Get a Pentest and security assessment of your IT network.

News

Symantec Writes Off $10 Million After Faulty AV Activation

Symantec forced to write off US$10 million in revenue after glitch in sales system. Glitch prevented some consumers from activating Norton antivirus software at the time they bought it. Problem affected less than half a percent of customers, CEO Enrique Salem said in an interview. The issue was disclosed Wednesday in company’s quarterly earnings announcement. The company’s revenue for the quarter, ended Oct. 1, was $1.48 billion, pretty much level with a year earlier. But storage and services groups dipped by 1 percent and 11 percent, respectively.”]

Source: https://www.csoonline.com/article/2126070/symantec-writes-off–10-million-after-faulty-av-activation.html

Related posts
News

Ashley Madison 2.0 Hackers Leak 20GB Data Dump, Including CEO's Emails

News

Art of Twitter account hacking

News

RasGas, The Second Victim!

News

Technical analysis of the Locker virus on mobile phones