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Symantec to acquire WholeSecurity

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CIOL Bureau
New Update

MUMBAI: Symantec Corp. today announced that it has signed a definitive agreement to acquire WholeSecurity, Inc., a behavior-based security and anti-phishing technology provider.

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Whole Security's technology analyzes the characteristics and actions of viruses, worms and other malicious code to offer real-time protection against these threats without the need for traditional security signatures. The transaction is expected to close in October.

"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."

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.

WholeSecurity's patent-pending behavior-based technology addresses

applications ranging from browser-based phishing detection and notification

to on-demand delivery of malicious code detection.

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