Avast Commits to Identity Industry Standards to Enable Global-Scale Digital Trust

Rhea-AI Summary

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.

Positive

• Avast's participation in multiple digital trust organizations positions it as a leader in developing decentralized identity solutions.
• Acquisitions of Evernym and SecureKey strengthen Avast's capabilities in digital trust infrastructure.
• The focus on decentralized identity services aligns with growing market demand for enhanced privacy and security.

Negative

• None.

Avast joins prominent digital trust and identity organizations, the Trust Over IP Foundation, Decentralized Identity Foundation, World Wide Web Consortium and FIDO Alliance

LONDON and EMERYVILLE, Calif., Aug. 30, 2022 /PRNewswire/ -- Avast (LSE: AVST), a global leader in digital security and privacy, has joined the Trust Over IP Foundation (ToIP), the Decentralized Identity Foundation (DIF), the World Wide Web Consortium (W3C), and the FIDO Alliance. These community-driven open standards organizations are developing the foundations for decentralized digital trust infrastructure. Avast will be a key contributor to these standards initiatives and also act as a Steering member of ToIP and DIF. Avast representatives currently hold leadership positions in several ToIP, DIF, and W3C working groups developing cryptographic libraries, decentralized identifiers, secure protocols, and governance frameworks for digital trust ecosystems.

Avast's digital trust solutions will provide more convenient, empowered, and private digital interactions for people, and better security and engagement outcomes for businesses. To accelerate this vision, Avast acquired Evernym in late 2021, and more recently acquired SecureKey in early 2022. Both companies were founding members of DIF and member organizations of W3C, with Evernym also a founding member of ToIP.

"The days of walled gardens and platform-centric identity services are over," said Drummond Reed, Director, Digital Trust Services, at Avast. "The future is decentralized: everyone will be able to control their data, and share it where and with whom they choose, privately, securely, and on their terms. This vision forms the basis of our digital trust services at Avast. We are excited about being part of communities of like-minded individuals and businesses that are collectively laying the foundations for a trust-based digital environment that will rebuild faith in the internet."

Avast is committed to being an active participant in shaping the digital trust space, to create a more trusted future with digital solutions that work for everyone. Collaboration is key to a more equitable future, and these four organizations represent hundreds of organizations working together toward a safer, fairer, and more user-centric web. 

"The Trust Over IP Foundation believes everyone deserves access to a safer web, where all of our interactions are rooted in privacy, security, and trust," commented ToIP executive director John Jordan. "We look forward to continuing to work with Avast in pursuit of this vision as we tackle solving the toughest technical and human-centric problems in digital trust."

DIF executive director Rouven Heck added, "Many of Avast's employees have been long-standing contributors at DIF and essential players in the broader self-sovereign identity community for many years. We look forward to welcoming Avast as an important partner and collaborator in our ongoing work toward a secure, scalable, and interoperable identity infrastructure."

"We are pleased to welcome Avast as a Sponsor Member of the FIDO Alliance. We look forward to their contributions to aid in our mission: to change the nature of authentication with open standards for simpler, stronger authentication to reduce reliance on passwords," said Christina Hulka, executive director and COO of the FIDO Alliance.

About Avast:
Avast (LSE:AVST), a FTSE 100 company, is a global leader in digital security and privacy, headquartered in Prague, Czech Republic. With over 435 million users online, Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company's threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Avast is a member of Coalition Against Stalkerware, No More Ransom and Internet Watch Foundation. Visit: www.avast.com.

Keep in touch with Avast:

• For more information on Digital Trust, visit the Avast Digital Trust Services website: https://www.avast.com/en-gb/digital-trust
• For security and privacy insights, visit the Avast blog: https://blog.avast.com/
• For handy guides, advice and tips, visit Avast Academy: https://www.avast.com/c-academy
• For in-depth technical analysis of online threats, visit the Avast Decoded blog: https://decoded.avast.io/
• For more information about Avast visit: https://www.avast.com/en-gb/about and https://www.avast.com/company-faqs
• Follow us on Twitter: @Avast
• Join our LinkedIn community: https://www.linkedin.com/avast
• Visit our Facebook group: www.facebook.com/avast

Media contact: 
pr@avast.com 

 

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SOURCE Avast Software, Inc.

FAQ

What organizations has Avast joined for digital trust standards?

Avast has joined the Trust Over IP Foundation, Decentralized Identity Foundation, World Wide Web Consortium, and FIDO Alliance.

How will Avast contribute to the digital trust space?

Avast will contribute by participating in key initiatives and holding leadership roles within digital trust organizations.

What acquisitions did Avast make to enhance its digital trust services?

Avast acquired Evernym in late 2021 and SecureKey in early 2022 to bolster its digital trust capabilities.

What is the significance of decentralized identity services for Avast?

Decentralized identity services represent a shift towards user-controlled data privacy, fitting Avast's mission to enhance digital security.

When was the press release announcing Avast's new partnerships published?

The press release was published on August 30, 2022.