[ news_security_news ] Symantec Fishing For Antiphishing With WholeSecurity
John Stith Staff Writer
2005-09-23
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Megalith security firm Symantec agreed to buy WholeSecurity, a company which designs products aimed at fighting the most heinous anglers known as phisherman and there rather annoying baiting habits.
"WholeSecurity provides industry leading protection from phishing attacks, one of the fastest growing threats to online transactions, such as banking, e-commerce, and auctions," said Enrique Salem, senior vice president, Symantec Security Products and Solutions. "In addition, WholeSecurity's family of solutions provides critical behavior-based security technology that we expect to be a core component of Symantec's baseline consumer security and enterprise desktop solutions."
WholeSecurity, based in Austin Texas, provides protection from phishing scams, one of faster and nastier methods of cyber crime and is a growing threat to online transactions, including banking, ecommerce and auctions.
Behavior-based security technology identifies online threats such as worms, viruses, Trojan horses, keystroke loggers, and phishing sites by their actions and characteristics. WholeSecurity's Confidence Online analyzes the behavior exhibited by these threats against hundreds of detection modules to determine whether the active processes or web sites are safe or malicious. This technology can immediately detect and mitigate unknown threats by their behavior without traditional signatures or patches thereby protecting users against zero-day attacks.
"We have been the first line of defense for our customers, protecting them against new forms of malicious threats before signatures can be created," said J. Peter Selda, president and chief executive officer, WholeSecurity. "Combining our behavior-based technology with Symantec's industry leading solutions will allow us to deliver this capability to a much broader audience and move us further toward our vision of providing zero-hour protection for every endpoint."
This move makes good sense for Symantec because WholeSecurity walks in with some strong clients including Visa and eBay. This will strengthen Symantec all the way around and allow them to provide stronger services for their customers.
About the Author:
John is a staff writer for SecurityProNews covering cyber security.
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