Following a similar move by HP this week, Symantec makes public that it will split into two companies, one for security and one for information management.
The company is allegedly pondering a separation, with one company devoted to security and another focused on storage, reports Bloomberg.
Symantec's widely used and much maligned line of Norton security suites will get a major overhaul in September.
Chinese officials no longer approve the use of the two antivirus software vendors, according to reports.
Board member Michael Brown will serve as interim CEO while maker of Norton antivirus software hunts for its second chief executive in two years.
Cybercriminals are making their attacks personal, remotely locking your computers and smartphones until you pay a hefty ransom.
Regin's behavior suggests that the newly uncovered and "highly complex" spying threat came from a nation-state, Symantec reports.
The hard-to-detect malware is a Swiss Army knife of clandestine tools to extract information from targets in non-English speaking countries, experts say.
Security firms and Google reported DOS attacks on Web sites of Vietnamese activists.
From critical exploits to the tiniest bug, many security holes receive a tracking number through the US government. The system is being revamped to handle the ever-growing number of bugs, but the cure could create problems of its own.