NEWS CATEGORIES:

NEWS ARCHIVE >>
SOFTPEDIA REVIEWS >>

Home / News / Security

Security

Symantec: Security Threat Is Gearing Toward Electronic Transactions And increasingly motivated by financial gains	By Marius Oiaga, Technology News Editor 3rd of November 2006, 16:09 GMT Adjust text size:


The security threat is sifting from the desktop toward electronic transactions. John Thompson, Chairman and CEO of Symantec Corp. revealed that the tendency, although not new, is accelerating. "While a few years ago many people were much more focused on attacking the machine and attacking the broad-based activities that were going on online, now all of a sudden we've noticed a significant shift in both the type of attack and the motivation of the attack," Thompson said. "The attacks that we see today are more targeted and more silent and their objective is to create true financial harm as opposed to visibility for the attackers." Thompson made this announcement at the Symantec Vision event in Tokyo, where the security company presented its Security 2.0 initiative designed to counter threats targeting electronic transactions. "You're going to see more and more targeted criminal activity and more and more B-to-C type activity being intercepted and taken advantage of. It's just going to grow, we have no doubt about that," stated the head of Symantec's Asia Pacific business, Bill Robbins adding that the corporate environment will increase security expenditures to built databases of the users that are accessing electronic transactions. "From a hacker perspective if they get your credit card number from the biggest company in the world or the 48,000th biggest company in the world it's still the same value to them."

Rating:

Good (3.1/5)

8 vote(s) so far

Read by 1,060 user(s) | Add comment | Link to this article

Subscribe to news |

Print article |

Send to friend

© Copyright 2001-2008 Softpedia
Contact:

SEARCH THE NEWS ARCHIVE :

Today's News | Yesterday's News | News Archive

MORE RELATED ARTICLES:

Symantec Announces NERC CIP Compliance Solution for Electric Utilities

Symantec Introduces Security 2.0

WinRar Trojan on the Loose

Vista PatchGuard Hacked

Symantec Advises Microsoft on PatchGuard

Symantec's Norton Internet Security 2007 Wins PC Magazine Editors' Choice for Security Suites

Symantec Reports Solid Second Quarter Earnings

Symantec Warns of Increasing Invalid Vulnerability Reports

Symantec Unveils Support for Microsoft Windows Vista

Symantec Announces Mobile AntiVirus 4.0 for Windows Mobile

Backup Exec 11d for Windows Servers Software

User opinions:

No user comments yet.

Be the first to express your opinion using the form below!

Share your opinion:

SUBMIT PROGRAM \| ADVERTISE \| GET HELP \| SEND US FEEDBACK \| RSS FEEDS \| ENTER NEWS SITE \| ENGLISH BOARD \| ROMANIAN FORUM
© 2001 - 2008 Softpedia. All rights reserved. Softpedia™ and the Softpedia™ logo are registered trademarks of SoftNews NET SRL.	Copyright Information \| Privacy Policy \| Terms of Use \| Update your software \| Archive