Blackfin Security Acquisition FAQ

Transcription

1 Blackfin Security cquisitin F ugust 2015 Blackfin Security cquisitin F Businesses, rganizatins and gvernments glbally face a critical shrtage f cyber security prfessinals, which by recent estimates will reach a shrtage f millin by The increasing pace and scale f breaches has put a sptlight n the need fr cntinuus, hands-n preparatin, a new mdel fr skills assessment and develpment fr prfessinals entering and already in the wrkfrce. Fr fur years Symantec has been a leader in cyber security simulatin the gamificatin f skills assessment and develpment thrugh the use f immersive, hands-n infrastructure and situatins using realistic, virtualized systems, netwrks and applicatins fr attack, defense, incident respnse and mre. s part f Symantec s Security Simulatin slutin strategy we have acquired Blackfin Security Grup ( Blackfin Security, Blackfin ), which will enhance and accelerate innvative fferings t help imprve the cyber security readiness f ur custmers. Symantec and Blackfin Security have strategic alignment and a multi-year track recrd f delivery, including Symantec s CyberWar Games and Blackfin Security s immersive simulatin and awareness. The cmbined I and slutins will help develp the talent necessary t fill the cyber security gap, as well as enable security preparedness rganizatin-wide. The team will cntribute t the furth pillar, Security Simulatin, in Symantec s Cyber Security Services business unit, which als includes Managed Security Services (MSS), DeepSight Intelligence (including Managed dversary Threat Intelligence, r MTI), and Incident Respnse (IR). The cmbinatin f Symantec and Blackfin Security will help enhance the cllective security simulatin fferings, bring new Symantec fferings t market, and leverage the cmbined talent and I t accelerate delivery and create new cntent t address custmer needs in tday s threat landscape. By tapping int Symantec s wrld leading intelligence and wrking alngside Cyber Security Service s Managed Security Services (MSS) and Incident Respnse (IR) teams, custmers will recgnize value thrughut the security lifecycle. Changing the Game: Symantec is investing in the future and changing the way rganizatins becme cyber-ready. The acquisitin f Blackfin Security has significant synergy with ur existing strategy and expands ur prtfli t ffer new innvative fferings t assess and develp the security skill set f ur custmers. Pilts practically live in a simulated training envirnment befre they fly. The military, dctrs, and firefighters spend hundreds f hurs in real-life training scenaris. Security teams need the same pprtunity t safely practice and learn as they fight ff and get ahead f cyber threats. We re adding the nitrus xide t supercharge security teams everywhere. Filling the Knwledge Gap: It s difficult t hire, develp, and retain tp security talent. Technlgy alne will nt keep the bad guys ut r critical IP in. Peple are equally as imprtant as technlgy. Keeping security teams engaged, challenged, and versed in attacker-speak is key t the success f an rganizatin s security prgram. The innvative fferings frm this acquisitin will level the playing field and help develp the talent necessary t fill the cyber security gap, as well as enable security awareness rganizatin-wide. ccelerating Value t Custmers: The Blackfin Security acquisitin brings talent and IP t accelerate Symantec s ability t get rganizatins cyber-ready. Symantec will ffer new slutins spanning multiple rles and areas f cyber skills develpment, frm immersive live-fire attack simulatin, t ethical hacking training, t anti-phishing, t rganizatinal security awareness. By teaching hw attackers act and think, Security Simulatin gives security prfessinals the pwer t: Reduce the duratin and impact f attacks, by detecting them sner. Public Infrmatin 2015 Symantec - ll rights reserved Page 1 f 9

2 Blackfin Security cquisitin F ugust 2015 Prevent PTs, breaches and data leakage, by recgnizing and eliminating vulnerabilities in systems and applicatins and weaknesses in security tls. Imprve their skills, teamwrk and enthusiasm. Security Simulatin gives emplyers a tl t: ssess the cyber security skills and knwledge f their teams. Identify gaps in their staffing. Retain and cntinue t hne the skills f their tp security talent. Building CyberWar Games f the Future: Symantec has a multi-year track recrd f success in security simulatin starting with ur industry-leading CyberWar Games, sme f the largest annual cyber exercises held. Built n this success the Cyber Readiness Challenge has been held mre than 80 times in ver 30 lcatins wrldwide, allwing individuals and rganizatins t participate in and better understand a cyber attack. Symantec leveraged the talent and I frm these prgrams t deliver the always-n, Clud-based Security Simulatin ffering and the n-demand, instructr-led Cyber Security Exercise. Similarly, Blackfin Security has develped and delivered innvative slutins fr the past several years, which have wn an Interp Best f Security award n tp f custmer acclades. These have included phishing simulatin and awareness, user awareness, technical security develpment (including the Hacker cademy brand), and assessments and challenges (ThreatFrge). Public Infrmatin 2015 Symantec - ll rights reserved Page 2 f 9

