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Avast (LSE: AVST) has partnered with intimacy expert Shan Boodram to promote digital safety in sharing intimate content. Amid rising concerns, a survey revealed that 80% of those sharing intimate photos worry about privacy, with a third of Americans admitting to sharing nude photos. Avast offers tools like Photo Vault and Secure Browser to help users protect their digital identities. The campaign aims to educate users on privacy practices, particularly as 52% of respondents send intimate photos weekly. The need for secure online sharing is emphasized as essential for maintaining personal privacy.
Avast has joined key organizations focused on decentralized digital trust standards, including the Trust Over IP Foundation and the Decentralized Identity Foundation. The company aims to enhance digital interactions through its digital trust solutions, following its acquisitions of Evernym and SecureKey. Avast's involvement positions it as a significant contributor to developing secure protocols and governance frameworks for digital ecosystems. The initiative reflects a shift towards decentralized identity services, promising improved privacy and security for users and businesses.
Avast has reported a 24% increase in ransomware attacks globally in Q2 2022 compared to Q1 2022, highlighting a rising threat to small businesses. In response, Avast launched a new Ransomware Shield, enhancing protection for its business security packages. This feature safeguards critical files from unauthorized access and is automatically enabled for users of the Avast Essential, Premium, and Ultimate Business Security packages. The introduction aims to bolster security amidst increasing ransomware threats, ensuring uninterrupted access to vital data.
Avast's Q2/2022 Threat Report highlights a 24% increase in global ransomware attacks compared to Q1/2022. Regions with the highest risk ratios include Argentina (+56%) and the UK (+55%). Researchers also identified new zero-day exploits affecting Chrome and Windows, with malicious actors shifting from VBA macros to other methods like LNK files and ISO images. The report underscores the need for vigilance, as cybercriminals adapt quickly to changes in defense measures, such as Microsoft's default blocking of macros.
Avast plc reported its half-year results for 2022, achieving mid-single digit organic billings growth and profitability in line with the board's expectations. Total billings were $483.7m, up 0.2% year-over-year, with adjusted revenue of $472.0m. However, adjusted EBITDA decreased 7.6% to $249.7m, driven by investments in Digital Trust Services. The competitive landscape affected customer metrics, with a 4.4% decline in customer numbers to 15.64m. The company continues to progress on its merger with NortonLifeLock, facing positive provisional findings from UK regulators.
Avast One has been awarded 'Top Product' by AV-Test for its outstanding malware protection, performance, and usability. The digital protection service has expanded its offerings with the addition of the Online Safety Score and Network Inspector features for Mac and iOS platforms. These enhancements aim to improve user safety and control online, countering rising security concerns. Avast's Digital Citizenship study indicates 66% of individuals avoid online activities due to safety worries, prompting the need for comprehensive protection solutions across devices, available now in multiple countries.
Avast has uncovered an online community of minors aged 11-18 involved in creating and distributing malware, including ransomware and information stealers. These minors use Discord to share and sell malware-building tools, with prices ranging from 5 to 25 Euros. The community boasts nearly 1.5k members, with 60-100 individuals paying for access. Researchers emphasize the risks associated with these activities, including legal repercussions and cyber vulnerabilities. Avast has reached out to Discord, which has taken action against the affiliated servers.
Avast (LSE:AVST) has joined MyData Global, a nonprofit aiming to empower individuals regarding their personal data. As a gold sponsor at the MyData 2022 conference in Helsinki on June 21-22, Charles Walton, Senior VP at Avast, will deliver a keynote on ethical data management and its business benefits. This membership aligns with Avast's vision of enhancing digital trust through collaboration and user control. The partnership will engage Avast in a community focused on privacy and decentralized data solutions.
Avast's Digital Wellbeing Report highlights the correlation between digital freedom and cybersecurity risks. It reveals that individuals in Free countries face a 30% risk of cyberattacks, compared to 36% in Partly Free and Not Free nations. The report emphasizes the need for improved cybersecurity solutions and transparency in privacy policies, as many users remain vulnerable despite the existence of regulations like GDPR. This study combines Avast's data with the Freedom on the Net report to assess how freedom impacts users' online safety globally.
Avast CEO Ondrej Vlcek and Garry Kasparov, Avast Security Ambassador, will discuss misinformation and cyber warfare related to the Ukraine war on June 22, 2022. The event, titled Fight for digital freedom in times of cyberwar, will occur at 10:15 am EDT during the Collision 2022 conference in Toronto. They aim to address how internet censorship and misinformation threaten digital freedom. Additionally, Kasparov will host a chess exhibition on the same day, and Greg Wolfond will lead a Master Class on digital identity on June 23.
