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Symantec Buys SecurityFocus, among others....
From: full-disclosure () lists netsys com (Steve)
Date: Wed, 17 Jul 2002 15:01:51 -0600

I hate to say this guys but with all due respect:

I told you so!

Steve Manzuik
Moderator - VulnWatch

----- Original Message -----
From: "Charles 'core' Stevenson" <core () bokeoa com>
To: <full-disclosure () lists netsys com>
Sent: Wednesday, July 17, 2002 3:07 PM
Subject: Re: [Full-disclosure] Symantec Buys SecurityFocus, among others....

Isn't it great how the community is so nice in supporting the
exploitation and misuse of proprietary exploit source code to further
the large companies for-profit endeavours?


securityguru () hushmail com wrote:
Hash: SHA1


Symantec to Acquire SecurityFocus

Offers Most Complete Security Early Warning System Available

CUPERTINO, Calif. - July 17, 2002 - Symantec Corp. (Nasdaq: SYMC) today
announced the acquisition of SecurityFocus for approximately US$75 million
in cash. With this acquisition, Symantec will offer customers the most
comprehensive, proactive early warning system across the broadest range of
threats. The transaction is expected to close by early to mid-August 2002.

"SecurityFocus has established the most respected security community and
developed one of the leading early warning systems for customers around the
world," said John W. Thompson, Symantec chairman and chief executive
officer. "This acquisition will broaden Symantec's leadership in Internet
security response with the addition of the world's first global threat
management system, the most complete vulnerability database and customizable
alert services."

"We have developed our global threat management systems to provide
customers with timely and actionable information relevant to their
individual networks," said Arthur Wong, SecurityFocus co-founder and chief
executive officer. "Combined with Symantec's world-class antivirus
expertise, industry-leading intrusion detection solutions and back-end
infrastructure, we can rapidly deploy the most comprehensive threat
management solutions to our global customers worldwide."

SecurityFocus has developed the world's most comprehensive and
up-to-date database of vulnerabilities available. Symantec will continue to
license the Vulnerability Database to security product vendors, managed
service providers and other organizations that use it to create powerful new
security products and services for their customers.

In addition, Symantec will continue to manage the Bugtraq mailing list
and the online security community under the SecurityFocus brand. It will
continue to offer a forum for objective reporting by security experts on the
latest IT threats and attacks as well as how to prevent security breaches.

Symantec will also leverage the DeepSight line of global threat
management solutions. The DeepSight Threat Management System provides early
warning of attacks along with specific threat and patch information allowing
companies to proactively protect their networks. More than 15,000 partners
in more than 175 countries are registered to automatically provide a
constant stream of security data that is correlated and analyzed to identify
active attacks.

DeepSight Analyzer gives IT professionals the ability to track and
manage incidents on their own networks by automatically correlating attacks
from a multitude of intrusion detection solutions. The product manages
threats by comparing incidents on their network against the Vulnerability
Database, tracking attacks to resolution and generating statistical incident
reports. Using information about suspicious network traffic and intrusions
submitted by anonymous users, SecurityFocus identifies patterns in attacks
that help serve as a threat-gauging system for the Internet community.

By monitoring almost 11,000 distinct versions of more than 2,700
products from 1,300 vendors, SecurityFocus provides proactive, customized
alert services for environment-specific vulnerabilities and malicious code
alerts. DeepSight Alert Services can be configured to ensure that customers
receive only alerts that are relevant to their networks, enabling them to
deploy patches or work-arounds before vulnerabilities can be exploited.
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