3 Blackfin Security cquisitin F ugust 2015 Symantec Mre than 20,000 emplyees in mre than 50 cuntries. Wrld headquarters in Muntain View, C. Invests 13% f annual revenue in R&D and hlds mre than 1,200 glbal patents Ranked #379 n the Frtune 500 list Only cmpany t ffer a cmbinatin f Security Mnitring, Threat Intelligence, Incident Respnse and Security Simulatin Blackfin Security 15 emplyees based in the U.S. and Canada 50+ years experience in cyber security and simulatin Blackfin Security slutins are purpse-built arund the cncept f creating a mre secure enterprise thrugh engaging simulatin activities invlving emplyees at all levels Facts and Figures Over the past fur years Symantec has held mre than 90 CyberWar Games, Cyber Readiness Challenge and Cyber Security Exercises in ver 30 lcatins wrldwide Blackfin Security has a wide custmer base acrss its fferings, including cyber security prfessinals The emerging Security Simulatin market is estimated arund $200M USD with a 16% CGR The glbal anti-phishing market is estimated at $566M USD, with nging need due t the rising use f phishing in cyber attacks Gartner estimates the security awareness market at ver $1B USD Public Infrmatin 2015 Symantec - ll rights reserved Page 3 f 9

4 Blackfin Security cquisitin F ugust 2015 Frequently sked uestins What are yu annuncing tday? Symantec has acquired privately-held Blackfin Security, a leading prvider f slutins purpsebuilt arund the cncept f creating a mre secure enterprise thrugh engaging simulatin activities invlving emplyees at all levels. The cmbinatin f talent, experience and intellectual prperty between the tw cmpanies in cyber security simulatin will bring new and enhanced industry-leading t market at an accelerated pace. Were there any regulatry apprvals fr this acquisitin required? There were n regulatry apprvals required fr this acquisitin. Why did Symantec acquire Blackfin Security? T address rganizatinal needs tday t minimize detectin and respnse times, reduce peratinal csts, and practively address knwn and emerging threats, rganizatins need Security Simulatin slutins t becme cyber ready. Security Simulatin is a cre pillar f the Cyber Security Services prtfli, enabling rganizatins t assess and cntinuusly develp the awareness and technical skill set f their security teams and ultimately prepare them t identify and respnd t a cyber attack. The acquisitin f Blackfin Security has significant synergy with ur existing prtfli and prvides a cmpetitive advantage fr Symantec. The acquisitin f Blackfin Security will enhance Symantec s Security Simulatin ffering which delivers n ur strategy t imprve the cyber readiness f ur custmers. It enables us t accelerate ur g-t-market strategy and mre quickly make awareness and technical cntent available t ur custmers. The rich expertise and intellectual prperty f Blackfin Security s emplyees are imperative t cmbating tday s sphisticated adversaries. Cmbining expertise frm Symantec and Blackfin Security will help us deliver a differentiated slutin t cntinuusly prepare custmers fr real wrld cyber events. Hw des this acquisitin fit int the lng-term strategy f Symantec s Cyber Security Services (CSS) grup? Symantec cntinues t enhance and innvate its Cyber Security Services prtfli and deepen its cmmitment t enable custmers t cmbat tday s sphisticated adversaries. Symantec Cyber Security Services slutins enable rganizatins t detect, assess, and respnd quickly t an everchanging threat landscape. The CSS prtfli delivers glbal threat intelligence, real-time mnitring, incident readiness and respnse, and simulatin all supprted by a team f ver 500 experienced glbal security prfessinals. Security Simulatin is a cre pillar f the Cyber Security Services prtfli, enabling rganizatins t assess and cntinuusly develp the awareness and technical skill set f their security teams and ultimately prepare them t identify and respnd t a cyber attack. The acquisitin f Blackfin Security has significant synergy with ur existing prtfli while adding t it, cntinuing Symantec s market leading psitin. Why did Blackfin Security pursue an acquisitin by Symantec at this time? Blackfin Security is excited abut being a part f Symantec and mving the visin frward. Blackfin Security has wrked with Symantec fr three years helping t deliver the CyberWar Games and Cyber Readiness Challenge, including develpment f innvative cntent. Bth teams have been lking frward t wrking mre clsely tgether, which this acquisitin will enable. Hw big is the Security Simulatin and related markets? The emerging Security Simulatin market is estimated arund $200M USD with a 16% CGR. The glbal nti-phishing market is estimated at $566M USD with nging need due t the cntinued use f phishing in cyber attacks. Gartner estimates the security awareness market at ver $1B USD. Public Infrmatin 2015 Symantec - ll rights reserved Page 4 f 9

