GEN DIGITAL (GEN) Stock News

Avast (NASDAQ:GEN) has been recognized as the top malware protection solution for Mac users by Software Experts in 2025. The company's Premium Security and Ultimate products received high marks across malware protection, usability, real-world effectiveness, and feature sets.

The company's solutions include advanced features such as Scam Guardian Pro with AI-powered protection, real-time malware detection, ransomware protection, and email scam filtering. Avast Ultimate offers additional features including VPN, performance optimization, and anti-tracking tools across multiple platforms.

The recognition follows notable achievements including AV-Test's Best macOS Security Award for Consumer Users in 2024 and AV-Comparatives' Top-Rated Product Award in 2023, earning Advanced+ in six out of seven categories.

Gen (NASDAQ: GEN) has released its Q2/2025 Threat Report, revealing significant cybersecurity challenges in an AI-powered threat landscape. The company identified and blocked 1 million attacks from over 5,000 fake pharmacy websites in a scheme dubbed "PharmaFraud." The report highlights several concerning trends, including a 21% increase in data breaches, a 340% surge in financial scams, and a 100% rise in sextortion scams.

In a significant breakthrough, Gen successfully cracked the first known AI-powered ransomware, FunkSec, releasing a free decryptor for victims. The report also details a dramatic increase in Facebook-based threats, with 14% of blocked threats linked to Technical Support Scams. Additional findings include a 317% increase in malicious push notifications and a 62% rise in remote access attacks.

Gen Digital (NASDAQ: GEN) announced significant leadership changes in its Board of Directors. Frank Dangeard is stepping down as Chairman due to personal health reasons, while CEO Vincent Pilette will assume the additional role of Board Chair. Current board member Sue Barsamian has been appointed as Lead Independent Director, with both changes effective immediately.

Under Dangeard's leadership, Gen transformed from a Cyber Safety company to expanding into Trust Based Solutions including Financial Wellness. The Board unanimously elected Pilette, who has served as CEO since 2019, to take on the expanded role as the company enters its next phase of growth and value creation.

Norton, a part of Gen (NASDAQ: GEN), has released its 2025 Norton Cyber Safety Insights Report: Connected Kids, revealing concerning trends in children's digital safety. The study shows that 24% of parents report their children experiencing cyberbullying, with 54% of cases involving classmates or peers. Additionally, 41% of children are turning to AI for emotional support.

The report highlights that while 86% of parents attempt to manage screen time, 56% of children find ways to circumvent these controls. Social media platforms are primary venues for cyberbullying, with Facebook (52%), YouTube (46%), and other platforms being major channels. The study also reveals that 46% of parents report their children using ChatGPT, with fathers being 19% more likely than mothers to see AI's benefits for their children.

[ "High parental awareness with 48% of children seeking help for online interactions", "40% of parents recognize AI's benefits for learning and creativity", "Company provides comprehensive tools like Norton Family and The Smart Talk for digital safety" ]

Gen Digital (NASDAQ: GEN) has announced an upcoming investor event focused on its strategic expansion into Financial Wellness following the MoneyLion acquisition. The event, scheduled for September 8, 2025, will feature company executives presenting Gen's vision for integrating cyber safety and financial wellness solutions.

The briefing will cover the company's financial wellness strategy, platform integration plans, product capabilities, and potential market synergies. The event will take place in New York City from 10:30 AM to 12:30 PM EST, with a live webcast available on Gen's investor relations website.

Gen Digital (NASDAQ: GEN) has scheduled its fiscal 2026 first quarter earnings release for August 7, 2025, after market close. The company will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET following the release of results.

Investors and analysts can access the conference call details and live webcast through the company's investor relations website at Investor.GenDigital.com.

Avast, a consumer Cyber Safety brand of Gen (NASDAQ: GEN), has revealed concerning statistics about cybercrime affecting older adults. According to their Safe Tech Report, 59% of older loved ones have fallen victim to cybercrime, with over 80% of cybercrime originating from scams and social engineering.

The report highlights that while 84% of adults have warned their older relatives about risky online behavior, only 53% heeded the advice. Notably, 47% of older adults still write passwords on paper. To address these challenges, Avast has introduced new resources and tools, promoting the "Safe Tech Talk" initiative with five best practices focusing on password security, scam awareness, and protective measures.

[ "Launch of new cybersecurity resources and tools to protect older adults", "Comprehensive educational initiative with practical safety guidelines", "Integration of Avast Scam Guardian and Secure Browser solutions for enhanced protection" ]

Avast, part of Gen (NASDAQ: GEN), has launched Scam Guardian, a free AI-powered scam protection service integrated into Avast Free Antivirus, alongside a premium version called Scam Guardian Pro. The launch comes as cybercrime statistics show alarming trends, with breached records increasing by 186% and phishing scams surging by 466% in Q1 2025.

The AI-powered solution includes features like Avast Assistant, providing 24/7 protection guidance, and Web Guard for detecting hidden scams. The Pro version adds Email Guard for advanced email protection. The company plans to expand Pro features later this year to include protection against SMS and phone call scams.

Gen's Q1/2025 Threat Report reveals alarming cybersecurity trends. Data breaches surged 186% in breached records and 36% in company breaches. Phishing scams skyrocketed 466%, comprising 32% of all scam reports. The company protected over 4 million users from Scam-Yourself Attacks, while fake browser update scams grew 17x compared to last quarter. Notably, cybercriminals are increasingly using AI-enhanced techniques, including deepfake influencers and AI-generated personas. Financial threats targeted mobile users through sophisticated banking trojans, while crypto scams linked to the US presidential inauguration resulted in $4 million stolen across 2,000 transactions. Gen continues to combat these evolving threats through its brands including Norton, Avast, and LifeLock.