CUPERTINO, Calif. and New York, NY - January 15, 2003 - Symantec Corp. (Nasdaq:SYMC), a world leader in Internet security, and PricewaterhouseCoopers, a leading provider of enterprise security solutions, today announced that they are teaming to offer customers worldwide the solutions and services necessary to effectively manage their end-to-end security environment. The alliance combines Symantec's security solutions and PricewaterhouseCoopers' security services to help customers realize service and cost advantages through an integrated security "dashboard" approach.
PricewaterhouseCoopers' Security and Privacy Practice provides services that help clients integrate a comprehensive and balanced security solution that can be monitored and managed across the enterprise, increasing security and protection of the business. The security services are an integral part of PwC's Enterprise Security Business Model™ (ESBM™), developed to help clients identify, create, capture and sustain the value of security. The integrated security dashboard will be supported by Symantec's breadth of security technologies and services to provide customers with a comprehensive and balanced security solution.
"Businesses today are required to open their networks to customers, partners and suppliers and that additional access leaves companies more vulnerable to attack," said Allan Carey, program manager at IDC. "With a tool such as a security dashboard, companies can have a more holistic view of their IT infrastructure and are in a more proactive position to secure and protect their assets. Proactive monitoring reduces the likelihood of business interruption from a security event and reduces the costs associated with identifying and responding to system vulnerabilities."
The dashboard will allow customers to integrate, correlate and report security data from devices throughout the enterprise into a unified view of the entire security environment. To help customers achieve a security dashboard approach, PricewaterhouseCoopers is leveraging the Symantec Security Management System, a comprehensive set of management applications that improves the effectiveness of the information security environment by delivering proactive control of the security infrastructure. These services, offered as one complete security package, simplify the complexity of managing a customer's security infrastructure.
"PricewaterhouseCoopers and Symantec have long shared the same vision for providing comprehensive security solutions," said Joe Duffy global partner-in-charge, Security and Privacy Practice, for PricewaterhouseCoopers. "This shared vision provides an excellent opportunity to achieve true end-to-end security with greater ease for our mutual clients."
In addition to providing customers with comprehensive management, monitoring and reporting capabilities, Symantec and PricewaterhouseCoopers are also providing integrated end-to-end security solutions and services. The alliance leverages PricewaterhouseCoopers' professional security capabilities to help customers effectively identify, assess and implement security and privacy solutions. These services are complemented by Symantec's security offerings including early alerting and response, intrusion detection, firewall, vulnerability management, content filtering solutions and managed security services to provide comprehensive security expertise to enterprises worldwide.
"One of the biggest challenges enterprises face is managing the complexity of today's security environment and making sense of the overwhelming data produced by the sensors deployed across the network," said John Schwarz, Symantec president and COO. "The combined expertise and resources of PwC and Symantec provide customers the tools necessary to maximize the return on the investment they make in their security infrastructure while staying focused on their core business."
About The Symantec Security Management System
The Symantec Security Management System is a comprehensive set of management applications that provides a 360° view into the security of the enterprise to enable customers to quickly and confidently respond to attacks. It is comprised of multiple components for customers to select and deploy the right set of security management applications unique to their individual business objectives. The three key components of the Symantec Security Management System are Symantec Event Managers, Symantec Incident Manager and Symantec ESM for policy compliance.
About PricewaterhouseCoopers' Security and Privacy Practice
The Security and Privacy Practice (www.PricewaterhouseCoopersglobal.com/security) is devoted exclusively to the critical business issues of security, privacy, and compliance. With more highly trained professionals in the field than any other organization, our multi-disciplinary teams help clients effectively identify, assess, implement and manage security and privacy solutions. Through proven methodologies, best of breed tools, and best practice services, the Security and Privacy Practice helps organizations assess, design, implement, and maintain a secure and high performance business infrastructure.
PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services organization. Drawing on the knowledge and skills of more than 125,000 people in 142 countries, we build relationships by providing services based on quality and integrity.
("PricewaterhouseCoopers" refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.)
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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FORWARD LOOKING STATEMENT: This press release contains forward-looking statements, including forecasts of future revenue and earnings per share, expected industry patterns, and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates, particularly in consumer products; whether certain market segments, particularly enterprise security, grow as anticipated; the positioning of Symantec's products in those segments; the competitive environment in the software industry; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Symantec can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Additional information concerning these and other risk factors is contained in the Risk Factors sections of Symantec’s previously filed Form 10-K and Form 10-Q.