5 Blackfin Security cquisitin F ugust 2015 What will this mean t Symantec custmers? Symantec s custmers can lk frward t increasing value in the Security Simulatin ffering as well as several ptential new fferings based n this acquisitin. These fferings will help rganizatins glbally t engage and develp emplyees fr increased cyber readiness. Having wrked tgether fr several years the teams will be able t accelerate delivery f new and imprved fferings, helping custmers fcus n slving their security awareness and skills issues. Specifics arund fferings and radmaps will be prvided at a future date. What will this mean t Blackfin Security custmers? Blackfin Security s custmers can lk frward t the integratin f Blackfin Security s fferings int Symantec s prtfli, and t Symantec s brader industry leading security fferings. Blackfin Security s fferings will nt be available fr purchase r renewal; existing custmers as f clse will cntinue t have service and supprt thrugh the end f their cntract terms. Blackfin s prduct prtfli will be mved t the Symantec prtfli, with infrmatin being annunced at a later date. Specifics f the executin will be cnveyed t the custmers f each f Blackfin Security s fferings. What will this mean t Blackfin Security s The Hacker cademy custmers? Blackfin Security s fferings, including The Hacker cademy, will nt be available fr purchase r renewal; existing custmers as f clse will cntinue t have service and supprt thrugh the end f their cntract terms. Blackfin s prduct prtfli will be mved t the Symantec prtfli, with infrmatin being annunced at a later date. The Hacker cademy custmers will be ntified f this change. Specifics arund fferings and radmaps, including The Hacker cademy, will be prvided at a future date. Hw will this new cmpany be integrated int Symantec? The develpment, prduct management, and prduct marketing teams frm Blackfin Security will becme part f the Symantec Cyber Security Services (CSS) business unit led by Samir Kapuria. Fllwing the annunced split f Symantec and Veritas the CSS business unit will remain part f Symantec. Yu already partnered with Blackfin Security, why acquire them at this pint? The businesses f Blackfin Security and Symantec are strategically aligned with cmplementary fferings. This acquisitin creates an additinal cmpetitive advantage and accelerates the g-tmarket strategy fr Symantec s Cyber Security Simulatin Service. Blackfin Security s emplyees and fferings represent skills, experience, and aligned visin t accelerate the cyber readiness fr custmers. The cmbined team will be able t accelerate delivery f prducts and cntent, helping t fill the gap in cyber security skills and changing hw skills are apprached thrugh hands-n assessment and develpment. Will yu keep the Blackfin Security brand? N. Blackfin Security s brand will be integrated in accrdance with Symantec s glbal brand strategy. Prducts What prducts did Blackfin Security ffer? Blackfin Security prvided a fully integrated security assessment and develpment platfrm that delivered high quality assessment and simulatin t IT and Security prfessinals. This is a cmplementary service t Symantec Security Simulatin. Offerings included: Phishing Simulatin and wareness: Effectively prepares emplyees t act as the first line f defense thrugh simulated mck phishing s. This service successfully cnditins them t recgnize and reprt ptential phishing s thrugh unlimited targeted campaigns. User wareness: Blackfin Security s engaging slutin is designed t meet cmpliance mandates as well as the security standards f specific rles in a custmer s rganizatin. This equips teams with the knwledge they need t keep the netwrk and systems secure. Public Infrmatin 2015 Symantec - ll rights reserved Page 5 f 9

