Mountain View, Calif. – August 25, 2015 – Symantec today announced it is securing more than one billion Internet of Things (IoT) devices, including everything from televisions and cars to smart meters and critical infrastructure. With IoT devices expected to number 25 billion by 2020¹, Symantec is leading the effort to protect consumers from hacks against their always-on, Internet connected devices.
"As IoT innovation and adoption continues to grow, so has the opportunity for new cyber security risks. This is the next frontier. In the automotive industry, hackers can literally steer the car and 'hit the brakes' from their keyboards," said Shankar Somasundaram, Senior Director of Internet of Things Security, Symantec. "Symantec is partnering with manufacturers in the automotive, industrial control, and semiconductor industries, in addition to our work in healthcare and retail markets."
As part of its broader Unified Security Strategy, Symantec is investing in and offering the industry's most comprehensive IoT security solutions. This approach includes authentication, device security, analytics and management to help prevent cars, medical devices, industrial control systems, and countless consumer electronics from becoming hacked, tracked and electronically hijacked as shown in recent news. Symantec's IoT technology portfolio includes:
Symantec's future plans to help enterprises address IoT security include introducing new technologies, such as an IoT portal for managing all IoT security from a single interface, and security analytics for proactively detecting anomalies that might indicate stealthy attacks on IoT networks.
To further fuel innovation in IoT security, Symantec recently announced a partnership with Frost Data Capital to incubate early-stage startups with funding, resources and expertise. Frost Data Capital underpins the incubator with seasoned entrepreneurs, proven innovation methodology and process, and deep expertise in big data analytics, IoT, industrials and healthcare. These startup companies will have the opportunity to collaborate with Symantec to solve the most complex challenges shaping tomorrow's threat landscape.
ymantec Corporation (NASDAQ: SYMC) is an information protection expert that helps people, businesses and governments seeking the freedom to unlock the opportunities technology brings — anytime, anywhere. Founded in April 1982, Symantec, a Fortune 500 company, operating one of the largest global data-intelligence networks, has provided leading security, backup and availability solutions for where vital information is stored, accessed and shared. The company's more than 19,000 employees reside in more than 45 countries. Ninety-nine percent of Fortune 500 companies are Symantec customers. In fiscal 2015, it recorded revenues of $6.5 billion. To learn more go to www.symantec.com or connect with Symantec at: http://www.symantec.com/social/.
FORWARD-LOOKING STATEMENTS: Any forward-looking indication of plans for products is preliminary and all future release dates are tentative and are subject to change. Any future release of the product or planned modifications to product capability, functionality, or feature are subject to ongoing evaluation by Symantec, and may or may not be implemented and should not be considered firm commitments by Symantec and should not be relied upon in making purchasing decisions.