Cyber Crime Has Surpassed Illegal Drug Trafficking as a Criminal Moneymaker(1); 1 in 5 Will Become a Victim(2)

Thu Sep 10, 2009 8:00am EDT

* Reuters is not responsible for the content in this press release.

  CUPERTINO, CA, Sep 10 (MARKET WIRE) -- 
Every three and a half minutes a crime is committed on the streets of New
York City(3). Every two and half minutes a crime is committed on the
streets of Tokyo(4). But every three seconds, an identity is stolen
online -- that's nearly 10,512,000 identities each year. Cyber crime is
real crime; and it is more profitable, provides more anonymity, and can
be more difficult to prosecute than offline crimes. Today Symantec
(NASDAQ: SYMC), the makers of Norton software, has launched a crusade
against cyber crime.

    Symantec is exposing the inner workings of one of the largest illegal
industries in the world and arming the public with the information they
need to stay protected through a collection of educational and actionable
assets and corporate actions including:


--  Internet Black Market video series -- inviting the general
public to take a virtual tour and learn how the online criminal marketplace
operates, what is for sale and what the latest schemes of cyber thieves
are;
--  Every Click Matters website -- taking an entertaining and
educational look at the world of cyber crime, exploring digital dangers and
who's behind them, understanding whether cyber crime can happen to you and
educating on what you can do about it;
--  Norton Online Risk Calculator -- offering a quick and free tool
to evaluate your risk level and provide an estimated value of your personal
data to thieves in the criminal underground;
--  "Cyber Crime Exposed" Booklet -- educating on the threat of
cyber crime, the risk it poses and how to safeguard against it through
simple everyday steps;
--  Norton Internet Security 2010 and Norton AntiVirus 2010 --
bringing a powerful new defense against cyber crime and featuring ground
breaking new reputation-based security codenamed Quorum;
--  Making it harder for cyber criminals to scam you -- Symantec
works with governments and other agencies and organizations around the
globe to support and influence legislation, policy and public education as
it relates to online crime, Internet safety and privacy;
--  Norton Internet Safety Advocate -- Marian Merritt is a
nationally recognized representative for Symantec's ongoing efforts
surrounding Internet safety. She works alongside educators and public and
private organizations to help families enjoy the Internet safely and
securely. She also hosts the Internet
Safety blog.

    
Internet Black Market video series

    In this video series, Symantec invites you to take a virtual tour of the
Internet Black Market and learn how the online criminal marketplace
operates, what is for sale and expose some of the cyber criminals' latest
schemes.

    Every Click Matters website

    This new website offers a glimpse into the world of cyber crime, explores
digital dangers and who's behind them, exposes your risk and educates on
what you can do about it.

    Norton 2010 Microsite: www.norton.com/everyclickmatters

    Norton Online Risk Calculator

    Today Symantec also launched the Norton Online Risk Calculator. This quick
and free 2-minute survey evaluates a user's risk level and estimates the
value of their personal data to thieves in the criminal underground. How
much do you think your identity would go for? Find out now:
http://www.everyclickmatters.com/victim/assessment.html

    Cyber Crime Exposed Booklet

    New and free, this downloadable booklet "Cyber Crime Exposed" educates and
empowers readers to take a stand against online crime and provides
resources for victims. Available now at: www.norton.com/cybercrime

    Symantec Takes a Stand against Cyber Crime Worldwide

    Symantec works with governments and other agencies and organizations
around the globe to support and influence legislation, policy and public
education as it relates to online crime, Internet safety and privacy. The
following are global examples of our everyday work making an impact on
cyber crime:


--  Providing expertise and guidance to the White House as it establishes
the Office of Cyber security. (U.S.)
--  Providing input into the Investigative Powers for the 21st Century
(IP21C) Act which ensures law enforcement has the tools needed to fight
crime in today's computer and telecommunications environment. (Canada)
--  Being an active member of Singapore's Cyber Security Awareness
Alliance, a public-private partnership established to build a positive
culture of cyber security in Singapore, and promote and enhance awareness
and adoption of essential cyber security practices.
--  Providing expertise and guidance to policy makers in Asia Pacific
countries as they establish and review their cyber-security laws and
national e-security frameworks including the Philippines' Draft Data
Privacy Act and Draft Cybercrime Bill, Thailand's Draft Personal Data
Protection Bill, and Australia's Privacy Act and E-Security Review.
--  Working on a collaborative project through the European Commission for
ongoing research on the latest internet threats. The project commonly
referred to as WOMBAT (Worldwide Observatory of Malicious Behaviours and
Attack Threats) will help provide businesses and consumers the information
and tools they need for greater confidence online.
--  Partnering with and sponsoring Action Innocence, a non-profit
organization working to keep children safe online. (France)
--  Sponsoring NETZ FUeR KINDER, a public/private partnership of
governmental, non-governmental and private sector organizations promoting
children's safety online. (Germany)

    
Quotes

"At the heart of this issue are the cyber criminals making a
fortune online and the victims they leave behind. You don't have to be a
victim," said Rowan Trollope, senior vice president, Consumer Products
and Marketing, Symantec. "We're launching this aggressive initiative
because we know that education can do a lot to help people understand
just what 'common sense' steps they should take to protect themselves
online."

    Norton 2010 Lets Users Deny Cyber Crime

    With the introduction of the Norton 2010 products, Symantec empowers users
with a choice -- ALLOW or DENY cyber criminals a chance to destroy lives.
Upon downloading Norton 2010, every user has the chance to join the fight
against cyber crime by doing their part in signing up for Norton Community
Watch, a program which acts like a real world neighborhood watch program
that relies on the eyes and ears of the community to detect and report
trouble. The powerful new reputation-based security model in Norton 2010
products leverages the strength of the data from the 30 million
user-strong Norton Community Watch. Norton Internet Security 2010 and
Norton AntiVirus 2010 are available now for purchase in the U.S. through
retailers and the Symantec online store at www.symantecstore.com as well
as various retail locations and online.

    About Norton From Symantec

    Symantec's Norton products protect consumers from traditional threats with
antivirus, anti-spyware and phishing protection, as well as bots,
drive-by downloads and identity theft -- while also being light on system
resources. The company also provides services such as online backup and
PC tuneup, and is a trusted source for family online safety.

    About Symantec

    Symantec is a global leader in providing security, storage and systems
management solutions to help consumers and organizations secure and manage
their information-driven world. Our software and services protect against
more risks at more points, more completely and efficiently, enabling
confidence wherever information is used or stored. More information is
available at www.symantec.com.

    (1) Source: US Department of Treasury

    (2) Source: Consumer Reports

    (3) Source: 113,348 major crimes committed in 2008. Source NYPD
Statistics, 2008.

    (4) Source: National Police Agency, 2008

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Contact Information

Sondra Magness
Symantec
424.750.7576
Sondra_magness@symantec.com

Louis Cheng
A&R Edelman
650.762.2814
louis.cheng@ar-edelman.com

Copyright 2009, Market Wire, All rights reserved.

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