Mountain View, Calif. – November 15, 2016 – Norton by Symantec (NASDAQ: SYMC), today released findings from the annual Norton Cyber Security Insights Report, which sheds light on the truth about online crime and the personal effect it has on consumers.
The report found that consumers who were victims of cybercrime within the past year often continued their unsafe behavior. For example, while these consumers were more likely to use a password on every account, they were nearly twice as likely to share their password with others, negating their efforts. Further, 76 percent of consumers know they must actively protect their information online, but are still sharing passwords and engaging in other risky behaviors. Additionally, 35 percent of people have at least one unprotected device leaving their other devices vulnerable to ransomware, malicious websites, zero days and phishing attacks.
“Our findings show that people are growing increasingly aware of the need to protect their personal information online, but aren’t motivated to take adequate precautions to stay safe,” said Fran Rosch, executive vice president, Norton Business Unit, Symantec. “While consumers remain complacent, hackers are refining their skills and adapting their scams to further take advantage of people, making the need for consumers to take some action increasingly important.”
Given the rampant rates of cybercrime the complacency in consumer behavior is concerning. Within the past year, 689 million people in 21 countries were victims of cybercrime, an increase of 10 percent across the 17 countries that were measured in 2015.
With every connected home device purchase, consumers are unknowingly giving hackers a new avenue to launch attacks. In some instances, poor consumer security habits and vulnerabilities in connected devices are letting hackers into consumers’ homes.
The prevalence of cybercrime has merged with peoples’ perception of real-world risks. Many now see cybercrime dangers as equivalent to risks in the real world.
Experiencing cybercrime is a potential consequence of living in a connected world, but consumers still remain complacent when it comes to protecting their personal information online.
To learn more about the real impact of cybercrime and how consumers can protect their digital information, go here for more information.
The Norton Cybersecurity Insights Report is an online survey of 20,907 device users ages 18+ across 21 markets, commissioned by Norton by Symantec and produced by research firm Edelman Intelligence. The margin of error for the total sample is +/-0.68%. The U.S. sample reflects input from 1,002 U.S. device users ages 18+. The margin of error is +/- 3.1% for the total U.S. sample. Data was collected Sept. 14 - Oct. 4, 2016 by Edelman Intelligence.
Symantec Corporation (NASDAQ: SYMC), the world’s leading cyber security company, helps businesses, governments and people secure their most important data wherever it lives. Organizations across the world look to Symantec for strategic, integrated solutions to defend against sophisticated attacks across endpoints, cloud and infrastructure. Likewise, a global community of more than 50 million people and families rely on Symantec’s Norton suite of products for protection at home and across all of their devices. Symantec operates one of the world’s largest civilian cyber intelligence networks, allowing it to see and protect against the most advanced threats. For additional information, please visit www.symantec.com or connect with us on Facebook, Twitter, and LinkedIn.