Symantec stated third quarter 2012 revenue of $1.72 billion, up 6.9% yr over yr from $1.60 billion. The stated outcomes become also above the Zacks Consensus Estimate of $1.seventy one billion. despite the fact, said salary enhanced 6.0% on a relentless currency basis. Contributions from the business’s Clearwell acquisition (completed all over the 2nd quarter) have been giant.
The effects for the quarter have been specially pushed via a robust increase in the safety and Compliance phase (17.0% 12 months over year increase), followed by way of the consumer phase (5.0%) and the Storage and Server management section (three.0%). despite the fact, common growth fee became slightly tempered by means of a 13.0% decline in Symantec’s features section.
Symantec's content material, Subscription and renovation profits of $1.forty six billion improved 8.four% from $1.27 billion reported within the yr-in the past quarter. License income inched up 0.8% yr over yr to $253.0 million.
international revenues were 52.0% of the whole profits and grew 6.0% 12 months over yr. Europe, core East and Africa location represented 27.0% of revenues and dipped 1.0% yr over 12 months. Asia Pacific/Japan contributed 18.0% of the full salary and changed into up 16.0% 12 months over yr. The Americas, including the united states, Latin the united states and Canada, represented 55.0% of the overall salary and grew 8.0% yr over year.
Gross margin in the quarter became eighty four.2%, up 70 basis features (bps) from 83.5% within the yr-in the past period.
operating margin turned into 17.0% more advantageous 320 bps from the 12 months-in the past quarter to 17.5% on efficient cost control.
net earnings in the reported quarter turned into $240.0 million or 32 cents per share compared with $132.0 million or 17 cents per share in the yr-in the past period.
except special items like working expense adjustment, non-money pastime fee and linked tax adjustments, but together with inventory-primarily based compensation charges, adjusted net income in the quarter changed into $280.9 million or 38 cents compared with $245.three million or 32 cents in the yr-ago length.
Symantec registered cash, money equivalents and short-term investments of $2.38 billion, compared with $2.25 billion in the prior quarter. long-time period debt for the business stood at $2.03 billion, up from $2.01 billion mentioned within the outdated quarter. money move from operating actions become $403.0 million in comparison with $460.0 million within the yr-in the past length.
Symantec repurchased approximately 13.0 million shares for $220.0 million, at an average price of $16.69. The board of directors has approved another $1 billion share repurchase program. Currently, the company has $1.2 billion remaining under its existing authorization." data-reactid="24">during the quarter, Symantec repurchased approximately 13.0 million shares for $220.0 million, at a regular expense of $sixteen.sixty nine. The board of administrators has authorised another $1 billion share repurchase application. at present, the business has $1.2 billion closing under its current authorization.
For the fourth quarter of fiscal 2012, complete earnings is estimated within the latitude of $1.72 billion to $1.73 billion, up 2.eight% to three.4% from the year-in the past degree. GAAP diluted salary per share is estimated between 23 cents and 24 cents, up 5.0% to 9.0 % year over yr. with the exception of one-time gadgets (stock-primarily based compensation, amortization of acquired product, rights and different intangible, belongings and non-money hobby fee, web of tax), non-GAAP diluted salary per share is estimated between 41 and forty two cents, up eight.0% to 10.0% year over yr.
Deferred salary is anticipated within the range of $3.92 billion to $three.ninety four billion, up 2.5% to three.0% year over year.
each the salary and salary expectations got here in under the street’s expectation.
Symantec has delivered a modest quarter with both the top and bottom line surpassing the Zacks Consensus Estimates. Geographical and segmental performances were good, barring the EMEA and Service segment. The company had considerable cash in the quarter with continuous share buyback, enough to turn on the mood of the investors." data-reactid="30">In our view, Symantec has delivered a modest quarter with both the proper and base line surpassing the Zacks Consensus Estimates. Geographical and segmental performances have been first rate, barring the EMEA and repair section. The business had considerable cash in the quarter with continuous share buyback, satisfactory to switch on the mood of the investors.
decent news on Symantec’s part turned into that research firm Gartner expects the international spending on protection software to rise 10% this 12 months to $20.7 billion.
regardless of the positives, we're unable to render a favorable view on the shares. Uncertainty over notebook sales goes to hit its buyer phase right through the 12 months. furthermore, reduction in tech spending with the aid of different govt and personal organization, stiff competition from McAfee (bought with the aid of Intel Corp. (NasdaqGS:INTC - news)) as neatly as the prevailing financial turmoil in Europe will likely dampen the company’s business prospect. Symantec’s assistance become vulnerable, and we agree with that this could be because of the above mentioned explanations.
Symantec has a Zacks #4 Rank, implying a short-term Sell rating." data-reactid="37">presently, Symantec has a Zacks #four Rank, implying a short-term sell rating.
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NCLEX [2 Certification Exam(s) ]
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Nokia [6 Certification Exam(s) ]
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OMG [10 Certification Exam(s) ]
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Palo-Alto [3 Certification Exam(s) ]
PARCC [1 Certification Exam(s) ]
PayPal [1 Certification Exam(s) ]
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PMI [15 Certification Exam(s) ]
Polycom [2 Certification Exam(s) ]
PostgreSQL-CE [1 Certification Exam(s) ]
Prince2 [6 Certification Exam(s) ]
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SASInstitute [15 Certification Exam(s) ]
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SDI [3 Certification Exam(s) ]
See-Beyond [1 Certification Exam(s) ]
Siemens [1 Certification Exam(s) ]
Snia [7 Certification Exam(s) ]
SOA [15 Certification Exam(s) ]
Social-Work-Board [1 Certification Exam(s) ]
SpringSource [1 Certification Exam(s) ]
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SUSE [1 Certification Exam(s) ]
Sybase [17 Certification Exam(s) ]
Symantec [133 Certification Exam(s) ]
Teacher-Certification [3 Certification Exam(s) ]
The-Open-Group [8 Certification Exam(s) ]
TIA [3 Certification Exam(s) ]
Tibco [18 Certification Exam(s) ]
Trend [1 Certification Exam(s) ]
TruSecure [1 Certification Exam(s) ]
USMLE [1 Certification Exam(s) ]
VCE [6 Certification Exam(s) ]
Veeam [2 Certification Exam(s) ]
Veritas [28 Certification Exam(s) ]
Vmware [54 Certification Exam(s) ]
Wonderlic [1 Certification Exam(s) ]
Worldatwork [2 Certification Exam(s) ]
XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]
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