Giving Compass' Take:

• Symantec Corp, a cybersecurity company, launched a social initiative that will help protect foster children from identity theft. 

• Are there other companies focusing money and skills on social impact initiatives like Symantec is doing for the foster children?

• When a corporation launches a social initiative, it can be considered to be a form of corporate giving or corporate social responsibility. 

Symantec Corp., the world’s leading cybersecurity company, today launched Fostering A Secure Tomorrow (FAST), an initiative to help foster youth protect and restore their identities with the support of Norton and LifeLock experts, solutions and services.

Young people in foster care face a range of unique risks when it comes to identity protection and cybersecurity. Before reaching the age of 18, many foster youths have already become targets for identity theft and had their credit destroyed.

Fran Rosch, executive vice president, and general manager, Consumer Business, Symantec. “We are uniquely equipped, with our Norton and LifeLock consumer solutions and services, to help these kids, as we are a world-leading cybersecurity organization that can provide not only the security software but the educational training and restoration services as well, to help these young people learn to better protect their information and restore their identities when necessary.”

In addition to providing resources and services to young victims through the program’s three nonprofit partners, Symantec employees will mentor youth, provide program training and act as advocates on behalf of the program, working with public officials to build stronger policies that protect foster children.

Read the full article about stopping identity theft of foster kids at CSR Wire.