Symantec, the internet security provider, will present its 10th edition of the Symantec Internet Security Threat report on a webcast on September 28, 2006, at 9am PDT. We have reviewed the report issued on September 25 and find the threat assessment sobering.
The latest trends and key findings relating to fraud and identity theft crimes are in stark contrast to those provided by the Federal Trade Commission in recent months. The FTC presents a picture of declining crime while the Symantec report indicates rapidly escalating cyber crime activity. While it is possible that crime activity is rapidly escalating, while crime reporting is falling, it is more likely that one of these two methodologies for studying crime trends is flawed.
We see little reason to question Symantec’s findings.
You may view a flash presentation of Symantec’s finding at the following link:http://www.symantec.com/enterprise/threatreport/index.jsp
Click on Flash Presentation.