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Symantec Corp

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  • Hackers keep trying new targets in search of easy data Tuesday, 14 Apr 2015 | 12:02 AM ET

    SAN FRANCISCO— The health care sector has become the hot target for hackers in recent months, according to researchers at Symantec, a leading cybersecurity company that says it's also seeing big increases in "spear-phishing,"'' ransomware "and efforts to exploit newly discovered vulnerabilities in software used by a wide range of industries.

  • In the best-known annual study of data breaches, a report from Verizon Communications Inc to be released on Wednesday found that more than two-thirds of the 290 electronic espionage cases it learned about in 2014 involved phishing, the security industry's term for trick emails. Because so many people click on tainted links or attachments, sending phishing...

  • April 10- Security software maker Symantec Corp has been seeking buyers for its storage software business, Veritas, or the entire company for several months, sources familiar with the matter said. Symantec has approached NetApp Inc, EMC Corp and several private equity firms to gauge their interest, the people said, asking asked not to be identified as the...

  • A Q&A about the malicious software known as ransomware Wednesday, 8 Apr 2015 | 12:14 PM ET

    Ransomware is a growing threat to computer users, who can suddenly find they're unable to open or use their files when their machines are infected. A program called CryptoLocker appeared several years ago, and made files like word processing documents and photos inaccessible to computer users unless they paid a ransom, usually $500 to $700.

  • NEW YORK— It's a chilling moment: A message appears on a computer screen, saying the files are encrypted and the only way to access them is by paying a ransom. It happened at Jeff Salter's home health care business last December. The network of nearly 30 computers at Caring Senior Service was infected with ransomware, malicious software that hackers use to try to...

  • Fear fueling big money flows into this new ETF Monday, 6 Apr 2015 | 2:30 PM ET
    Workers from Select Energy Services at a Hess fracking site near Williston, N.D.

    In fewer than five months, assets under management have increased nearly 200 times to almost $500 million for this exchange-traded fund.

  • These hot tech stocks are 'criminally underinvested' Friday, 27 Mar 2015 | 9:00 AM ET
    (L-R) General Keith Alexander, former director of the NSA; FireEye COO Kevin Mandia; Lookout founder and executive chairman John Hering and moderator Andrew Ross Sorkin of CNBC's "Squawk Box" speak onstage during 'Cyber-Security/Cyber-Insecurity' at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 8, 2014, in San Francisco.

    Hacking is very bad news for big corporations but can be very good for investors on top of the latest in cybersecurity stocks.

  • NEW YORK, March 25- Patent holding company Intellectual Ventures' second crack at holding Motorola Mobility liable for using its technology without permission partially succeeded on Wednesday after a U.S. jury in Delaware found Motorola infringed a patent on multimedia text messaging. Another trial between the two, involving a single Intellectual...

  • Moscow- based cybersecurity firm Kaspersky Lab has become a leading authority on American computer espionage campaigns, but sources within the company say it has hesitated at least twice before exposing hacking activities attributed to mother Russia. Meanwhile, U.S. cybersecurity firms CrowdStrike Inc and FireEye Inc have won fame by uncovering...

  • Google launches cloud service for 'cold data' Wednesday, 11 Mar 2015 | 12:14 PM ET

    March 11- Google Inc introduced a cloud storage service for users to store "cold data" and access it much faster than traditional services. Amazon.com Inc's cloud service Amazon Web Services offers a similarly priced service called Glacier. Google listed data storage providers such as Symantec Corp, NetApp Inc and Iron Mountain Inc as partners for the new...

  • Working with investigators from Germany, Italy, the Netherlands and Britain, it was assisted by AnubisNetworks, a unit of BitSight Technologies; Microsoft Corp and Symantec Corp in dismantling the server infrastructure used by the criminals, Europol said. Authorities simultaneously seized servers in four countries after Microsoft and the Washington-...

  • Working with investigators from Germany, Italy, the Netherlands and Britain, it was assisted by AnubisNetworks, a unit of BitSight Technologies; Microsoft Corp and Symantec Corp in dismantling the server infrastructure used by the criminals, Europol said. Authorities simultaneously seized servers in four countries after Microsoft and the Washington-...

  • Tech's March Madness is coming. What to buy Thursday, 19 Feb 2015 | 7:48 AM ET
    Apple store China

    With tech stocks moving into its March Madness season, analysts say that stock plays on the Apple ecosystem and the so-called "Internet of Things" are buys.

  • BOSTON, Feb 12- Hewlett-Packard Co will become the largest company to hold an online-only annual shareholder meeting this March, joining a trend toward virtual conferences that some activists worry keeps CEOs off the hotseat. The Silicon Valley technology giant announced in a Feb. 2 securities filing that its March 18 shareholder meeting will be online only, a...

  • Early movers: AAPL, HAS, TE, FOXA, INTU & more Monday, 9 Feb 2015 | 7:51 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Feb 6- Symantec Corp, maker of the popular Norton antivirus software, was ordered to pay $17 million in damages on Friday after a federal jury in Delaware found it had violated two patents owned by Intellectual Ventures, a major patent licensing company. The verdict is a blow to Mountain View, Calif.- based Symantec. A Symantec spokesman said the company was pleased...

  • Feb 6- Symantec Corp, maker of the popular Norton antivirus software, was ordered to pay $17 million in damages on Friday after a federal jury in Delaware found it had violated two patents owned by Intellectual Ventures, a major patent licensing company. While a blow to Mountain View, Calif.- based Symantec, the verdict, which also confirmed the validity of the...

  • Early movers: TWTR, MSG, EBAY, GPRO & more Friday, 6 Feb 2015 | 8:00 AM ET

    Some of the names on the move ahead of the open.

  • Symantec announces $1 bln share buyback plan Thursday, 5 Feb 2015 | 4:14 PM ET

    Feb 5- Symantec Corp, best known for its Norton antivirus software, announced a new $1 billion share buyback program on Thursday. The company, whose security products usually come bundled with PCs, also reported a 3.9 percent fall in third-quarter revenue to $1.64 billion. Symantec's net income attributable to shareholders fell to $222 million, or 32 cents per...

  • Stocks close up sharply, boosted by Greece and oil Monday, 2 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed sharply higher on encouraging news from the Eurozone and stronger oil prices.