Suncorp Selects Symantec to Secure its Information

News Release

Suncorp Selects Symantec to Secure and Manage its Information, Minimising Data Loss Risk

Suncorp partners with Symantec to help improve its security infrastructure, reduce storage costs and simplify its data center management systems

Symantec Corp. (Nasdaq: SYMC) today announced that Suncorp, one of Australia and New Zealand’s largest diversified financial services providers, has chosen to partner with Symantec to secure its information, minimise data loss risk and reduce its storage and retrieval costs.

Suncorp provides a variety of banking, insurance and wealth management products to customers through an extensive branch and agency network throughout Australia and New Zealand. Suncorp’s services are also provided through call centre operations, online facilities and through intermediaries and corporate partners, making the company’s data protection requirements complex.

“To effectively secure and protect information across our corporate network and our extended supply chain, we require a flexible, scalable solution that offers a broad reach across our entire IT network,” said Paul Cameron, executive general manager, BT Infrastructure, Suncorp. “The Symantec solution provides us with substantially lower risk against attacks and data loss, while at the same time, offering a simplified data protection solution that will save us time and administration costs.”

“As banking customers in Australia continue to embrace the online world, many financial services organisations are partnering with Symantec to help secure and manage their information to minimise IT risk and maximise IT performance,” said Craig Scroggie, vice president, Symantec, Pacific region. “Online services present strong revenue opportunities for the financial services industry and with the help of Symantec, Suncorp will be able to broaden its online operations with confidence and provide an enhanced experience for its customers.”

Securing Data and Minimising Data Loss Risk
With some of Australia and New Zealand’s most well known brands (in New Zealand these include Vero, Guardian Trust, AA Insurance and Autosure), Suncorp was determined to find a holistic security solution that helped prevent security outbreaks, minimise data loss risk, stop malware and protect networked critical systems as well as remote and mobile users.

Reducing Storage Costs for Email and Unstructured Data
Suncorp will also use Symantec Enterprise Vault to archive its email and other unstructured data. With Symantec’s assistance, Suncorp will be able to better manage data and improve its ability to retain and protect corporate information while reducing storage costs and simplifying management.

“More and more organisations in Australia are being required to effectively retrieve content and corporate documents to meet legal and regulatory compliance requirements,” said Mr Cameron. “For Suncorp, Enterprise Vault will be critical to enabling the discovery of corporate data from email systems, file server environments, instant messaging platforms, as well as content management and collaboration systems to meet regulatory needs.”

To minimise the cost and complexity of its IT environment, Suncorp has also chosen to implement a unified data protection solution using Veritas NetBackup that provides desktop, remote office and data center protection across the entire organisation, working in unison with its shared storage platform.

About Suncorp
Suncorp-Metway Ltd is one of Australia’s top listed 25 companies and is Queensland’s largest listed corporation with a market value of more than AUD$18 billion. The Suncorp Group is Australia’s sixth largest bank and second largest domestic general insurer, with assets of AUD$84.9 billion and more than seven million customers across Australia and New Zealand.

About Symantec
Symantec is a global leader in providing security, storage and systems management solutions to help businesses and consumers secure and manage their information. Headquartered in Cupertino, California, Symantec has operations in more than 40 countries. More information is available at www.symantec.com.

ENDS

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