Online security affects the whole economy

According to John Thompson, CEO of Symantec, if it is not possible to create a reliable digital environment, not only the development of e-businesses but the whole economy in general will be hampered.

" While large-scale attacks on the Internet are not many, customers are losing faith in computer networks. This is a real concern ," Thompson warned.

He said that the line between normal business and online business has been removed, because every company needs the digital world to operate at least one part such as delivery or contact with partners.

However, about 41% of customers currently have fewer online transactions than fear of revealing financial information. According to Symantec's statistics, about 150 million fraudulent e-mails are distributed every day. Victims of phishing lost about $ 680 million last year and cost 300 million hours to fix the damage.

Thompson appreciates Microsoft in the process of supporting the Windows operating system and expressed satisfaction when consumers were well aware and started installing security software. "If business executives want the digital economy to prosper, they need to ensure the information created and dare to take responsibility when they are stolen," Thompson said.

He believes that search engines can contribute to increasing customer confidence by equipping a self-rated user rating system beside each search result. He also urged governments to adopt common transaction laws to protect Internet users.

TN