MEMBER PROFILE
May 2004 Issue

Symantec
Few software companies can claim to have sold more
software than Microsoft. Yet for Symantec, which shipped more Norton AntiVirus packages in
September last year than Bill Gates shipped Windows, the achievement highlights the
growing concern about online security issues.
Last year in Hong Kong, approximately 32
percent of all companies suffered from some form of computer attack -- virus, hacking, denial of service and
information theft -- according to the Hong Kong Computer Emergency
Response Team Coordination Centre.
Despite being high, the figure does give some
cause for encouragement as it is down from 54 percent in 2002.
David Sykes, Senior Director, Symantec
Enterprise Sales, Asia Pacific, says there is a lot more awareness about online security
issues, but the greatest risk continues to be users themselves.
"Users still don't believe that they could lose
their job or their company could be damaged through a security breach," he says. "So everything starts on the company's security policy. If you don't have a policy then you are
wasting your money on technology, because it won't do you any good as long as
people continue to give passwords over the phone, or open attachments from people they don't know."
Although he views much of the coverage on
computer attacks in the media as hype, he welcomes the effect that they have had on
helping raise awareness of the problem. It has also kept the anti-virus market growing at
about 20-22 percent per quarter, and secured Symantec a 70 percent market share of the
consumer security market.
Expanding business
When Symantec set up in Hong Kong in 1995, it distributed a
wide range of software products, from WinFax to ACT Database. "The only thing we really do now is
security, he says. 'So we have moved from a company
that was quite broad in its product focus to one that is now the number-one Internet
security company in the world.
During that process, the company has also
diversified its client base from predominantly home users, to corporate consumers. Today,
over half of Symantec's global revenues come from
corporate clients, and the segment has become the focus of the company's growth strategy which seems to be
paying off.
Since 1999, Symantec's fiscal revenues have more than
doubled, from US$632 million to US$1.4 billion last year. With its recently released
Internet security packages, as opposed to standalone products, Mr Sykes expects sales to
remain brisk.
"Separate protection products,
from firewalls to anti-virus and intrusion software are commonly used now, but a big
challenge is to get all of those integrated into a single, seamless suite," he says. "This is a natural evolution that
has taken place with almost every popular software program."
Greater
awareness
Some people have argued that harsher punishment should be
meted out to offenders who unleash viruses, worms and even spam, but Mr Sykes says this -- if it
were possible -- would do little to curb the problem.
"I am quite certain that a lot of
people who write these viruses and worms particularly
the ones that are not malicious, but the ones that clog up the Internet probably don't realise that those same worms
are clogging up the pipes in a hospital or the calls of the emergency services, he says.
Even with harsher penalties, catching the
offenders is extremely difficult as governments efforts to hunt down and prosecute
spammers is proving. There have been examples where governments have said they are going
to get a spammer and put him in jail, only to trace the source back to one of their own
servers which they had left open.
"It is a little näive to think you can do this when
you actually stop and look at the world in which we work. What we should be focusing on is
how can we get word out about the damage this causes and how can we get kids to understand
that this kind of stuff is not cool, he says.
With everything from virus and spam attacks
to stolen personal data to porn intrusions, some of the appeal of the Internet is starting
to wane. Will the idea of controlled online communities which filter out such threats make
a comeback? Mr Sykes thinks not.
"At the end of the day, the
Internet is now beyond control," he says. "But I think future issues will be
more about not how people access the Internet, but how the Internet accesses their
lives."
Increasingly, this natural evolution will
move forward to a point where security will be integrated, or embedded into the Internet,
which is already starting to happen, as telecommunications companies explore ways to embed
filters and controls to protect their customers.
He also foresees that just as past standalone
software products have been merged into packaged suites, the same will be true for
security software. So instead of buying a firewall, anti-virus, intrusion and privacy
software from four different companies, managing the licenses and updating them one by
one, integrated security suites will provide a much simpler and securer solution.
"People won't go out and buy an anti-virus
program anymore. They will go out and buy an Internet security program," says Mr
Sykes.
 |
Company:
Symantec
Business: Internet
security
Established: 1990
Year joined HKGCC: 2001
Web site: www.symantec.com |
|
|