Mcafee Corp. Stock Price, News & Analysis

McAfee Corp. (Nasdaq: MCFE) and Ingram Micro Inc. have expanded their global relationship to enhance McAfee's channel program. This partnership aims to facilitate access to McAfee's cybersecurity products through Ingram Micro’s worldwide distribution network, including Cloud Marketplaces and Centers of Excellence. The collaboration will empower channel partners to better meet customer needs and accelerate cloud adoption with McAfee's Device to Cloud Suites. Additionally, Ingram Micro will provide migration services from legacy security technologies to McAfee MVISION products.

McAfee Corp. (Nasdaq: MCFE) announced the launch of MVISION Extended Detection and Response (XDR), integrating cloud and network telemetry to enhance threat detection and response. The solution enables faster investigations and automates security operations, addressing the rising complexity of cyber threats. Research indicates that over 80% of organizations plan to invest in such solutions, with many willing to swap individual controls for integrated options. The MVISION XDR offers AI-guided investigations, cloud threat integration, and SOC infrastructure optimization, enhancing overall security effectiveness.

McAfee Corp. (Nasdaq: MCFE) released its 2021 Consumer Security Mindset Report, highlighting a continued embrace of digital life by U.S. consumers post-pandemic. Key findings reveal that 66% of respondents are concerned about cyber risks, particularly regarding financial data security. Despite 70% purchasing connected devices, only half acquired security software. Notably, 51% never considered the value of their online data. The report emphasizes the necessity for stronger cyber hygiene practices among consumers to combat rising cyber threats.

McAfee Corp. (Nasdaq: MCFE) has partnered with ECS to provide managed threat detection and response (MDR) capabilities via McAfee MVISION EDR. ECS becomes the first North American MDR partner and aims to tackle issues like alert fatigue and false positives, which affect 36% of IT decision-makers. The collaboration is set to enhance cybersecurity for organizations by offering 24/7 monitoring, dedicated analysts, and integration of advanced security tools. This strategic move builds on their history of servicing up to 1.4 million endpoints for the U.S. Army.

McAfee Corp. (Nasdaq: MCFE) has secured a five-year extension with ASUS to provide consumer security solutions on ASUS PCs. Customers purchasing new ASUS PCs will benefit from pre-installed McAfee security services, designed to enhance user experience and provide essential security recommendations. As cyber threats increase—with an alarming 419 threats discovered every minute—this partnership aims to deliver vital protection, allowing users to navigate the digital realm securely. Both companies express optimism about continuing their successful collaboration to enhance customer safety.

McAfee Corp. (NASDAQ: MCFE) announced its participation in the Goldman Sachs Technology and Internet Conference on January 12, 2021, at 12:40 p.m. PT. The presentation will be accessible via live webcast and archived on McAfee's investor relations website. The company specializes in device-to-cloud cybersecurity solutions, aiming to enhance safety for both consumers and businesses. For more information, visit McAfee's investor relations page.

McAfee Corp. (NASDAQ: MCFE) has been awarded the 2020 Stratus Award for its MVISION Unified Cloud Edge (UCE) by The Business Intelligence Group. This recognition highlights McAfee's innovation in cloud security, particularly in simplifying the adoption of Secure Access Service Edge (SASE). MVISION UCE integrates multiple security technologies to enhance business agility while reducing costs. Additionally, McAfee's MVISION Cloud was named a Leader in the 2020 Gartner Magic Quadrant for Cloud Access Security Brokers, showcasing its strong market position and commitment to cybersecurity.

McAfee Corp. (NASDAQ: MCFE) has declared a cash dividend of $0.087 per share for the fourth quarter of 2020. This dividend will be payable on or about January 7, 2021, to shareholders recorded by December 24, 2020, at 5:00 p.m. EST. As a leading cybersecurity company, McAfee focuses on crafting integrated consumer and business solutions to enhance safety in the digital landscape.

McAfee Corp. (NASDAQ: MCFE) is set to engage with investors at the UBS Global TMT Virtual Conference on December 9, 2020, at 8:10 a.m. Pacific Time. This presentation will be accessible through a live webcast, with an archived version available on McAfee's investor relations website.

As a leading device-to-cloud cybersecurity company, McAfee is dedicated to creating solutions that enhance safety in both consumer and business environments.