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Singapore Employees Working From Home Seen by IT as the Greatest Risk for Data Loss

Poll examines data leakage and endpoint security among organizations in Singapore

SINGAPORE – Nov. 1, 2007 – Symantec Corp. (Nasdaq: SYMC) today released new findings from a poll conducted to investigate the key concerns about data leakage and endpoint security among organizations in Singapore. The poll, conducted by Symantec, surveyed more than 100 IT managers based in Singapore, and examines how well-prepared these organizations are in preventing data loss.

According to the findings, an impressive 95 percent of the respondents polled have IT security policies in place and 93 percent actually take the time to educate their employees and enforce these policies. In addition, 70 percent of respondents revealed their companies use some form of endpoint security product, such as antivirus, firewall, anti-spyware, anti-spam, host intrusion prevention or network access control to secure their systems and prevent the loss of data.

However, despite the high levels of awareness and understanding of the benefits of implementing a security policy, almost half of all respondents still find that data is leaking through email, instant messaging and other electronic channels in their organizations. The areas of biggest concerns for managing data loss cited was the rapid growth of mobile devices, such as smart phones, PDAs and laptops, with 37 percent of respondents considering employees working on corporate information from home to be the most vulnerable endpoints in today’s distributed IT environment.

“Data leakage is becoming a key concern for companies as it is not only costly in financial terms, it also comes at a price to a business’ reputation and customer confidence,” said Darric Hor, general manager of Singapore, Symantec. “The research results underscore the current attitudes and challenges that Singapore companies face with data loss concerns. At Symantec, our customers’ concerns are our number one priority and we continue to offer industry-leading solutions to help organizations protect their sensitive information both within and outside company walls.”

Symantec recommends companies adopt a strategy that combines employee education, policy definition and enforcement, as well as the appropriate technology controls to protect information at rest, in motion and in use. For example, Symantec Endpoint Protection 11.0, Symantec’s new single-agent, multi-layered security solution has the ability not only to detect and block malware from targeting sensitive data but also enables IT administrators to lock down access to certain applications or portable storage devices. This gives companies confidence that their corporate assets and business are protected.

Additional key findings from the poll include:

  • 42 percent of respondents picked malicious activity in the form of Internet-based threats, attacks and hacks as the leading cause of data loss.
  • Out of the companies that use some form of endpoint security product, 84 percent of respondents installed antivirus software and 69 percent have a firewall. Anti-spyware, anti-spam, host intrusion prevention and network access control averaged about 26 percent each.
  • Almost a third of respondents indicated that that their biggest challenge in managing endpoints is the rapid growth of endpoint devices containing confidential corporate information. “Zero Day Threats” and “Inadequate employee education and training” are the next most challenging factors, with 22 percent picking each option respectively.

For more details on the survey or to speak with a relevant Symantec spokesperson, please contact Binjin Ho (binjin.ho@text100.com.sg) or Gabrielle Tay (gabrielle.tay@text100.com.sg).

About Symantec
Symantec is a global leader in infrastructure software, enabling businesses and consumers to have confidence in a connected world. The company helps customers protect their infrastructure, information, and interactions by delivering software and services that address risks to security, availability, compliance, and performance. Headquartered in Cupertino, Calif., Symantec has operations in 40 countries. More information is available at www.symantec.com.

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