Symantec plans to cut cybersecurity costs by partnering with over 120 companies

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Symantec, a California based cybersecurity provider has decided to cut down costs related to cybersecurity by partnering with over 120 companies including IBM Security, Microsoft, Box, Splunk, Servicesnow, Oracle, Amazon Web Services. The objective of this partnership is to make its enterprise partners build and deliver more than 250 products and services that integrate with Symantecā€™s Integrated Cyber Defense (ICD) platform.

The ICD platform of Symantec is known to provide a uniform framework for data protection, threat detection, identity management and compliance across endpoints and applications, networks and clouds. Therefore, it allows companies to drop down the traditional practices of fighting cyber attacks using fragmented tools which usually prove expensive and are too complex to manage.

ā€œAs the industry is moving to a seismic shift of having integrated platforms for cybersecurity, Symantec is said to get a business edge over hereā€, said Art Gilliland, Executive Vice President and GM, Enterprise Products, Symantec.

Note 1- Nearly 2 and half years ago, Symantec developed its ICD after acquiring Blue Coat Systems and then integrated the tech of web and cloud security into its endpoint security, email, and data loss prevention technologies.

Note 2- Symantec acquired the technologies from Skycure, Fireglass, Appthority, Javelin, and Luminate, to address all emerging challenges related to the security field.

Note 3- Last year, the company opened its APIs and launched the service of integrating technology partners into its ICD to make it into broader ecosystem support.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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