Inactive Instrument

Avast plc

Equities

AVST

GB00BDD85M81

Avast : reviews options for Jumpshot on data privacy concerns (Jan. 29)

January 30, 2020 at 02:29 pm EST

(This 29 January story corrects paragraph 3 to remove reference to Avast's denial of allegations)

(Reuters) - Cybersecurity firm Avast said on Wednesday it was reviewing all options related to its trend analytics service, Jumpshot, after media reports raised concerns over data privacy that sent its shares tumbling.

Avast allegedly collected data on what many of its users did online and sent it to its unit, Jumpshot, which then offered to sell the information to clients, according to the media reports on Monday.

Shares of Avast were down 4.6% as of 1332 GMT.

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Anil D'Silva)

Latest news about Avast plc

ZNet Technologies Partners with Avast for the Cyber Safety of Small Businesses in India	Dec. 19	CI
Avast Introduces Avast One Platinum	23-03-09	CI
Avast Listing Canceled After NortonLifeLock Merger Becomes Effective	22-09-13	MT
NortonLifeLock Expands Board, Adds President Following Close of Avast Merger	22-09-12	MT
NortonLifeLock Completes Avast Acquisition	22-09-12	MT
British Software Group Avast Closes Sale to NortonLifeLock	22-09-12	MT
Avast plc(LSE:AVST) dropped from FTSE All-Share Index	22-09-12	CI
Avast plc(LSE:AVST) dropped from FTSE 100 Index	22-09-12	CI
Avast plc(LSE:AVST) dropped from FTSE 350 (Ex Investment Companies) Index	22-09-12	CI
Avast plc(LSE:AVST) dropped from FTSE All-World Index	22-09-12	CI
Avast plc(LSE:AVST) dropped from FTSE 350 Index	22-09-12	CI
Avast plc(LSE:AVST) dropped from S&P Global BMI Index	22-09-12	CI
NortonLifeLock Inc. completed the acquisition of Avast Plc.	22-09-11	CI
NortonLifeLock's $8 Billion Takeover of Avast Gets Court Approval	22-09-09	MT
FTSE 100 Rises 1.9% as Stocks Recover From Sell-Off	22-09-02	DJ
Pound May Get Limited Support From Any Hints of Larger Rate Hike	22-09-02	DJ
NortonLifeLock Says UK Competition Regulator Approves Pending Avast Merger	22-09-02	MT
FTSE 100 Rebounds From Opening Losses as Energy Stocks Rally	22-09-02	DJ
FTSE 100 Poised for Cautious Gains Ahead of U.S. Jobs Report	22-09-02	DJ
UK clears NortonLifeLock's acquisition of rival Avast	22-09-02	RE
FTSE 100 Edged Higher as Energy Stocks Rally	22-09-02	DJ
British Competition Watchdog OKs Avast's $7 Billion Takeover by NortonLifeLock	22-09-02	MT
UK clears NortonLifeLock's acquisition of rival Avast	22-09-02	RE
Avast Ransomware Shield Offers New Layer of Protection For Businesses In Light of Evolving Threats	22-08-24	CI
UK Software Developer Avast's Interim Earnings Shrink Ahead of Merger with NortonLifeLock	22-08-09	MT

Chart Avast plc

Duration

Period

More charts

Company Profile

Avast plc is the world leader in cyber security software. Net sales break down by client type as follows: - individuals (94.6%): development of desktop, server and mobile device security software (Avast and AVG brands), and solutions for privacy control, password management, PC optimization and cleaning, mobile devices and connected devices (including CCleaner, Avast Cleanup, AVG Tune Up, HideMyAss and Avast Passwords). At the end of 2020, Avast plc had more than 435 million active users; - small and medium-sized enterprises (5.4%): development of antivirus and computing protection solutions on the cloud and on site under the Avast and AVG brands. Net sales are distributed geographically as follows: the United Kingdom (9.1%), the United States (39.1%), France (7.8%), Germany (6.7%) and other (37.3%).

Sector

More about the company