(There are, of course, free credit monitoring services available, like Credit Karma.) Currently, LifeLock products start at $9.99 a month, which can be upgraded to $19.99 or $25.99 a month. The revenue has been strong enough that Symantec decided to become a "pure-play consumer CyberSafety business," as the company's CFO Vincent Pilette put it in Monday's announcement. Other perks include access to the company's VPN and reimbursements in the event hackers breach your banks accounts and steal your funds. The paid LifeLock products can also protect your devices from malware, but they've been largely advertised as identity protection services to monitor your credit rating and prevent fraudsters from hijacking your Social Security number. The LifeLock brand, on the other hand, has been trying to capitalize on the growing threat of hackers abusing the personal information leaked from data breaches. Demand for PCs has largely been stagnant in recent years, and free antivirus software, including Windows Defender, has emerged as a viable alternative to paid security products, according (Opens in a new window) to the research firm Forrester. The company is now focusing on security products for consumers and small businesses with the help of the LifeLock brand, which it acquired in 2016.Īlthough Symantec has been selling antivirus protection through its Norton security software for decades, the market for the product has been drying up. On Monday, the company completed its sale of the Symantec brand and enterprise cybersecurity business to Broadcom as part of a $10.7 billion deal announced in August. The antivirus company formerly known as Symantec has officially (Opens in a new window) renamed itself NortonLifeLock. How to Set Up Two-Factor Authentication. How to Record the Screen on Your Windows PC or Mac.How to Convert YouTube Videos to MP3 Files.How to Save Money on Your Cell Phone Bill.How to Free Up Space on Your iPhone or iPad. How to Block Robotexts and Spam Messages.
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