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McAfee Corp. (symbol: MCFE) is a renowned leader in personal security solutions for consumers. The company's mission is to prioritize the protection of individuals and families, rather than just their devices. In a world that is increasingly connected, McAfee provides adaptive, intuitive solutions that ensure security is maintained at every critical moment.
McAfee offers a range of technologies designed to meet the diverse needs of its users. These solutions include antivirus software, identity and privacy protection, and secure browsing tools. These features vary depending on system configurations and may require specific hardware or software activations. It’s important to note that while McAfee strives towards comprehensive security, no system can be guaranteed to be entirely secure.
Recent achievements by McAfee have included significant advancements in cybersecurity technologies and strategic partnerships that enhance their offerings. The company has been actively engaged in projects aimed at integrating cutting-edge security measures into everyday digital experiences, making it easier for users to stay protected online.
Financially, McAfee continues to show resilience and growth, driven by an increasing demand for robust cybersecurity solutions. Their financial health allows them to continually innovate and expand their product lines, meeting the evolving threats in the digital landscape.
McAfee also places a strong emphasis on community and family security, ensuring that their products provide comprehensive protection for all users. The company's logo and trademarks are well-recognized, asserting their position as a trusted name in cybersecurity.
Overall, McAfee Corp. remains a pivotal player in the cybersecurity industry, dedicated to delivering high-quality, reliable security solutions that adapt to the dynamic needs of users worldwide.
McAfee Corp. (Nasdaq: MCFE) has released the 2021 Consumer Security Mindset: Travel Edition, revealing that 68% of Americans plan to travel this summer, but only 50% have increased their online security measures. Notably, 73% of consumers connect to devices outside their homes, increasing vulnerability. Though aware of cyber risks, many do not follow security best practices. Key recommendations include connecting cautiously, using comprehensive security solutions, and keeping devices updated. The survey included over 1,000 U.S. adults, with additional data available from other countries.
McAfee Corp. (Nasdaq: MCFE) has been recognized as a Leader in the 2021 Gartner Magic Quadrant for Endpoint Protection Platforms. This assessment evaluated McAfee alongside 18 competitors based on execution and vision. The company's MVISION XDR enhances endpoint security by enabling proactive threat management and automation. Gartner's report highlights that leaders possess advanced malware protection and comprehensive management capabilities, though McAfee's flexibility compared to niche vendors is noted.
McAfee Corp. (NASDAQ: MCFE) announced participation in three upcoming conferences featuring Venkat Bhamidipati, CFO, and Eduardo Fleites, VP of Investor Relations. The events are: The Scotiabank Technology Leaders Summit on May 13, 2021, Stifel Virtual Cross Sector Insight Conference on June 10, 2021, and the Mizuho Bank Conference on June 15, 2021. Presentations will be accessible via live webcast and archived on McAfee's investor relations website at https://ir.mcafee.com.
About McAfee: The company focuses on device-to-cloud cybersecurity solutions.
McAfee Corp. (Nasdaq: MCFE) has expanded its partnership with Ingram Micro, making the full MVISION portfolio available globally through the Ingram Micro Cloud Marketplace. This move allows channel partners to provide proactive cloud-delivered security across hybrid IT environments, enhancing endpoint security, SASE security, and CNAPP security. The offering features flexible SaaS subscription terms, facilitating easier procurement for organizations adapting to a distributed workforce. This partnership aims to bolster McAfee's channel program and drive cloud adoption for better cybersecurity.
McAfee Corp. (NASDAQ: MCFE) reported strong financial results for Q1 2021, with net revenue reaching $442 million, a 25% increase year-over-year. The company gained 885,000 new direct-to-consumer subscribers, bringing the total to 18.9 million. Net income surged to $83 million, compared to $8 million the previous year, resulting in a net income margin of 19%. McAfee's adjusted EBITDA was $199 million, or a 45% margin. Additionally, net cash from operating activities rose 51% year-over-year, totaling $259 million. The outlook for Q2 expects revenue between $430 million and $434 million.
McAfee Corp. (Nasdaq: MCFE) has achieved a score of 94 out of 100 in the 2021 Gartner Solution Scorecard for Cloud Access Security Brokers (CASB). This evaluation assesses the company’s MVISION Cloud platform, which meets 97% of required criteria across key areas, including data security and threat protection. McAfee is recognized as a Leader in the Gartner Magic Quadrant for CASB for four consecutive years, highlighting its comprehensive security offerings within the SASE framework.
McAfee Corp. (Nasdaq: MCFE) announced an evolution in its partnership with Fujitsu Client Computing Ltd, extending their multi-year agreement to enhance consumer security solutions for FCCL device users. This collaboration allows seamless integration of McAfee's security products, critical as cyber threats surged during the pandemic, with a reported increase of 240% in COVID-19-related cyber-attack detections in Q3 2020. The partnership aims to empower consumers with built-in security through McAfee LiveSafe's features, ensuring protection in an increasingly digital world.
McAfee announces a complimentary 1-year subscription for McAfee Gamer Security to new and existing U.S. multi-device security customers. This decision aligns with the growing popularity of gaming, especially post-pandemic, and aims to enhance online protection for gamers. The software, launched in 2019, provides a minimal resource footprint and features like Game Mode, real-time system monitoring, and a gamer-centric interface. Customers enrolled in McAfee's Automatic Renewal program for certain products qualify for this offer, emphasizing McAfee's commitment to optimizing user experiences in gaming.
McAfee Corp. (NASDAQ: MCFE) announced its first quarter 2021 financial results will be released on May 4, 2021, after U.S. market close. A conference call will follow at 5:00 p.m. ET for management to discuss the results. Investors can participate via dial-in or through a webcast. The replay will be available for 30 days on the company's Investor Relations page. McAfee focuses on device-to-cloud cybersecurity solutions, aiming to enhance safety for consumers and businesses.
McAfee Corp. (Nasdaq: MCFE) presents the McAfee Threats Report: April 2021, highlighting significant cyber threats observed in late 2020. Notably, there was a 10% increase in threats, averaging 648 per minute in Q4. COVID-19-related attacks surged by 240% in Q3 and 114% in Q4. Malware threats, including a 208% increase in Powershell threats, and a 69% rise in ransomware were prominent. Additionally, the technology sector faced a 100% increase in reported cyber incidents in Q4.
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