Welcome to our dedicated page for Mcafee news (Ticker: MCFE), a resource for investors and traders seeking the latest updates and insights on Mcafee stock.
McAfee Corp. (formerly Nasdaq: MCFE) is described in company materials as a global leader in online protection for consumers, and its news flow reflects that focus. Press releases and research updates highlight how the company analyzes real-world threats, from holiday shopping scams and brand impersonation to travel-related fraud and mobile device risks. These stories show how McAfee uses threat intelligence and consumer surveys to understand how people are targeted online and how their behavior is changing.
News items from McAfee Labs describe how cybercriminals impersonate major technology and luxury brands with lookalike websites, fake email alerts, and misleading social ads, particularly during peak shopping seasons. Other releases detail the “Safer Summer Travel Report,” where McAfee examines destinations that are frequently associated with risky search results and outlines common scams that affect travelers when booking or taking vacations.
McAfee also publishes findings on mobile threats, including smishing campaigns, malicious apps disguised as games or tools, and schemes that misuse cryptocurrency themes or premium text services. These reports are paired with practical guidance, such as watching for red flags in messages, using AI-powered scam protection tools, and treating mobile devices as connected devices that require protection similar to computers.
For users and investors reviewing MCFE-related news, this page serves as an archive of McAfee’s publicly released research, product recognition, and corporate milestones from the period when the company was listed, as well as subsequent communications that continue to describe its consumer-focused online protection mission.
McAfee Corp. (NASDAQ: MCFE) will release its third quarter financial results for FY 2020 on November 19, 2020, after U.S. market close. A conference call is scheduled for 5:00 PM ET on the same day to discuss these results. Interested parties can join the call at (833) 301-1122 for U.S. and Canadian callers or (631) 658-1012 for international attendees. The conference ID is 8669006, and a webcast will be available for replay on the company's Investor Relations page for 30 days post-call.
McAfee Corp. (Nasdaq: MCFE) has released the McAfee Labs Threats Report: November 2020, detailing cyber threat activities for Q2 2020. Key findings include an alarming average of 419 new threats per minute, a 605% rise in COVID-19-related attacks, and a 117% increase in PowerShell malware. The report highlights the adaptability of cybercriminals targeting remote workers due to the pandemic. Notably, 7.5 million external attacks were noted on cloud users. The cybersecurity landscape continues to evolve rapidly amid ongoing challenges.
McAfee Corp. (Nasdaq: MCFE) has been recognized as a Leader in the 2020 Gartner Magic Quadrant for Cloud Access Security Brokers (CASB) for the fourth consecutive year. This report highlights McAfee's MVISION Cloud, which was positioned highest for execution and furthest for vision. The company continues to innovate, offering solutions like Unified Cloud Edge and MVISION Cloud Native Application Protection Platform. In 2020, McAfee also received significant recognitions, including FedRAMP High Impact Provisional Authority to Operate, reinforcing its trusted cybersecurity offerings.
McAfee Corp. (Nasdaq: MCFE) launched its MVISION Cloud Native Application Protection Platform (CNAPP) during MPOWER Digital 2020. This integrated architecture enhances security for cloud-native applications, addressing data protection, threat prevention, and compliance needs. As enterprises undergo digital transformation, CNAPP simplifies security across public and private clouds and empowers developers. Key features include Deep Discovery, Shift Left, Zero Trust, MITRE ATT&CK Framework integration, and Governance. General availability is expected in March 2021.
McAfee Corp. (Nasdaq: MCFE) has launched its industry-first extended detection and response (XDR) platform, MVISION XDR, aimed at enhancing threat management. This cloud-based solution addresses significant challenges faced by security operations centers (SOCs), like alert fatigue and limited expertise, which hinder effective threat resolution. MVISION XDR provides a unified view of threats across networks, endpoints, and clouds, allowing proactive threat engagement and improved response times. Initial experiences with MVISION XDR are available now, with broader access coming in Q1 2021.
McAfee Corp. (Nasdaq: MCFE) unveiled enhancements to its MVISION Unified Cloud Edge (UCE) at MPOWER Digital 2020, aimed at bolstering protection against ransomware and phishing threats. Key features include the industry's first integration of remote browser isolation technology with real-time protection, alongside unified data loss prevention and incident management across multiple platforms. This upgrade addresses a 630% surge in threats targeting cloud services and aims to simplify enterprise security while enhancing agility and reducing costs.
McAfee Corp. has priced its initial public offering (IPO) of 37 million Class A common stock shares at $20.00 each. Of this, over 30 million shares are from McAfee, while about 6 million are from existing stockholders. An additional 5.55 million shares may be purchased by underwriters within 30 days. Proceeds from the sale will primarily repay McAfee's Second Lien Term Loan and acquire equity interests from existing stockholders. Trading on Nasdaq under the symbol MCFE starts on October 22, 2020, with the offering closing on October 26, 2020.