Feeds

Counterfeiters told to pay Symantec $21m

What chance of collecting?

  • alert
  • submit to reddit

SANS - Survey on application security programs

Symantec today hit pay dirt, winning $21m damages from the US courts against a counterfeit software ring spanning the US and Asia. Which is nice: in December 2006, the last time Symantec spoke on the matter, the security software firm had pressed for damages of $15m-plus.

The judgments were handed down in US District Court in Los Angeles against "ANYI, SILI Inc., Mark Ma, Mike Lee, John Zhang, Yee Sha, and related defendants". But what chance of collecting? Counterfeiters could always print the money, although that may be a little unwise, considering the circumstances. And Symantec knows where at least one of the counterfeiters is - in July this year Mark Ma was arrested in Shenzhen by Chinese authorities.

But even if it doesn't get its damages, Symantec gets to send the message: you will be caught, you will be punished. So says Symantec lawyer Scott Minden: "A judgment like this is a crippling blow against these particular syndicates and will drive them even further underground, making it more difficult for them to sell directly to unsuspecting users. It complicates their ability to operate behind the guise as legitimate businesses."

So there you have it: life gets a little bit more complicated for crooks. But with profit margins for packages software so high, and so many people willing to buy cheap knock-offs, we suspect that Mr. Ma's shoes have already been filled. And then some. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Parent gabfest Mumsnet hit by SSL bug: My heart bleeds, grins hacker
Natter-board tells middle-class Britain to purée its passwords
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Web data BLEEDOUT: Users to feel the pain as Heartbleed bug revealed
Vendors and ISPs have work to do updating firmware - if it's possible to fix this
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Call of Duty 'fragged using OpenSSL's Heartbleed exploit'
So it begins ... or maybe not, says one analyst
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.