New Symantec Report Reveals Booming Underground Economy
Value of total advertised goods on underground economy servers during 12-month period was more than £184 million Reading, UK – Nov. 24, 2008- Symantec Corp. (Nasdaq: SYMC) today released its Report on the Underground Economy. The report details an online underground economy that has matured into an efficient, global marketplace in which stolen goods and fraud-related services are regularly bought and sold, and where the estimated value of goods offered by individual traders is measured in millions of pounds. The report is derived from data gathered by Symantec’s Security Technology and Response (STAR) organisation, from underground economy servers between July 1, 2007 and June 30, 2008.
- Published: 23 November 2008