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MOUNTAIN VIEW, Calif. – February 22, 2010 – Symantec Corp. (Nasdaq: SYMC) today released the findings of its global 2010 State of Enterprise Security study. The study found that 42 percent of organizations rate security their top issue. This isn’t a surprise, considering that 75 percent of organizations experienced cyber attacks in the past 12 months. These attacks cost enterprise businesses an average of $2 million per year. Finally, organizations reported that enterprise security is becoming more difficult due to understaffing, new IT initiatives that intensify security issues and IT compliance issues. The study is based on surveys of 2,100 enterprise CIOs, CISOs and IT managers from 27 countries in January 2010.

“Protecting information today is more challenging than ever,” said Francis deSouza, senior vice president, Enterprise Security, Symantec Corp. “By putting in place a security blueprint that protects their infrastructure and information, enforces IT policies, and manages systems more efficiently, businesses can increase their competitive edge in today’s information-driven world.”

Study Highlights

“Abu Dhabi Commercial Bank is a good example of an organization that has put an effective security strategy into place with an emphasis on addressing issues proactively,” continued de Souza. “The company has a complete solution set of products and services that provide 24-hour protection, threat monitoring and response, all for a fixed annual cost. This approach is more cost-effective than securing a network after it has been compromised.”

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About Business Solutions from Symantec

Symantec helps organizations secure and manage their information-driven world with IT Compliance, discovery and retention management, data loss prevention, and messaging security solutions.

About Symantec

Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at www.symantec.com.

Note to Editors: If you would like additional information on Symantec Corporation and its products, please visit the Symantec News Room at http://www.symantec.com/news. All prices noted are in U.S. dollars and are valid only in the United States.

Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

Forward-looking Statements: This information is about pre-release software. Any unreleased update to the product or other planned modification is subject to ongoing evaluation by Symantec and therefore subject to change. This information is provided without warranty of any kind, express or implied. Customers who purchase Symantec products should make their purchase decision based upon features that are currently available.

TECHNORATI TAGS: Cybercrime, cyber attack, data breach, data leak, security, compliance, cloud computing, virtualization

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