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News Releases
Symantec and AREVA T&D Partner to Deliver Scada Security Solutions for Electric Power Industry
Department of Energy Lab Validates Solution
TORONTO, ON. - June 14, 2004 - Symantec Corp. (Nasdaq: SYMC), the global leader in information security, and AREVA's T&D division, a leading provider of products, systems and services to the electric transmission and distribution industry, announced today the industry's first partnership to provide a comprehensive security solution that includes products, services and best practices for Supervisory Control And Data Acquisition (SCADA) systems in the electric power industry. This SCADA security solution has been designed to meet cyber security needs without adversely impacting performance and availability as cited by objective third party, Battelle's Pacific Northwest Division, who has tested and validated the solution.
AREVA will resell Symantec for Electric Power solutions to assist electric utilities' in their efforts to lockdown increasingly interconnected SCADA networks, ensure business continuity, achieve regulatory compliance, and avoid costly disruptions associated with information security breaches. The tested solution includes Symantec Manhunt intrusion detection system, Symantec Gateway Security, Symantec Client Security, and Symantec AntiVirus.
Symantec for Electric Power is a solution designed to address cyber security needs of Electric Power companies, which consists of Symantec products, services, and security best practices. It helps Electric Power companies address business-related security issues, as well as to comply with industry regulations and standards, such as NERC Cyber Security standard. The Symantec solution addresses cyber security needs for both corporate and SCADA networks.
"Interconnection between SCADA environments and corporate networks introduce specific security needs around protocols and applications used that are not addressed by majority of existing cyber security products," said Brent Broback, security marketing director for AREVA T&D Division. "We now have the ability to tailor a security solution for our customers. This joint solution by Areva and Symantec addresses customer needs for SCADA-related cyber security without affecting availability or performance, which is critical to this industry."
Symantec's most recent Internet Security Threat Report showed that the electric power industry is twice as likely to experience a severe attack as telecommunications, e-commerce, and manufacturing.
"The expectations of an entire nation to secure its utilities have fallen squarely onto the shoulders of electric power companies during the past several years," said Gary Sevounts, director of industry solutions for Symantec. "The challenge with introducing untested IT Security products into SCADA environment is that it can cause service interruptions, performance degradations, while still not addressing SCADA specific security needs. We believe this partnership will ease the mounting pressure by providing products, services and best practices for SCADA and corporate environments that have been tested and validated in SCADA environments."
About AREVA
With manufacturing facilities in over 40 countries and a sales network in over 100, AREVA offers customers technological solutions for nuclear power generation and electricity transmission and distribution. The group also provides interconnect systems to the telecommunications, computer and automotive markets. These businesses engage AREVA's 70,000 employees in the 21st century's greatest challenges: making energy and communication resources available to all, protecting the planet, and acting responsibly towards future generations.
About Symantec
Symantec, the world leader in Internet security technology, provides a broad range of content and network security software and appliance solutions to individuals, enterprises and service providers. The company is a leading provider of client, gateway and server security solutions for virus protection, firewall and virtual private network, vulnerability management, intrusion detection, Internet content and email filtering, remote management technologies and security services to enterprises and service providers around the world. Symantec's Norton brand of consumer security products is a leader in worldwide retail sales and industry awards. Headquartered in Cupertino, Calif., Symantec has worldwide operations in 38 countries. For more information, please visit www.symantec.com.
Symantec's Canadian operations are headquartered in Toronto with offices in Montreal, Ottawa, Calgary and Vancouver. For more information on Symantec products or current promotions, contact the Canadian office at (416) 441-3676 or access Symantec's Canadian Web site at www.symantec.ca. Symantec is an active member of the Canadian Alliance Against Software Theft (CAAST).
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FORWARD LOOKING STATEMENT: This press release contains forward-looking statements, including forecasts of future revenue, gross margin, operating profit, earnings per share and common stock equivalents, expected activities, 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; 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.
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