Symantec CEO on Cyber Security

" I when your computer catches cold and maybe talk to call in the digital vaccinated this -- and live from Silicon Valley part of her three days in the valley series. Got a special guests -- of semantic and I presume your first question will not be. Where they put the thermometer."

" You know why. I had to go there -- I got to the got to. I don't tell you something that these are the cyber security guards out there in the Internet world and on your laptop but the landscape is changing and of course now President Obama. Has made it a top priority as he says a couple of things number one. That terrorists could actually go on the Internet and effectuate terrorist acts it would be an awful thing how is a company like the man that really involved in making sure that doesn't happen Enrique Salem is the CEO of the vet tech -- Before we even get to that. I have to tell you guys we're just talking about the scandal because Rupert Murdoch saying that. Newspapers will not die entirely you said newspapers and their current form are dead and I said what saves them and you said. I said that all --"

" Go digital and people be using instead he goes to the curve in the morning get their newspaper they're going to have it by the bedside. We'll have the latest news in the basically you have a -- I love it what newspapers do you download on I get -- both in New York Times and The Wall Street Journal every day every day. Every day and it's great because I can skim through very quickly I can search so if I'm looking for an article about. The Air France that plane I can find it immediately and I'll pay my kids they'll never. -- newspaper they'll always have -- the."

" Formally -- book an iron depressing because I like the whole field that at. -- tactile feel of the newspaper let's talk about Symantec through this is obviously an opportune time to be speaking with you not the least of -- issues this President Obama talking specifically. About what's going on out there and you were there with the president when he made major announcements about Internet security. But we're also comparable now sending things up into the cloud computing world the Internet in the sky. Can you protect us out there."

" I think what's happened the president. Very clearly said that all of our computers. Are part -- digital infrastructure of the country and they are critical to our prosperity which I think was great to hear for us is that we do is protect. The digital infrastructure of the United States can we protect you absolutely the threats have become more self being their invisible they could be on your computer and you wouldn't even know. And that means they're waiting to potentially get a signal to do some malicious activity as they could large launching large Internet attack. Without even knowing it using your computer how the -- protect me from that so we do is we are. Looking for any bad behavior. Anything that looks abnormal we can detect were also looking for the reputation things so right you don't just trust somebody you think about why they. Who what I know about them and so we're very focused on what we call reputation based security. And what is that that's the first I've heard about this if you want to go to a restaurant you know you might look at jackets and might say what do other people thing. Well the concept that security is what do other people think and have we seen enough above the application or the."

" Program this time around before -- to run so all of a sudden you open yourself up to that type of problem that it. In the -- this I just worried about cookies and spam and now it is so much deeper."

" Well what's happening is the threats used to be. Visible they wanted you to no they were there because they were trying to get famous they were trying to get attention. Now they're trying to steal credit card now they're trying to steal your identity when you go on -- what they're trying to do say connect -- to giving me."

" Confidential information and I need to pay your service for that is what I'm hearing you say. Your HP consumer PC deal is very important and lucrative what exactly does that deal expire because the competitors. I -- McAfee circling like sharks they want that deal are they going to snatch it away from him."

" We you know it's interesting is they don't have the facts and say we're saying it was going to be -- at the end of the -- and -- absolutely not -- we haven't disclosed -- there's there's -- confidentiality -- but. It's not this year. So you are still with HP absolutely and -- we're providing them not only the security software but lots of it touched off."

" you don't want to -- that deal as we finish up you've got two billion dollars in cash. Acquisitions compelling valuations and out the opportunities have become cheaper are you buying."

" we're looking at a lot of things about where no rush I think this economy doesn't Fortis as you suggest blocked a great opportunities and has some pretty cool things out there. After looking that's what I hear how are always looking we're always looking we always find pretty neat stuff I will tell you right now though. We can afford to be patient because private company valuations. They haven't been -- they will be reset later this year I believe and then to be some great. News shopping opportunity."

" I'm watching the calendar them Enrique Salem is the CEO of semantic keeping us safe from. Worms and viruses and terrorists out there in the Internet world thank you very much big -- we'll see you next time the aggregate sale of in the next half hour the CEO. Of Intel Paula ought to leave me Brian back to you -- TV news we say that's a -- There's thank you very."