Symantec said that a piracy ring is costing it tens of millions of dollars in revenue and is partially behind a slowdown in the release of new software licenses for some Veritas backup products.

Symantec's CIO David Thompson told Computerworld that his company has been investigating large North American and Canadian piracy rings for more than two years and that with the acquisition of Veritas, additional piracy of Backup Exec software by the same groups" was discovered.

At Computerworld.

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