Avast supports The Shadowserver Foundation's mission to make the internet more secure

Rhea-AI Summary

Avast has announced a donation of $500,000 to The Shadowserver Foundation, enhancing their ongoing partnership aimed at improving global cybersecurity. For over a decade, Avast has shared threat intelligence with Shadowserver, which plays a vital role in combatting cyber threats by collaborating with law enforcement and industry sectors. This funding will help Shadowserver continue its critical work in addressing cybersecurity vulnerabilities, especially during the COVID-19 pandemic, highlighting the need for a secure Internet.

Positive

• Avast's donation of $500,000 supports Shadowserver's mission to improve cybersecurity.
• The partnership emphasizes Avast's commitment to collaborative efforts in tackling cyber threats.

Negative

• None.

PRAGUE, Sept. 8, 2020 /PRNewswire/ -- Avast (LSE:AVST), a global leader in digital security and privacy products, has donated $500,000 to The Shadowserver Foundation, a nonprofit security organization working behind the scenes to make the internet more secure for everyone.

For more than a decade, Avast has partnered with Shadowserver by sharing threat intelligence with the foundation. The partnership is based on the belief that combining forces is paramount in fighting against bad actors, cybergangs, and nation-states from spreading their malware.

Shadowserver collects intelligence from various players in the cybersecurity industry, and runs their own scans and honeypots to reveal security vulnerabilities, combat malicious activities, and help victims.

Shadowserver works together with industry sectors, national CSIRTS, and law enforcement agencies, such as the FBI, Interpol and Europol, providing access to invaluable critical data and helping to take down and remediate cyber security threats globally. The Foundation scans the entire IPv4 internet on a daily basis, operates a sinkhole infrastructure, and runs large-scale networks of honeypots and honey clients to collect threat intel. Additionally, they store collected raw data, analyze malware, and keep over 1.3 billion samples up-to-date by reprocessing malicious samples every 90 days.

Jaya Baloo, Chief Information Security Officer at Avast said: "I am very proud that Avast is funding the Shadowserver Foundation with $500,000. Cybersecurity is essential in today's tech-first world, and we are committed to contributing to all causes that support the improvement of security measures. While sharing data and insights is important and fundamental to Shadowserver's efforts, we are also fully aware that non-profits depend on financial donations to operate.

We feel it is our obligation to help maintain organizations that share our mission, to keep the online world safe and secure, a goal we can only achieve if we work together."

Richard Perlotto, Director and Founder at Shadowserver said: "Our mission is to make the Internet more secure by bringing to light vulnerabilities, malicious activity and emerging threats. It's vital we collaborate with industry leading organizations, like Avast, who share our vision and values. Their threat insights contribute to the intelligence we can share with our members, CERTS and law enforcement agencies.

At this time of global uncertainty, the COVID-19 pandemic and the increased potential attack opportunities for cyber criminals to exploit, we are all now more than ever, dependent on a secure, reliable Internet. The Avast donation will enable us to continue this important fight and ensure that victims of cybercrime continue to be protected, and the cybercriminals do not win."

For more information, contact us:

E-mail: pr@avast.com

About Avast:
Avast (LSE:AVST) is a global leader in digital security products. With over 400 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. Visit: www.avast.com.

About Shadowserver: The Shadowserver Foundation (shadowserver.org) is a nonprofit security organization of some of the world's most seasoned data experts, researchers, and engineers, working altruistically behind the scenes to make the Internet more secure for everyone.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/avast-supports-the-shadowserver-foundations-mission-to-make-the-internet-more-secure-301125292.html

SOURCE Avast

FAQ

What is the purpose of Avast's $500,000 donation to Shadowserver?

The donation aims to support Shadowserver's mission of making the Internet more secure by combating cyber threats and vulnerabilities.

How long has Avast partnered with Shadowserver?

Avast has partnered with Shadowserver for over a decade, sharing threat intelligence to combat cybercrime.

What role does Shadowserver play in cybersecurity?

Shadowserver collects intelligence on cybersecurity threats and collaborates with law enforcement to enhance Internet security.

How does Avast contribute to cybersecurity beyond financial donations?

Avast shares threat intelligence and collaborates with Shadowserver to address cyber threats effectively.

What are the implications of increased cyber threats during the COVID-19 pandemic?

The pandemic has heightened vulnerabilities, making Avast's support for Shadowserver's work more crucial in securing the Internet.