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Symantec warns of risks in preparing end of financial year statements on unsecured PCs

Symantec encourages online security with end of financial year promotion

SYDNEY --NSW - 11 June, 2003 -- Symantec, the world leader in Internet security, is urging consumers and businesses to protect their financial data against malicious Internet activity, as they prepare statements and tax returns for the financial year.

With the Australian Tax Office (ATO) claiming a 100 per cent rise in the use of its free electronic TaxPack in the last financial year1, the trend is continuing for many consumers and businesses to prepare and submit their tax details and records from the home or office PC. Even when lodging a tax return over a secure connection, financial and personal information that remains on a hard drive can be vulnerable to hackers unless a firewall is installed.

One of the most dangerous aspects of filing taxes online is that users may be preparing their financial statements on unsecured systems, virtually giving hackers the ability to steal a person's identity and wreak havoc with their credit record. Other risks to financial information stored on the PC include key stroke logger programs which enable hackers to identify username and password entries and thereby access a user's details.

"Consumers and businesses must be vigilant this financial year by implementing Internet protection that guards their personal and financial data against viruses and hackers," said Carolyn Hay, Symantec's Consumer Sales and Marketing Manager for Australia and New Zealand. "Users should protect their financial data by having comprehensive Internet security products installed on their computer."

To encourage responsible protection from cyber threats this financial year, Symantec has provided a list of top tips for lodging tax returns safely online, and is offering a bonus six-month magazine subscription to customers purchasing Norton SystemWorks 2003, Norton Internet Security 2003 or Symantec pcAnywhere 2003 from their preferred software retailer until June 30, 2003. Customers can choose a subscription from one of the following popular magazine titles: Money Magazine, Australian Women's Weekly, Australian House and Garden and Australian PC User.

Symantec's Norton Internet Security 2003 combines antivirus, a firewall and other tools to provide comprehensive protection against hackers, viruses and privacy threats. Another key feature is Norton Privacy Control, which prevents confidential information such as a user's bank details, credit card or tax file numbers being sent accidentally over the web.

"Symantec encourages users to get the most out of the Internet to quickly and efficiently submit their tax statements, but, like any transaction conducted over the Internet, users must ensure they are safe before they take advantage of the enormous convenience the Internet has to offer," said Ms Hay.

Top Tips for Lodging Taxes Safely Online

Check the identity of who you are dealing with online If you are thinking of filing your taxes over the Internet, make sure you know the full identity of the company you are dealing with. In some instances, companies may appear affiliated with authorities or registered agents by using links, similar urls or keywords. This can lead to confusion for the consumer.

Conduct business only with companies that promise secure servers Make sure your tax preparation service keeps your information secure and private. You want a company that promises a secure server with SSL encryption technology to protect your personal information. SSL means "Secure Sockets Layer" - and many browsers use this technology to encrypt information during transmission of data.

Review their privacy statements
To be sure your online filing company will use your information only to file your return, review their privacy policy. The privacy statement will give you more information on ways the company promises to keep your data secure, and/or it may ask you whether you want to receive marketing offers from other branches of the company or their marketing partners.

Protect personal and financial information stored on your home computer If you're working on your taxes at home, chances are you also have personal and confidential records stored on your computer. This information may be vulnerable to hackers or to viruses that make it easier for hackers to find you.

Any computer that's connected to the Internet via dial-up or broadband is susceptible to hacker attacks. Once your machine is penetrated, a hacker can steal your private data, such as your financial records. Some viruses allow your information to be transmitted without your permission. Others, such as Trojan Horses, send out signals to hackers that your computer is open.

1 Australian Tax Office: October 2002

About Symantec
Symantec Corp. (NASDAQ: SYMC), 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 36 countries. For more information, please visit www.symantec.com.au

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