Antivirus pioneer Symantec declares AV “dead” and “doomed to failure”

[InfoSec News <alerts () infosecnews org>]

http://arstechnica.com/security/2014/05/antivurus-pioneer-symantec-declares-av-dead-and-doomed-to-failure/

By Dan Goodin
Ars Technica
May 5, 2014

Commercial antivirus pioneer Symantec has finally admitted publicly what 
critics have been saying for years: the growing inability of the scanning 
software to detect the majority of malware attacks makes it "dead" and 
"doomed to failure," according to a published report.

Over the past two reported quarters, Symantec has watched revenue fall, 
and sales are expected to flag again in the most recent period when the 
company releases financial results later this week, an article published 
Monday by The Wall Street Journal reported. The declines come as Juniper 
Networks, FireEye, and other companies have rolled out products and 
services that take a decidedly different approach to securing computers 
and networks. Rather than scan for files that are categorized as 
malicious, these newer techniques aim to detect, minimize, and contain the 
damage that attackers can do in the event that they penetrate a customer's 
defenses. Citing Symantec Senior President Brian Dye, the WSJ said:

[...]



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