Symantec will report earnings on Thursday, and it has predicted a quarterly revenue down at least 5 per cent from the year-ago quarter.Ģ013 - 2018: Elyse began her career in journalism in 2006 as a reporter at several regional New York State newspapers and magazines, including the Press-Republican, North Country Scene, and Malone Telegram, where she covered a range of beats, from local politics to business. The company certainly needs to do something, apart from ousting yet another CEO, because its revenue has dropped over the last two quarters. Symantec will also try to provide you with the tools to prevent repercussions. The company now wants to 'detect and respond', so you can expect it to begin tracking data leaks and hacks. The list goes on.īecause Symantec is having trouble protecting its users from the myriad of cyberattacks present in the world, it has to change strategies. There are computer viruses (which can lead to criminal attacks like identity theft), as well as ambitious hackers from around the globe who orchestrate mammoth data breaches and implement malicious computer code. Part of the problem is that malware is super complex today. He even said such software misses 45 per cent of cyberattacks, meaning Symantec's own Norton suite currently leaves users vulnerable to attacks. What's more - Symantec doesn't view antivirus software as a 'moneymaker' nowadays. Specifically, Brian Dye claimed in an interview with The Wall Street Journal that antivirus software is 'dead'.

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Symantec antivirus software