Symantec: Rise in Data Theft

CUPERTINO, Calif. -- The latest Internet Security Threat Report released today by Symantec Corp. (NasdaqGS:SYMC - News) reveals that the current Internet threat environment is characterized by an increase in data theft, data leakage, and the creation of targeted, malicious code for the purpose of stealing confidential information that can be used for financial gain. Cyber criminals continue to refine their attack methods in an attempt to remain undetected and to create global, cooperative networks to support the ongoing growth of criminal activity.

"Symantec's Internet Security Threat Report gives our organization a detailed analysis of worldwide Internet threats, helping us monitor security risks and adjust our technology and protection processes accordingly," said Dan Lohrmann, chief information security officer for the state of Michigan. "Safeguarding sensitive information and the public's trust is essential for our support of Michigan agencies providing law enforcement, health care, and citizen service. The report's comprehensive data on the global threat landscape complements our department's security operations."

Symantec's Internet Security Threat Report Volume XI reveals:

"As cyber criminals become increasingly malicious, they continue to evolve their attack methods to become more complex and sophisticated in order to prevent detection," said Arthur Wong, senior vice president, Symantec Security Response and Managed Services. "End users, whether consumers or enterprises, need to ensure proper security measures to prevent an attacker from gaining access to their confidential information, causing financial loss, harming valuable customers, or damaging their own reputation."Symantec Corp.