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Sourcefire, Inc. (FIRE), Symantec Corporation (SYMC): Finding Strength in Security

As society becomes increasingly tied to the cyber world, threats of cyber attacks and the importance of cyber security becomes all the more important. Today, everything vital to our lives takes place in some form online, a trend that is only expected to continue into the future.

Cyber attacks made national and global headlines last month. Government officials were quick to bring attention to the attacks, and for the first time United States officials brought down the hammer by directly blaming the Chinese government. As expected, China denied their involvement amid a slew of evidence implicating the country.

In these attacks it is believed the United States military lost key material related to the design of a variety of advance military technologies that took billions of dollars and years to develop. Unfortunately for consumers, hackers and cyber criminals have been stepping up their game against you too. I would like to highlight a couple of companies that are well positioned to benefit from the meteoric rise in cyber threats.

Symantec Corporation (NASDAQ:SYMC)

For over 30 years, Symantec Corporation (NASDAQ:SYMC) has proven itself as a global leader in cyber security through continued innovation and a deep portfolio of services designed to protect people and information in any digital environment. As of the most recent quarter, the company reported that every fortune 500 company uses Symantec Corporation (NASDAQ:SYMC) technology for protection. Today, the company has its hands in all aspects of cyber security, including mobility, enterprise data solutions, and the emerging cloud-based industry.

Symantec Corporation (NASDAQ:SYMC)’s revenues are well diversified, both through differentiated product segments and geographic streams. As the world becomes increasingly mobile, Symantec Corporation (NASDAQ:SYMC) stands to benefit. The company offers both Norton Mobile and Enterprise Mobility to its customers. These services were designed to stay up to date with the every changing mobile environment in an effort to protect customer data at all times. In addition to mobile, the company has rapidly expanded its cloud based offerings. As a result, information giants such as IBM, Oracle, SAP, HP, and Microsoft have relied on the company for their cyber protection. Consider Symantec Corporation (NASDAQ:SYMC) as a more diversified approach to exposure to the cyber security industry as its customers include the everyday user, large organizations, and government affiliated agencies.

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