Symantec to launch transaction security solutions by year-end

Priya Padmanabhan

BANGALORE: Until now, Symantec's

consumer products like Norton

Anti-Virus protected PCs against viruses and worms. With interactions and

transactions increasing on the Net, the company is looking to develop products

to protect a PC from threats during the entire stage of transaction.

“Threats have become more individualized. Hackers are writing viruses that

can get bank account and credit card numbers. We now want to protect individual

transactions,” said Anil Chakravarthy, vice-president, India technical

operations, Symantec.

This security service will distinguish legitimate sites from illegal or

suspect sites by flagging the ones that are safe for transaction from the ones

that are risky. Symantec is terming this new wave Security 2.0. The transaction

would be coded with encryption software.

An anti-phishing

component, back-up and PC tune-up capabilities would also be included. The Beta

version of this holistic protection system that has been christened Norton 360,

will be launched by the end of the year.

While Norton 360 is not being developed at Symantec's development center in

Pune, Chakravathy does not rule out this happening in future. The Pune center

has been instrumental in developing data center products and file systems

management.

The company plans to double its current Indian team of 1700 in the next two

years. It is also on the lookout for a second development center outside Pune,

but has not zeroed in yet on a possible destination.

The company has outsourced its customer support for consumer products to

Sutherland and iSeva.

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