True Pundit

Security Technology

Nearly half of consumers feel overwhelmed keeping data secure online

The number of cybercrime victims grew 10 percent globally in 2015, according to the Norton Cybersecurity Insights Report released Wednesday by cybersecurity company Symantec.

The growth may come with good reason. Nearly half — 45 percent — of those surveyed feel overwhelmed in the amount of information they need to protect.

“People know it’s an issue, know they need to protect stuff, but are not doing enough,” said Kevin Haley, a director of security for Norton, which makes internet security software.

While the cost per person and time taken to repair is down from 2015 — victims now spend nearly $183 and almost 20 hours fixing the problem — still 689 million people in 21 countries were the victim of cybercrime last year, according to the study. – READ MORE