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Symantec CEO Raises Awareness of Cyber Terrorism

While physical security is top of mind, Symantec warns a cyber attack on critical infrastructure could be just as real

SYDNEY --NSW - November 7, 2002 -- Symantec, the world leader in Internet security, is encouraging industry and government to give online security the same priority as the physical protection of its assets. In Sydney this week to address the Symantec Security Summit, Symantec Chairman and CEO John W. Thompson said the operation of much of a country's critical infrastructure is dependent on the seamless running of its computer systems. Neglecting the security of those systems can potentially reap significant political and financial damage.

"Recent terrorist incidences have raised awareness and debate about the physical security of Australia's critical infrastructure, but equally important is the protection of the country's computer networks because an attack on them is a threat to the backbone of the infrastructure itself," said Mr Thompson.

"No country or industry can afford to be complacent. With the ongoing privatisation of utilities and other critical infrastructure, and the increasing occurrence and complexity of security threats, private and public sectors must make cyber security a priority," he said.

Citing the October denial of service attack on the Internet root servers and the wide spreading Bugbear virus as the most recent examples of threats against global industry, Mr Thompson said the potential for terrorist groups to attack Australia's, or any other country's, information systems is real. Government and industry groups as well as the general public must be prepared for attacks of this nature.

According to a 12-month study of Internet security breaches, the Asia Pacific region is one of the most prominent sources of hacking incidences, accounting for 91 per cent of all attacks outside of the U.S. An Australian study involving 95 organisations reported that financial losses of almost A$6million resulted from computer attacks, crime or misuse within the 12 month period.

"Every business, small or large, and every individual who owns a PC and is connected to the Internet, could be unwitting participants in malicious cyber acts simply by not being protected against attacks. Everyone has the opportunity and a responsibility to secure their portion of the global virtual border," said Mr Thompson.

He applauded the Australian Government and relevant industries for their proactive stance to date on developing strategies to counter cyber terrorism. Symantec has been in active discussions with key industry groups both in Australia and in other countries to ensure the integrity of global infrastructures and that best practices are promoted in the general public and business communities.

In Australia, Symantec has been working with the National Office for the Information Economy (NOIE) and the Attorney-General's Department to raise cyber security awareness for consumers and enterprises on the Business-Government Critical Infrastructure Task Force.

NOIE General Manager (Regulatory), Tom Dale said: "It is clear that governments, corporations and individuals around the world must be prepared for the very real threats to our electronic security. The Australian Government has been working with Australian industry groups to ensure cyber security is a priority for the corporate sector and for SMEs and home users, so that a trusted and secure electronic operating environment is available to all."

Mr Thompson has called for a public education program to raise the profile and significance of cyber security. He has encouraged the Australian Government and industry to support the next U.S. Cyber Security Day on 30 March 2003, aimed at promoting safe online practices and encouraging consumers and businesses to play their role in cyber security.

As part of its local public and industry education initiatives, Symantec works closely with the Australian Computer Emergency Response Team, the Internet Industry Association Cybercrime Taskforce, and regularly liaises with State and Federal Computer Crime Agencies to exchange information about computer crime.

Symantec cyber security initiatives
Symantec has provided a leadership role in several U.S. homeland security initiatives including content recommendations on the U.S. National Strategy to Secure Cyberspace recently released for public comment.

Mr Thompson was recently appointed to the (U.S.) National Infrastructure Advisory Committee (NIAC) by U.S. President George W. Bush. The NIAC was established by the President to provide advice on the security of information systems for critical infrastructure supporting key sectors of the national economy, including banking and finance, transportation, energy, manufacturing, and emergency government services.

Additional activities include the 2002 Silicon Valley Blue Ribbon Task Force on Aviation Security and Technology, chaired by Thompson. Symantec is a founding member of The National Cyber Security Alliance, a coalition of private and public entities to raise awareness of the value of cyber security throughout the U.S. In addition, Symantec is also a founding member of IT-ISAC (Information Technology Information Sharing and Analysis Centre) and serves on its board of directors.

About Symantec
Symantec, the world leader in Internet security technology, provides a broad range of content and network security software and appliance solutions to individuals, enterprises and service providers. The company is a leading provider of client, gateway and server security solutions for virus protection, firewall and virtual private network, vulnerability management, intrusion detection, Internet content and e-mail filtering, remote management technologies and security services to enterprises and service providers around the world. Symantec's Norton brand of consumer security products is a leader in worldwide retail sales and industry awards. Headquartered in Cupertino, Calif., Symantec has worldwide operations in 38 countries. For more information, please visit www.symantec.com.au

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