Symantec, which makes the Norton anti-virus that might be on your computer right now, thinks that anti-virus software is "doomed to failure" and thinks focus should be placed elsewhere.
Bryan Dye, senior vice president for information security, says the technology is no longer a moneymaker, and thinks the future is in spotting cybertattacks and minimizing their damage.
Antivirus products are catching less than half of all cyberattacks, Dye said, which puts his company between a rock and a hard place. Not least because antivirus products still make up about 40 percent of the company's revenue as of its fiscal third quarter earnings. And its cybersecurity systems it sells to big businesses and enterprises makes up half of that revenue, but comes with narrower profit margins.
Just because a company isn't making any money off of protecting you doesn't mean you shouldn't have security software on your computer! Visit my Security Center now to get protected - for free!