2015-06-22

-Focuses on developing world-class skilled and certified
professionals leading to employability, especially for youth and
women

NEW
DELHI /PRNewswire/ -- The National Association
of Software and Services Companies
(NASSCOM) and Symantec, the
global leader in cyber security, today signed a Memorandum of
Understanding (MoU) for "Building Cyber Security
Skills", an initiative to develop world-class skilled and
certified professionals. The MoU was signed in the presence
of R.
Chandrashekhar, President, NASSCOM and Michael A. Brown,
President and Chief Executive Officer, Symantec.

The development
is part of Prime Minister Narendra
Modi's call at NASSCOM's silver jubilee
in March
2015 to focus on global cyber security challenges.
Sector Skill Council (SSC) NASSCOM and DSCI along with Symantec
will focus on developing five prioritized job roles in cyber
security along with a master training program. Additionally, the
program also intends to fund the scholarship for 1000 women
undertaking the cyber security certification by NASSCOM.

R Chandrashekhar,
President, NASSCOM while talking about the MoU
said, "This is a positive
step towards our objective to address the cyber security issue at
large. This partnership will enable the industry to map existing
and future skills requirements and plug its demand-supply gap. The
program will also focus on developing pioneering models for scaling
capacity and enhancing employability through assessments and
certifications. We would like to thank Symantec for coming forward
for this crucial initiative."

NASSCOM had set
up Data Security Council of India (DSCI)
way back in 2008, proving its foresightedness and leadership in
cyber security by recognizing the need of setting up an independent
organization. DSCI has been instrumental in taking several
initiatives in developing capability, and has been actively
involved in developing and executing a framework for Cyber Security
Skills.

With the rise of
Internet related crimes, cyber security has become an area of focus
for NASSCOM and its member organizations, and the association has
launched several initiatives to promote data protection, security,
privacy codes and standards. Also, the role of security
professionals over the years has undergone major transformation,
leading to a sharp rise in the need for a larger and more dynamic
cyber security workforce. The demand for the workforce is expected
to rise to 6 million (globally) by 2019, with projected shortfall
of 1.5 million. Symantec and NASSCOM have collectively decided to
address this issue. This initiative also aims to facilitate
internships and placement of the certified candidates.

Talking about
Symantec's association with NASSCOM, Michael
A. Brown, President and Chief Executive Officer,
Symantec said, "With
the rise in targeted attacks aimed at Indian enterprises and
consumers, cyber security has become more important than ever
before. As a leader in cyber security, Symantec is deeply committed
to addressing the workforce skills gap in this area. With the
partnership with NASSCOM, we are taking the first big step towards
building cyber security skills in India.
The initiative will also facilitate internships and placement of
certified candidates, and is an extension in India of
the Symantec Cyber Career Connection (SC3), a program launched last
year to attract and train young adults and women in the field of
cyber security."

With the global
IT Security market estimated to be USD
77 billion in 2015 and grow at over 8% annually,
NASSCOM has been actively working towards building capacity for the
sector. Recently, NASSCOM and Data Security Council
of India (DSCI)
launched the NASSCOM Cyber Security Task Force to help
build India as
a global hub for providing cyber security solutions, developing
cyber security R&D plan and developing a skilled workforce of
cyber security experts.

About NASSCOM

NASSCOM® is the
premier trade body and the chamber of commerce of the IT-BPM
industry in India.
NASSCOM is a global trade body with more than 1800 members, which
include both Indian and multinational companies that have a
presence in India.
NASSCOM's member and associate member companies are broadly in the
business of software development, software services, software
products, consulting services, BPM, e-commerce and web services,
engineering services and animation and gaming. NASSCOM's membership
base constitutes over 95% of the industry revenues
in India and
employs about 3.5 million professionals.

About
Symantec

Symantec
Corporation (NASDAQ: SYMC) is an information protection expert that
helps people, businesses and governments seeking the freedom to
unlock the opportunities technology brings -- anytime, anywhere.
Founded inApril
1982, Symantec, a Fortune 500 company, operating one of the
largest global data-intelligence networks, has provided leading
security, backup and availability solutions for where vital
information is stored, accessed and shared. The company's more than
19,000 employees reside in more than 50 countries. Ninety-nine
percent of Fortune 500 companies are Symantec customers. In fiscal
2015, it recorded revenues of $6.5
billion. To learn more go to www.symantec.com or
connect with Symantec at: http://www.symantec.com/social/

For more
information,
please contact:

Sanjana
Shetty

Symantec Corporation

sanjana_shetty@symantec.com

Source: Symantec Corporation

Related stocks: NASDAQ-NMS:SYMC

Related Links:

http://www.symantec.com

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