Symantec to Acquire SecurityFocus
cbv writes "Symantec Corp. today announced the acquisition of SecurityFocus for approximately US$75 million in cash. The press release reads, '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."
Will we be seeing more minor security issues inflated to cataclysmic proportions just so Symantec can sell a few more virus scanners?
From: aleph1@securityfocus.com [mailto:aleph1@securityfocus.com]
Sent: Wednesday, July 17, 2002 5:28 PM
To: bugtraq@securityfocus.com
Subject: Administrivia: Symantec acquiring SecurityFocus
Good day,
Today, SecurityFocus and Symantec announced that Symantec is acquiring
SecurityFocus. Symantec sees real value in the services SecurityFocus
provides to its customers and believes they are an excellent fit with
their current offerings. We at SecurityFocus see this as an opportunity to
provide even better services for the security community.
Symantec recognizes the value and uniqueness of the public services
SecurityFocus provides to the community, such as the numerous mailing
lists we host and the content we provide via the SecurityFocus Online web
site.
In particular, Symantec and SecurityFocus want to ease any fears as to
whether the character of this mailing list will change.
Frequently Asked Questions:
Q. What is the Symantec strategy for keeping data sources?
A. We believe it is critical to maintain the integrity of the existing
security community currently part of the SecurityFocus portal and
Bugtraq mailing list.
Q. What is Symantec's disclosure policy?
A. Symantec believes in responsible vulnerability disclosure and is active
in initiatives to set best practices in this area. Our first priority
is to help our customers protect their computing assets by providing
tools and information to safeguard their systems.
We will work with vendors, if we discover vulnerabilities in other
products, to report and investigate the issue in a thorough and timely
fashion, in the same way that Symantec will work with other security
researchers if they find an issue with any Symantec technology.
We observe a 30-day grace period after the notification of a security
advisory to give users an opportunity to apply the patch. During this
grace period, we provide our customers significant information about
the vulnerability and the fix, but not step-by-step instructions for
exploiting the vulnerability. We do not provide detailed exploit code
or provide samples of malicious code except to other trusted security
researchers and in a secured manner.
Q. Will Symantec change SecurityFocus' vulnerability reporting policy?
A. We believe that in order for the SecurityFocus/Bugtraq community to be
effective, it must be an independent entity. We believe that its
current disclosure policy is appropriate for the venue. Symantec will
continue to operate with its separate disclosure policy.
Sincerly,
Elias Levy, David Ahmad,
and the rest of the SecurityFocus staff
Prediction: Symantecs products are going to suddenly become very secure.
I am not a number! I am a man! And don't you
This buyout (sellout?) makes the site a lot less credible in my opinion. They are simply going to use the site to sell more virus protection software.
their products will never be secure as long as they do not detect the fbi's spy software.
GoatPigSheep, the 3 most important food groups
The contest is on...
Which will be worse, the slashdot effect or the mass unsubscribes pounding the mailing lists??
There was a new list started about 2 weeks ago, directly because of this potential issue:
Here was the announcement:
Subject: Announcing new security mailing list
We are pleased to announce the creation of a new security mailing list
dedicated to FULL DISCLOSURE. When Scott Chasin handed over the bugtraq
mailing list, it was clearly dedicated to the immediate and full
dissemination of security issues. The current bugtraq mailing list has
changed over the years, and some of us feel it has changed for the worse.
If you believe in full disclosure, and wish to participate in unfettered,
and unmoderated discussions, please feel free to subscribe to the new
mailing list by accessing http://lists.netsys.com
Ahh, Symantec pledges to acquiese to FBI backdoor demands
This is a real problem and needs to be addressed.
Has Symantec policy changed with respect to things
like magic lantern and so forth?
bugtraq. Poof.
Serve as a FW/VPN
Act as a network IDS
Serve as a management console for Host IDS
Act as the A/V Manager
Because they have agents installed on every machine when you run Intruder Alert, NAV, or other tools, it would allow them to sync up the status of a host, network, etc. with the mothership at Symantec-Focus, and determine in real-time what devices are vulnerable. This is kind of cool in concept but not easy in execution.
My concern is that they already have bought other products, which are completely jacked up and are still not fixed. I spent my Thanksgiving morning last year doing a disaster recovery on a Symantec Intruder Alert System...what a mess that product is...where is the high availability, the fault tolerance, etc.? Again...cool concept, crappy execution.
This merger puts Symantec in direct competion with folks like eSecurityOnline, and I can tell you that for people already in bed with Symantec who have legal obligations to stay on top of vulnerabilities (e.g. Banks) this makes it a one stop shop for them. I see it as a conflict of interest. They should buy a couple of pen-test companies while they're at it and they can even validate their product implementations are secure ;)
While exaggerated, I think your post is probably and example of the future of any mailing list done by SecurityFocus. Sad. Symantec always seemed cheap and sleezy to me while SecurityFocus at least tried to be legitimate.
With this purchase, SecurityFocus' credibility (at least with me) has gone out the window. I can't see how they can continue to be credible when they've got a company in charge that ONLY cares about the bottom line. Just look at their irresponsible virus warnings (as you've so clearly demonstrated). Boooooo!
3cx.org - A truly bad website.
If they believe they just need to shell out 75 million dollars for a stinking mailing list in order to contral an important part of the world's infrastructure, they are idiots.
Getting something to work like bugtraq technically is absolutely no problem. A mailing list with 30000 subscribers, ok let it be 300000, isn't voodoo.
The "selling point" of bugtraq is/was the trust many people have in them, the people which post there, their policy. If anything would cause people to mistrust them, it needs just one trusted guy from the security community to start a new list, and bugtraq is dead. I've even read a post that one alternative has already started.
If someone like Dan Farmer, Wietse Venema or, for the hell of it, Bruce Schneier decided to start a bugtraq clone, the original would not stand a chance if its reputation had already been damaged.
We believe that in order for the SecurityFocus/Bugtraq community to be effective, it must be an independent entity. We believe that its current disclosure policy is appropriate for the venue. Symantec will continue to operate with its separate disclosure policy.
Pretty words, Mr. Levy and Mr. Ahmad. Now where is the proof?
Those of us who are working journalists remember the transition of ABC News under Roone Arlege from Cronkite-esque "news" to "entertainment" -- and know that "independence" is a very fragile concept, one that can be crushed very quickly and with little fanfare at any level including the board room. All it takes is one vote of no-confidence on the part of the management to completely change the editorial head, and thus the independence of SecurityFocus. You most likely mean well -- can the same be said of your bosses? Can you point to one Symantec acquition that proved that editorial independence has been achieved in the long run?
I was an expert witness at a multi-million dollar trial because a well-respected computer magazine's editorial staff prostituted themselves to shore up a bad space-sales management decision. It only takes one episode to sully the good name of a publication. (The name of the publication is withheld from public statement to protect the guilty and to keep me out of civil court for defamation.)
I'm happy you were able to get a pile of money, but don't think that SecurityFocus will be viewed the same way. Now, if you had made the sale to an outfit like O'Reilly, the SecurityFocus name would have retained its luster and elan in the industry.
All good things must come to an end. Thanks for all the fish.