According to government and cyber-industry experts testifying at a hearing on Capitol Hill on Wednesday, the Windows OS worm Stuxnet - which was discovered this past July - is an incredibly large, complex threat with capabilities that have never been seen before.

Symantec and Trend Micro have pronounced the latest versions for their security software offerings.

PC World states that Symantec has released Norton AntiVirus 2011 and Norton Internet Security 2011, on the other hand Trend Micro released its new product offerings under the brand name of Titanium AntiVirus and Titanium Internet Security.

According to a new study released by Symantec consumer division Norton, as many as 70 percent Internet users in Singapore have, at some time or the other, fallen victim to cyber-crime – in the form of computer malwares, online credit card scam, or identity thefts.

According to Symantec’s “The Norton Cybercrime Report: The Human Impact”, cyber-crime is apparently much more prevalent worldwide than what it is perceived to be – a fact that actually perturbs the Internet users to a great extent.

Symantec made an announcement regarding Norton Everywhere today, which is a new approach to security that dumps the customary PC-centric model and takes a more holistic move towards delivering security all over Internet-enabled equipments.

To get hold of VeriSign's authentication business, Symantec will be paying US$1.28 billion. The rumored acquisitions have today been confirmed by both the Companies. Naming Symantec as the consumer, there had been a hearsay that VeriSign had been shopping its encryption technology and service business lately.

According to a Thursday statement, security software biggie, the Mountain View-based Symantec, said that its $370-million acquisition of two-privately-held companies – the $300 million for Menlo Park-based PGP; and the $70 million for San Francisco-based GuardianEdge Technologies – will help the company gain technology for protecting e-mails and data.

Symantec made an announcement on a succession of awaiting channel improvements, which among other things, consisted of a wave of new specializations on the storage surface.

Representatives stated that the firm is very much focused and will direct its associates to become specialized, so that they can be distinguished in the market and raise their competitive proceeds.

NHS has been alarmed by security firm Symantec that the Qakbot botnet is affecting about 2GB of confidential data every week, including the online banking details, site passwords, credit card info, plus everything that is typed into the browser of affected user. It has also been revealed in the blog that this also robs the details of the infected machines.

On Tuesday, Symantec released a report which revealed that Brazil had managed to rise to third place in the list of nations marred with "malicious activity" or spam, online scam attempts and all other types of cybercrime.