6 Blackfin Security cquisitin F ugust 2015 Technical Security Develpment: Technical, hands-n security develpment fr the practitiners and technical experts. ssessments and Challenges: Blackfin Security has develped the wrld s first fully integrated platfrm that delivers high quality awareness, skills assessments and simulatin t infrmatin technlgy and security prfessinals. Will Symantec cntinue t ffer Blackfin Security s prducts as standalne prducts? N, ur intentin is t discntinue Blackfin Security s fferings. Symantec will be integrating Blackfin Security s prducts int the Symantec prtfli. Blackfin Security s fferings will nt be available fr purchase r renewal; existing custmers as f clse will cntinue t have service and supprt thrugh the end f their cntract terms. Blackfin s prduct prtfli will be mved t the Symantec prtfli, with infrmatin being annunced at a later date. Where are the synergies between Symantec s and Blackfin Security s prduct fferings? Hw des Blackfin Security s technlgy cmplement Symantec s Security Simulatin fferings? There is significant alignment between Symantec and Blackfin Security s strategies as well as prduct fferings. Bth teams have been develping separate, yet cmplementary fferings. This acquisitin turns this synergy int a cmpetitive advantage, leveraging the cmbined talent and intellectual prperty t accelerate ging t market. This will allw Symantec s Security Simulatin t deliver n ur gal t enable custmers t cmbat tday s sphisticated adversaries and be cyber ready. Hw was the Blackfin Security prduct set delivered? Blackfin Security s prducts are delivered as clud services. Where were Blackfin Security s data centers lcated? Blackfin Security leverages glbal public clud prviders. When will yu prvide details n yur integrated prduct radmap? We will prvide details n the prduct radmap at a future date. Did Blackfin Security have any industry r gvernment certificatins? N. Blackfin Security des nt have any industry r gvernment certificatins. Did Blackfin Security have any issued patents? Blackfin Security des nt have any issued r pending patents. What des this acquisitin mean fr yur Symantec s CSS fferings The acquisitin f Blackfin Security will enhance Symantec s Security Simulatin ffering which delivers n ur strategy t imprve the cyber readiness f ur custmers. Symantec and Blackfin Security have strategic alignment in this space fcused n helping ur custmers t better assess and develp their cyber security skills. Custmers Wh were Blackfin Security s custmers? Blackfin Security has wrked with hundreds f custmers ver the past several years, including several in the Frtune 500. Did Blackfin Security have a glbal presence sales, partners, custmers, emplyees? Blackfin Security perated primarily in the US. Will Symantec cntinue t supprt Blackfin Security s existing custmer base? Symantec will cntinue t supprt Blackfin Security s existing custmer base during the life f their cntracts at clse fr each f the fferings. Public Infrmatin 2015 Symantec - ll rights reserved Page 6 f 9

7 Blackfin Security cquisitin F ugust 2015 In which regins will Blackfin Security's prducts be available? Symantec plans t discntinue Blackfin Security's prduct sales and incrprate their prduct prtfli int Symantec s prtfli at a later date. Blackfin Security s fferings will nt be available fr purchase r renewal; existing custmers as f clse will cntinue t have service and supprt thrugh the end f their cntract terms. Blackfin s prduct prtfli will be mved t the Symantec prtfli, with infrmatin including reginal availability being annunced at a later date. Blackfin Security had custmers utside f the U.S. re there are any exprt cmpliance issues with this acquisitin that culd impact custmer supprt? N. Blackfin Security ffered its prducts and services utside the U.S. Will Symantec still be able t exprt Blackfin Security s prducts and services fllwing the acquisitin? Symantec plans t discntinue Blackfin Security's prduct sales and incrprate their prduct prtfli int Symantec s prtfli at a later date. The radmap will nt be disclsed at this time. Was Blackfin Security a Symantec custmer and/r is Symantec a Blackfin Security custmer? Symantec currently is a custmer f Blackfin Security. By wning the technlgy, Symantec will be able t better direct and enhance the slutin t meet custmer needs and facilitate accelerated custmer adptin. This existing relatinship prvides an already-established culture f cllabratin and will better psitin us t mre quickly integrate the Blackfin Security team and tgether enhance the slutin. Pricing, Licensing, Ordering and Renewals Will I need t sign a new cntract after the acquisitin clses? N, nt with respect t Blackfin Security s existing custmers during the life f their cntracts fr Blackfin Security s fferings purchased befre clsing. Blackfin Security s fferings will nt be available fr purchase r renewal; existing custmers as f clse will cntinue t have service and supprt thrugh the end f their cntract terms. Blackfin s prduct prtfli will be mved t the Symantec prtfli, with infrmatin being annunced at a later date. Hwever, custmers will need t execute new cntracts with Symantec fr Symantec fferings fllwing integratin and availability. Will I be able t cnslidate my Symantec and Blackfin Security cntracts int a single cntract? N. Custmers shuld wrk with their accunt team r partner t execute new cntracts r add fferings t their existing cntracts with Symantec fr Symantec fferings fllwing integratin and availability. Will I be able t purchase Symantec and Blackfin Security slutins n a single purchase rder? Custmers will nt be able t purchase Blackfin Security slutins fllwing acquisitin, but will be able t purchase Symantec s slutins fllwing integratin and availability f the fferings. During the integratin int Symantec s prtfli Blackfin Security s services and supprt will remain available t existing custmers thrugh their cntract terms, but will nt be available fr purchase r renewal. Will there be a change in Blackfin Security s pricing? Custmers will nt be able t purchase Blackfin Security slutins fllwing acquisitin. Blackfin Security s fferings will nt be available fr purchase r renewal; existing custmers as f clse will cntinue t have service and supprt thrugh the end f their cntract terms. Blackfin s prduct prtfli will be mved t the Symantec prtfli, with infrmatin being annunced at a later date. We are nt disclsing Symantec pricing at this time. Public Infrmatin 2015 Symantec - ll rights reserved Page 7 f 9

