The summit will be held by the International Multilateral Partnership Against Cyber-Terrorism (IMPACT) in Kuala Lumpur at the end of May.

It will be the largest ever conference on cyber terrorism and security and will be a forum for ministers, industry leaders and cyber security experts from more than 40 countries.

The company claims its founder Eugene Kaspersky has been calling for a global initiative on cyber crime for years.

He said that IMPACT was a unique initiative aimed at consolidating the efforts of government and the IT community in combating cyber terrorism.

"Like all forms of terrorism, cyber terrorism does not recognize borders or laws, even though the global economy's dependence on electronic communication means that the threat of cyber-terrorism is real," explained Mr Kaspersky.

He added that his company will use its 19 years of experience in combating malicious programs to make a meaningful contribution to protecting the world community against this new global threat.