We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Symantec Unveils New Technology to Counter Cyber Attacks
Read MoreHide Full Article
Symantec Corp recently introduced its new technology — Email Threat Isolation — in a bid to counter advanced cyber-attacks in a more innovative and effective way.
Reportedly, this technology will protect devices against spear phishing, credential theft, account takeover and ransomware attacks.
Email Threat Isolation quickly detects malicious content and links from emails and quarantines them, substantially reducing the immanent risks of messaging applications.
Notably, malware attacks have increased 36% in the past year with spear phishing rising 55%. One in every six spam emails contain malicious links and about 30% of users open these emails. Also, 40% of U.S. citizens were affected by cyber security issue last year.
The growing sophistication of phishing activities is making it difficult to trace fingerprints of the attackers. It is to address this issue that Symantec dedicatedly worked on and came up with the integrated Email Threat Isolation solution.
Symantec, the Cybersecurity Guru
Symantec is the pioneer of complete and integrated email security solutions with threat isolation technology for enterprise email. It is currently the only vendor to offer innovative solutions to protect customers from today’s cloud generation email attacks.
The company’s Integrated Cyber Defense Platform has recently been enhanced with the first ever Web Isolation technology, which is incorporated in Symantec’s Web Security Service. The service provides protection against cyber threats while browsing.
Symantec is a notable player in the endpoint security market. The growing security threats and potential hacking attacks led the company to launch Symantec Managed Security Services - Advanced Threat Protection to help organizations assess the level of vulnerabilities, detect threats and mitigate intellectual property theft.
The company’s Integrated Cyber Defense platform gained traction with continued adoption in the final quarter of fiscal 2018.
Prospects are Bright
The Internet security market is an attractive space because of the increasing online traffic.
Hardware and software functionality including segments like firewalls, VPNs, intrusion prevention and detection and multi-purpose security known as unified threat management, are expected to boost Symantec’s presence in the cybersecurity market.
Per a recent report from Markets and Markets, cyber security market is expected to witness a CAGR of 11% between 2017 and 2022. The increase in security spending is therefore likely to bode well for this leading vendor of solutions.
Given the nature of its importance, the new platform is expected to boost the company’s top-line growth.
Long-term earnings growth for Adobe, YY and Verint is projected to be 16.20%, 26.43% and 10%, respectively.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
Image: Bigstock
Symantec Unveils New Technology to Counter Cyber Attacks
Symantec Corp recently introduced its new technology — Email Threat Isolation — in a bid to counter advanced cyber-attacks in a more innovative and effective way.
Reportedly, this technology will protect devices against spear phishing, credential theft, account takeover and ransomware attacks.
Email Threat Isolation quickly detects malicious content and links from emails and quarantines them, substantially reducing the immanent risks of messaging applications.
Notably, malware attacks have increased 36% in the past year with spear phishing rising 55%. One in every six spam emails contain malicious links and about 30% of users open these emails. Also, 40% of U.S. citizens were affected by cyber security issue last year.
The growing sophistication of phishing activities is making it difficult to trace fingerprints of the attackers. It is to address this issue that Symantec dedicatedly worked on and came up with the integrated Email Threat Isolation solution.
Symantec, the Cybersecurity Guru
Symantec is the pioneer of complete and integrated email security solutions with threat isolation technology for enterprise email. It is currently the only vendor to offer innovative solutions to protect customers from today’s cloud generation email attacks.
The company’s Integrated Cyber Defense Platform has recently been enhanced with the first ever Web Isolation technology, which is incorporated in Symantec’s Web Security Service. The service provides protection against cyber threats while browsing.
Symantec is a notable player in the endpoint security market. The growing security threats and potential hacking attacks led the company to launch Symantec Managed Security Services - Advanced Threat Protection to help organizations assess the level of vulnerabilities, detect threats and mitigate intellectual property theft.
The company’s Integrated Cyber Defense platform gained traction with continued adoption in the final quarter of fiscal 2018.
Prospects are Bright
The Internet security market is an attractive space because of the increasing online traffic.
Hardware and software functionality including segments like firewalls, VPNs, intrusion prevention and detection and multi-purpose security known as unified threat management, are expected to boost Symantec’s presence in the cybersecurity market.
Per a recent report from Markets and Markets, cyber security market is expected to witness a CAGR of 11% between 2017 and 2022. The increase in security spending is therefore likely to bode well for this leading vendor of solutions.
Given the nature of its importance, the new platform is expected to boost the company’s top-line growth.
Symantec Corporation Revenue (TTM)
Symantec Corporation Revenue (TTM) | Symantec Corporation Quote
Zacks Rank and Stocks to Consider
Symantec currently carries a Zacks Rank #3 (Hold).
Some stocks worth considering in the broader Computer and Technology sector are Adobe (ADBE - Free Report) , YY (YY - Free Report) , and Verint (VRNT - Free Report) . All three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings growth for Adobe, YY and Verint is projected to be 16.20%, 26.43% and 10%, respectively.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>