Symantec Warns on CyberTerrorism

Posted by: Cliff Edwards on September 9, 2009

Here’s a sobering statistic: One in five of us will be victims of a cyber-attack, which are occurring at an astounding rate of every quarter of a second.


Following up on our recent story, security software company Symantec held an event in the Meatpacking District of New York called the Black Market. Invitees were taken on a 45 minute tour of a “cyber bazaar and operations center” that explained the rising cyber threats. Symantec also offer a first look at the new Norton Internet Security 2010, which went on sale Sept. 9.

One of the biggest new features of the Internet security software is a technology Symantec calls Quorum. It essentially checks a process or application that is running and compares it to a database of user information that is constantly updated to determine whether it’s a familiar application like Microsoft Word. If it isn’t, then the software might check how many people are using it before turning it over to typical heuristics detection for known viruses. Users are warned if Symantec can’t determine the authenticity of the application.

Another neat feature that Symantec will offer only through a link connected to its website is a tool that calculates how risky your Web-browsing behavior might be, then estimates what a cybercriminal might pay for your online identity (hint: Americans are worth nearly as much as Europeans in the cyber-attack world).

Some readers of the magazine story suggested Symantec is resorting to fear tactics to sell more software. The rising threats certainly seem real and are so sobering that the FBI deemed it important enough to attend Symantec’s event to highlight the issue.

I think it’s good to draw as much attention to the problem as possible, but does it seem to you like Symantec is taking advantage of the situation to turn it into a sales bonanza?

Reader Comments

Simpson

September 10, 2009 1:31 AM

Goofy title for this article.

oldfogie

September 10, 2009 4:58 AM

We should be scared and our security providers should be the ones scaring us.

Yes they make money from our paranoia, but fear is healthy for us but they are not bleeding us dry.

I would rather be scared healthy than be scared to death, the first event I have prepared for but the other event has has you are doing clean-up and damage control.

Which do you want!

cuberantcamper

September 10, 2009 1:08 PM

Norton Internet Security takes over your computer, downloads all kinds of crap, slows down everything, and then extorts money on a annual basis.
This is the cyber-attack to worry the most about.

Webkinz

September 10, 2009 2:16 PM

Security whether cyber or non-cyber is big issue today. Besides having security softwares like norton, users need to take preventive measures at there level too.
I still remember words by Croll, Hacker who recently hacked twitter. " Be careful where you click the files that you download and what you type on the keyboard. Ensure that the computer is equipped with effective protection against viruses, external attacks, spam, phishing … Upgrading the operating system, software commonly used … Remember to use passwords without any similarity between them. Remember to change them regularly … Never store confidential information on the computer …"


webkinz

eron

September 11, 2009 5:31 AM

amen to that Cuberantcamper. Trying to get norton of my PC was an epic battle that ended with me reinstalling. Ever time i thought it was gone i would find odd little files trying to call home to norton HQ or firing up and using CPU cycles

TJOODO

September 13, 2009 4:46 PM

thats why i have no guilt to get those software for not payin a penny . this is the reason they all charge soo much money and dont do shit matter fact sometimes i think they are the one who create all those bs attacks to fool consumer to buy their product . hackers for life for crack codes for security software that are not worth paying.

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Bloomberg Businessweek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, and Douglas MacMillan, dig behind the headlines to analyze what’s really happening throughout the world of technology. Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.

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