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Security industry news in general ...

Big_Buck

Two topic I have been following since few months ...

https://www.forbes.com/sites/richardstiennon/2020/03/16/the-demise-of-symantec/#234681845fc7

https://www.techradar.com/news/sophos-sold-in-dollar39bn-deal

Well.  Soon saying your leaving, unsatisfied, a supplier for another one, will mean nothing ...

Essentialy, Barracuda, Imperva, Veracode and LogRhytm are now under the same umbrella.  You can expect to see all platform sharing some components like AV engines for example.  Pretty soon, the differences will be on the lip stick only.

Symantec, as we know it, is dead.  Norton Lifelock, will migrate deeper in the cloud solution.

So, if you have desktops, you'll find it hard to protect it against malware relatively soon.

Paul Jr



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    Interesting enough, here's a note from the TechRadar article

    Thoma Bravo has recently purchased a number of cybersecurity firms but Hagerman said that it intends to keep Sophos as a standalone company once the takeover is complete. This will give the firm the opportunity “to continue to grow, expand and execute in its own markets”.

    Well, look at yesterday news, https://www.theregister.com/2020/06/04/sophos_100_redundancies_naked_security/

    Other sources have now confirmed to The Register that Sophos is slashing 16 per cent of its worldwide headcount, which, judging by its 2019 total of 3,400 people worldwide, works out at about 540 staff.

    In an all-staff email chief exec Kris Hagerman said: “Affected employees or their Works Council representatives, where applicable, have now been notified. For some affected employees, this is the start of a period of consultation. Others are now entering a transition period leading up to their departure, with some employees leaving Sophos this week. Approximately 16 per cent of all Sophos roles are potentially impacted.”

    From an outsider perspective, I guess you were right.

    Same thing that happened with pretty much all other companies Thoma Bravo bought.

     

    Also, if that news article is right, I'll be sad to see Naked Security go away, It is a decent blog.

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    Interesting enough, here's a note from the TechRadar article

    Thoma Bravo has recently purchased a number of cybersecurity firms but Hagerman said that it intends to keep Sophos as a standalone company once the takeover is complete. This will give the firm the opportunity “to continue to grow, expand and execute in its own markets”.

    Well, look at yesterday news, https://www.theregister.com/2020/06/04/sophos_100_redundancies_naked_security/

    Other sources have now confirmed to The Register that Sophos is slashing 16 per cent of its worldwide headcount, which, judging by its 2019 total of 3,400 people worldwide, works out at about 540 staff.

    In an all-staff email chief exec Kris Hagerman said: “Affected employees or their Works Council representatives, where applicable, have now been notified. For some affected employees, this is the start of a period of consultation. Others are now entering a transition period leading up to their departure, with some employees leaving Sophos this week. Approximately 16 per cent of all Sophos roles are potentially impacted.”

    From an outsider perspective, I guess you were right.

    Same thing that happened with pretty much all other companies Thoma Bravo bought.

     

    Also, if that news article is right, I'll be sad to see Naked Security go away, It is a decent blog.

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