Symantec CEO on Ransomware Attacks, Recent Acquisitions

The video discusses the key ransomware attacks and trends of 2017, highlighting the impact of WannaCry and Petya. It explores the economics of ransomware, including pricing and the emergence of tools for creating attacks. The discussion extends to the broader cyber threat landscape, emphasizing identity theft and IoT risks. Symantec's strategic acquisitions, such as Bluecoat and LifeLock, are examined, along with their integration strategy. The video concludes with insights into global cybersecurity trends and increasing market demand, particularly in emerging economies like India.

What was a significant finding about ransomware infections in the first half of 2017?

• Businesses accounted for 42% of all infections.

• Ransomware attacks decreased significantly.

• Ransomware attacks were limited to a few countries.

• The average ransom demand was $1000.

What is a major concern related to IoT devices in homes?

• They require constant updates.

• They are being used for malicious activities.

• They are becoming obsolete quickly.

• They are too expensive for most consumers.

Which two major acquisitions did Symantec make to transform its business?

• Bluecoat and LifeLock

• Fireglass and Skycure

• Norton and McAfee

• Trend Micro and Kaspersky

What trend is increasing the attack surface in emerging economies?

• The rise of cryptocurrency.

• The shift to cashless economies.

• The decline in internet usage.

• The increase in physical banking.

What was the response to Symantec's new service launch with Airtel in India?

• It was delayed due to regulatory issues.

• It was met with little interest.

• It faced significant technical issues.

• It received a strong and positive response.