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Rocio Castro. Communication Department.
October 31, 2005
Madrid, October 31, 2005 – Telvent GIT S.A. (NASDAQ: TLVT), the Global RealTime IT Company, and Symantec Corp. (NASDAQ: SYMC) announced today a strategic partnership to provide a comprehensive security solution for protecting Supervisory Control and Data Acquisition (SCADA) systems used for managing oil and gas pipelines. This SCADA security solution has been designed, and lab tested by Telvent, to address the increasing threat of cyber attacks and to enable oil and gas companies to meet regulatory requirements without adversely impacting performance or availability, from production through to transmission and delivery.
As part of the partnership, Telvent will recommend Symantec Gateway Security, Symantec Network Security, Symantec AntiVirus, and Managed Security Services to help Telvent’s end customer base of oil and gas companies secure their increasingly interconnected SCADA networks, ensure business continuity, achieve regulatory compliance, and avoid service disruptions associated with information security breaches.
“Many oil and gas companies are increasingly integrating their SCADA systems with corporate systems to achieve greater efficiency and more quickly adapt to changing market demands,” said Larry Stack, Vice President and Chief Technology Officer, Telvent. “While this interconnectedness can allow for cost savings, it also introduces more security risk. Our new partnership with Symantec allows us to offer our customers a trusted solution for preventing cyber attacks. This is yet another layer of value-add we can provide our end customers to improve their operational efficiency and comply with industry regulations and standards.”
“Whether the result of intentional attacks, accidents, or oversights, today’s SCADA and DCS systems are more vulnerable to infiltration than past proprietary systems,” said Gary Sevounts, Symantec's director of power and energy industry strategies and solutions. “Therefore, oil and gas companies need to be increasingly vigilant to protect against malicious or unintentional events that could result in downtime or a more serious event. This new partnership will assist companies in that effort.”
“Telvent already provides a high level of security protection as part of our standard OASyS DNA infrastructure,” said Stack. “As a result of our partnering with Symantec, we are pleased to be able to offer ‘best of breed’ supplemental protection to our customers who operate critical infrastructures in Oil and Gas, and other industries.”
Symantec is the world leader in providing solutions to help individuals and enterprises assure the security, availability, and integrity of their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at www.symantec.com.
Telvent (NASDAQ: TLVT), the Global RealTime IT Company, specializes in high value-added solutions for four specific industrial sectors (Energy, Traffic, Transport and Environment) in Europe, North America, Latin America and China. (www.telvent.com)