Symantec Corporation (SYMC), provides cyber security solutions worldwide. It operates through two segments; (1) Consumer Digital Safety and (2) Enterprise Security. The Consumer Digital Safety segment provides Norton-branded products that provide security for desktop and mobile operating systems, public Wi-Fi connections, and home networks to defend against online threats to individuals, families and small businesses. This segment goes beyond computer and network safety. It includes personal financial security as well through the LifeLock-branded identity protection services. LifeLock identifies and notifies users of the potential for identity theft by monitoring credit related events like opening a new credit card or applying for a loan or mortgage. As the name implied, the Enterprise Security segment provides cyber security services to small businesses and large enterprises including government and public sector customers. It also serves individuals and households with sophisticated security needs. Protecting enterprise networks is critical as a breach can result in loss of company and/or customer data, and potentially impede a company’s ability to conduct business. It also creates legal liabilities as well. This segment delivers its solutions through various methods such as software, appliance, and software-as-a-service. SYMC markets and sells its products and related services through direct sales force and co-marketing programs, distributors, Internet-based resellers, system builders, Internet service providers, employee benefits providers, wireless carriers, retailers, original equipment manufacturers, and retail and online stores. In the last 4 quarters, the company lost $106 million (0.17/share) on $4 billion in revenue.
