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Norton Cybercrime Report 2012: Where Does Canada Fit In?

September 13, 2012 | John P. | Comments (0) Facebook Twitter More...

8.3 Million Victims Per Year

Symantec, the makers of Norton security products, released its third annual 2012 Norton Cybercrime Report that showed that cybercrime is increasing in Canada to a cost of $1.4 billion with more than 46% of Canadians having fallen victim to cybercrime in the past year at a per capita cost of $169. The report was based on interviews with 13,018 online adults aged 18-64 based in 24 countries, including Canada.

Globally, the scale of consumer cybercrime is large at the rate of 556 million victims annually with a cost of US$110 billion, over 1.5 million victims daily, or 18 victims per second. Here is a fact sheet that summarizes the situation both in Canada and on a worldwide basis:

Cybercrime Report 2012 Canada and Globally

Canadians fared better on cybersecurity knowledge than the worldwide average on the following factors: understanding cybercrime’s risk and the need to protect oneself (21% to 28%), on not knowing that malware can operate behind the scenes on one’s computer (34% to 40%), and on the difficulty of knowing that a computer has been affected by malware unless it crashes or operates slowly (42% to 49%). Canadians were only marginally better than the worldwide average (38% to 40%) on not using complex passwords and changing their passwords on a regular basis. 15% of Canadian social network users admitted to not checking links before sharing them with others, compared to 20% on a worldwide basis.

Norton’s report also showed a pattern shift in cybercrime targeted towards mobile devices and use of social media. The report noted that 2 in 3 adults used mobile devices to access the internet and that mobile vulnerabilities doubled in 2011 from 2010. 31% of mobile users surveyed admitted that they received a text message from someone not known to them requesting them to click on an embedded link or dial an unknown number to obtain a voicemail. Additionally, 35% of adults surveyed said that they had lost their mobile device or had it stolen. In a further telling blow, two-thirds of mobile device users do not avail themselves of security options for their mobile device, while 44% were not even aware that security options for mobile devices existed.

The report also expressed concern over “risky behavior on potentially unsecure wi-fi” networks. On a worldwide basis, two-thirds of adults online used free public or unsecured wi-fi networks for internet access. 44% of online adults accessed personal email accounts through free or unsecured wi-fi connections. The report included other indicators of risky behavior, including the following:

Risky Behavior on Potentially Unsecure WiFi

The upside of this situation was that more than half (53%) of online adults expressed concern over the security of their internet connection.

Next time, we will take a look at what Symantec’s rival McAfee had to say in its “Threats Report” for the second quarter of 2012…

(See also: McAfee Threats Report for Second Quarter 2012)

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