As cyber threats diversify and expand, anti-virus provider Symantec is doing the same. Late Sunday, the company said it would shell out US$4.65 billion to acquire Web security provider Blue Coat. Here are five reasons why the deal could make sense for Symantec.
A malware program with data wiping functionality that was recently used to attack Sony Pictures Entertainment bears technical similarities to destructive malware that affected organizations in South Korea and the Middle East in the past.
A Canadian think tank called on Tuesday for continued scrutiny of U.S. security vendor Blue Coat Systems after a new technical analysis showed wide use of its products in countries with human rights and censorship concerns.
Blue Coat Systems Monday announced an agreement to acquire Crossbeam Systems for an undisclosed amount by year-end. This would mark the second time Crossbeam has been acquired in 2012, with private equity firm Thoma Bravo acquiring it just last month.
The practice of “security by obscurity” on the Apple’s iOS needs to improve as smartphone adoption increases, according to Blue Coat US vice president of Cloud services, Anthony James.