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10 Things To Watch For From Symantec's Interim CEO Richard Hill

Here's a deep dive into why Symantec CEO Greg Clark left abruptly and how interim CEO Richard Hill plans to address challenges around channel performance, closing deals, and the company's enterprise security pipeline.

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4. Hill Will Capitalize On Growing Interest In Symantec's DLP Offering

The combination of Symantec's DLP and CASB product bundle delivers unparalleled data loss prevention in the cloud, according to Hill. Specifically, Hill said Symantec's DLP (data loss prevention) product is growing at twice the rate of the market as companies increasingly recognize the reputational damage they could suffer if their customers or employees' data is compromised.

Hill anticipates that Symantec's DLP offering will be the company's most rapid growth driver. Although the company's DLP tool is growing off a small base, Hill said it's positioned to become very substantive at its present growth trajectory.

Symantec's DLP product is at an inflection point, Hill said, and adoption of the product of is expected to continue growing handsomely over the next few quarters. And given the increased attention on cybercriminals trying to get at people's data, Hill said the company's DLP business has a promising future ahead.

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3. Hill Plans To Improve Communication Around Symantec's Email Security Tool

Symantec's email ATP (advanced threat protection) bundle blocks 98 percent of the threats delivered through email and closes them faster than any company in the world, Hill said. Conversely, Hill said the industry-leading email platform supplier is only 35 percent accurate at blocking threats.

But Symantec has poorly communicated the power of its email ATP bundle to the marketplace, Hill said, especially given that email is still the major delivery source of cyberthreats throughout the world.

Symantec needs to make sure that it's working closely with the channel to emphasize the security benefits of supplementing the industry-standard business email platform with Symantec's protection bundle, Hill said.

 
 
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