Word: symantec
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...Some of the members of the FCIC seemed to agree that more regulation was not the answer to avoiding another financial crisis. John Thompson, chairman of security company Symantec and a former adviser to President George W. Bush, said to the executives, "Some of this oversight is management's responsibility, and not regulation." (See pictures of the global financial crisis...
...vulnerable is the Web? Extremely. Just about anyone with a modicum of determination can successfully mount an attack. The "tools and instructions are readily available at a low cost," says Oliver Friedrichs, a director at the security response unit of Symantec, a U.S. software firm. Internet chat rooms and bulletin boards can furnish would-be saboteurs with instructions on launching their own strike. And defending against these attacks is tricky. Large corporations can invest in clever hardware that detects odd patterns of requests for its websites and routes away the suspicious ones. Smaller firms, not used to handling huge volumes...
...what about P&G shareholders? While Wall Street has reacted coolly to some recent mergers (investors pummeled software firm Symantec after it announced a $13.5 billion bid for Veritas), the assessment on this one has been largely positive. P&G chief executive A.G. Lafley has argued that the combination will rev up sales of Gillette's men's grooming line, particularly in markets like China, where P&G is strongly embedded, and Procter's business stands to gain from Gillette's formidable operations in countries like India and Brazil. "Together, P&G and Gillette could grow at levels neither...
...doghouse. Holiday Hookups A rash of late-year megamergers struck the U.S., including health-care firm Johnson & Johnson's $25.4 billion takeover of Guidant; the long-awaited $10.3 billion Oracle-PeopleSoft marriage; phone provider Sprint's $35 billion merger with Nextel; and the uniting of software companies Symantec and Veritas in an all-stock deal worth around $12.5 billion...
...GODFATHER OF SECURITY SYMANTEC | U.S.A...