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Technology Stocks : Symantec (SYMC) - What does it look like?
SYMC 21.570.0%Jul 17 8:00 PM EDTNews

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To: JakeStraw who wrote (2060)2/7/2012 8:10:54 PM
From: Sr K   of 2068
 
Many articles on this tonight.


Hacker releases Symantec source code



Reuters – 1 hour 36 minutes ago


By Joseph Menn and Frank Jack Daniel

(Reuters) - A hacker released the source code for antivirus firm Symantec's pcAnywhere utility on Tuesday, raising fears that others could find security holes in the product and attempt takeovers of customer computers.

The release followed failed email negotiations over a $50,000 payout to the hacker calling himself YamaTough to destroy the code.

The email thread was published on Monday, but the hacker and the company said their participation had been a ruse. YamaTough said he was always going to publish the code, while Symantec said law enforcement had been directing its side of the talks.

The negotiations also might have bought Symantec time while it issued fixes to the pcAnywhere program, which allows customers to access their desktop machines from another location.

"Symantec was prepared for the code to be posted at some point and has developed and distributed a series of patches since January 23rd to protect our users against known vulnerabilities," said company spokesman Cris Paden.

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finance.yahoo.com
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