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Symantec appoints Faritec as first South African managed security services partner


Johannesburg, 11 Sep 2003

Symantec, the world leader in Internet security, today announced the appointment of Faritec as its first Managed Security Services (MSS) partner in SA. Symantec recently announced the introduction of its MSS offerings to the South African market and its intention to deliver these services through selected partners.

Faritec is a JSE-listed IT services company that provides managed business and technology infrastructure solutions. Already a Symantec Enterprise Security Partner, Faritec has satisfied rigorous criteria necessary for qualification as a Managed Security Services partner.

In terms of the partnership, Faritec will provide complete management of client environments, including the provision of risk profiling, vulnerability assessment, BS 7799 auditing and consulting, security roadmap design and implementation, firewall management and anti-virus updating from its secure operations centre in Woodmead. 24x7 monitoring will be provided by Symantec's Security Operations Centre from its location in the UK, where a massive 38-terabyte database is leveraged to constantly analyse activity on the networks of Faritec's clients.

According to Gordon Love, director of Faritec Strategic IT Services, the company is uniquely providing a complete managed security service to South African clients with the backing of Symantec's extensive monitoring facilities.

"As a fully outsourced solution, managed security maximises customers' investment in all security technologies with the added intelligence required to isolate real threats. Managed security services also removes the burden of having to keep up with the latest security technologies, as well as the need to recruit, train and retrain security professionals," says Love.

Love explains that managed security provides a vendor-neutral, comprehensive array of outsourced security management, monitoring and response services that help organisations to solve security problems cost effectively.

"In the past a company would be on its own in the event of an attack. MSS gives organisations access to the knowledge of Internet security experts in order to protect the value of their networked assets and infrastructure," says William Beer, Symantec's director for Symantec Security Services for Southern EMEA.

He explains that corporate firewalls, intrusion detections systems, and other security devices generate an immense volume of data that is virtually impossible to interpret without consuming significant in-house IT staff resources.

"With Symantec, Faritec is providing the only managed security service available in SA today that is fully capable of detecting, analysing and responding to the mass of security data a network produces - all in real-time, providing better protection than ever," says Beer.

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Faritec

Faritec, a leading, profitable IT company listed on the JSE, provides managed business and technology infrastructure solutions. Faritec combines intellectual capital, resources, technology and business processes to provide tailor-made IT solutions with the objective of assisting customers to manage their businesses more effectively. The company consists of three subsidiaries: Faritec Enterprise Solutions, Faritec Strategic IT Services and Inter-company Processes.

Faritec recently concluded an empowerment transaction with a consortium led by J and J Group (J&J), a strategic investment and management company and included union investment company, Lesaka Holdings. The consortium acquired 30% equity in Faritec and as part of the transaction, Faritec also acquired the operational assets of Consilience, an IT systems integration company and joint venture between J&J and Tata Africa Holdings (SA) (Pty) Ltd.

Symantec

Symantec, the world leader in Internet security technology, provides a broad range of content and network security software and appliance solutions to individuals, enterprises and service providers. The company is a leading provider of client, gateway and server security solutions for virus protection, firewall and virtual private network, vulnerability management, intrusion detection, Internet content and e-mail filtering, remote management technologies and security services to enterprises and service providers around the world.

Symantec's Norton brand of consumer security products is a leader in worldwide retail sales and industry awards. Headquartered in Cupertino, California, Symantec has worldwide operations in 36 countries. For more information, please visit www.symantec.com.

Symantec Managed Security Services

Part of Symantec's Enterprise Security Services, Symantec Managed Security Services delivers industry-leading security monitoring, management and response to our clients. Its 24x7 real-time services enhance an organisation's information security posture through continuous monitoring and management, expert analysis, and immediate response to potential security threats. From Symantec's Security Operations Centres (SOCs) around the world, Symantec Managed Security Services provides flexible, vendor-neutral offerings to meet a variety of business needs.

Symantec Managed Security Services provides organisations with a real-time view of their enterprise security posture and the analysis and commentary needed to adjust defences against emerging attacks, for optimal protection of mission-critical assets. For more information, please visit http://enterprisesecurity.symantec.com/SecurityServices/.

If you would like additional information on Symantec Corporation and its products, please view the Symantec Press Center at http://www.symantec.com/PressCenter/ on Symantec's Web site. All prices noted are in US dollars and are valid only in the United States.