NASDAQ: SYMC 28.63 -0.29 -1% Volume: 6,166,118 December 13, 2017

Press Release Details

Symantec Positioned in the Leaders Quadrant of the Inaugural Magic Quadrant for Cloud Access Security Brokers

12/04/2017

Evaluation Based on Completeness of Vision and Ability to Execute

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Symantec Corp. (NASDAQ: SYMC), the world’s leading cyber security company, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the inaugural “Magic Quadrant for Cloud Access Security Brokersi” for its Symantec CloudSOC platform.

The Gartner Magic Quadrant is the culmination of research in a specific market and offers a graphical portrayal of vendor performance, including categories for Leaders, Challengers, Visionaries, and Niche Players. Criteria by which the vendors are measured include a company's completeness of vision and ability to execute. This report focused on Cloud Access Security Brokers (CASBs) evaluated 11 different vendors and placed Symantec in the Leaders quadrant.

Geared toward solving the unique security challenges of the “Cloud Generationii,” Symantec provides organizations visibility, data security and threat protection for cloud-based services. Symantec is dedicated to providing users a comprehensive, platform-centric approach by integrating critical enterprise security infrastructure, such as Data Loss Prevention (DLP), Secure Web Gateway (SWG), and Advanced Malware Protection across its entire product portfolio, including CASB solutions.

“As companies increasingly move business-critical information to the cloud, it’s crucial that we deliver a holistic and integrated security solution to protect that information and help organizations meet data compliance requirements,” said Mike Fey, president and CCO Symantec. “Our CASB solution brings together our expertise in data loss prevention and network security to give CISOs the control and protection their organizations need.”

Symantec’s CloudSOC platform approach to CASB leverages advanced data science and machine learning to deliver effective and scalable protection of cloud activity. Key features include discovery of Shadow IT, data governance and granular controls, encryption and tokenization, user behavior analytics, malware protection, and post-incident analysis. More information can be found hereiii.

i Gartner, “Magic Quadrant for Cloud Access Security Brokers,” Steve Riley, Craig Lawson, 30 November 2017.
ii https://www.symantec.com/solutions/cloud-generation
iii https://www.symantec.com/products/cloud-application-security-cloudsoc

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Symantec

Symantec Corporation (NASDAQ: SYMC), the world’s leading cyber security company, helps organizations, governments and people secure their most important data wherever it lives. Organizations across the world look to Symantec for strategic, integrated solutions to defend against sophisticated attacks across endpoints, cloud and infrastructure. Likewise, a global community of more than 50 million people and families rely on Symantec’s Norton suite of products for protection at home and across all of their devices. Symantec operates one of the world’s largest civilian cyber intelligence networks, allowing it to see and protect against the most advanced threats. For additional information, please visit www.symantec.com or connect with us on FacebookTwitter, and LinkedIn.

Source: Symantec Corporation

Symantec Corp.

Mara Mort, 650-527-8000

Mara_Mort@symantec.com