8 Blackfin Security cquisitin F ugust 2015 Hw is the renewal prcess changing after the acquisitin? Blackfin Security custmers will nt be able t renew cntracts fllwing the acquisitin. Custmers will need t execute a new cntract fr Symantec fferings fllwing integratin and availability. Supprt / Services Will there be a change in Blackfin Security s supprt cntacts r services? Existing Blackfin Security custmers shuld cntinue t use their current Blackfin Security supprt cntacts and prcesses. The existing Blackfin Security supprt team will cntinue t supprt these custmers. We will advise f any changes t supprt in advance. Partners What will this mean t Symantec partners? Fr nw, there will be n impact t Symantec partners. s Blackfin Security s prduct prtfli is integrated int Symantec s prtfli partner access will be annunced. ny changes t channel prgrams r availability will als be cmmunicated in advance. What will this mean t Blackfin Security channel partners? Blackfin Security Channel partners are welcme t cntact Symantec regarding pprtunities t jin Symantec s Channel Partner Prgram; hwever, Blackfin Security s fferings will nt be available fr purchase r renewal fllwing clse. Blackfin Security channel partners will be ntified. Will the Blackfin Security prducts be available thrugh Symantec s channel? Symantec plans t discntinue Blackfin Security's prduct sales and incrprate their prduct prtfli int Symantec s prtfli at a later date. Blackfin Security s fferings will nt be available fr purchase r renewal; existing custmers as f clse will cntinue t have service and supprt thrugh the end f their cntract terms. Blackfin s prduct prtfli will be mved t the Symantec prtfli, with infrmatin being annunced at a later date. s the prtfli is integrated partner access will be annunced. ny changes t channel prgrams r availability will be cmmunicated in advance. What des this acquisitin mean fr Blackfin Security s current strategic relatinships? Blackfin Security s strategic partners are invited t jin Symantec s partner cmmunity. During the integratin int Symantec s prtfli Blackfin Security s fferings will remain available t existing custmers thrugh their cntract terms, but will nt be available fr purchase r renewal. Facilities Where was Blackfin Security based? Blackfin Security is incrprated in Nevada, and Blackfin Security emplyees are lcated thrughut the US and Canada. Hw will the Blackfin Security facilities be integrated int Symantec? There are n Blackfin Security facilities t integrate. Public Infrmatin 2015 Symantec - ll rights reserved Page 8 f 9

9 Blackfin Security cquisitin F ugust 2015 Emplyees Hw many emplyees did Blackfin Security have? Blackfin Security has apprximately 13 full-time emplyees and 2 full-time cntractrs. Hw will the Blackfin Security executives be affected? The rles and respnsibilities f the Blackfin Security executives are nt being disclsed at this time. What is Symantec s intent with regard t the Blackfin Security emplyees? One f the main reasns Symantec is acquiring Blackfin Security is because f the knwledge and experience in engaging simulatin and awareness activity slutins pssessed by Blackfin Security s emplyees. With years f experience in the space, such as their leading Hacker cademy and ThreatFrge fferings, Blackfin Security is recgnized in the market and has wn awards frm Interp. Blackfin Security emplyees will be jining Symantec. Public Infrmatin 2015 Symantec - ll rights reserved Page 9 f 9