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Gen Q4 Threat Report: 321 Threats Blocked Per Second as Social Media Becomes a Playground for Scammers
Prnewswire· 2025-02-13 14:00
Core Insights - The Q4/2024 Gen Threat Report indicates a record-breaking year for cyber threats, with 2.55 billion threats blocked in the last quarter alone, averaging 321 threats every second [1][2] - Social engineering attacks accounted for 86% of all blocked threats, highlighting the advanced psychological tactics employed by cybercriminals [1][2] - The report anticipates an increase in risks in 2025 due to the rise of AI-powered systems and devices, which are expected to be the next frontier for cybercrime [2] Cyber Threat Landscape - Phishing attacks rose by 14% in Q4/2024, with scammers exploiting platforms like Wix and spoofing brands such as Apple iCloud [3] - Malvertising was responsible for 41% of all blocked attacks in the quarter, indicating its prevalence as a method for delivering scams and malware [3] - Social media platforms, particularly Facebook, were identified as prime grounds for scams, with Facebook accounting for 56% of total identified threats [4] Financial Scams - The last quarter of 2024 marked the most active period for financial scams, with mobile phones being a primary attack vector [6] - Deceptive online ads (malvertising) accounted for 27% of scams, followed by fake e-shops at 23% and phishing at 18% [6] Notable Scams - The CryptoCore group executed the largest deepfake crypto scam, stealing over $7 million by hijacking YouTube accounts and using deepfake videos [7] - New mobile banking trojans emerged, with infections of the BankBot banker rising by 236% compared to Q3/2024 [7] Personal Data Risks - Personal data loss remains a significant risk, with a 130% increase in attacks targeting individuals, totaling 4.2 million blocked attacks in Q4 [9] - Ransomware incidents saw a 50% increase in Q4, indicating a growing threat to both organizations and individuals [10] Company Initiatives - To combat these threats, Gen introduced a Clipboard Protection feature across its brands, aimed at blocking clipboard-based threats [10] - Gen operates a family of trusted Cyber Safety brands, providing cybersecurity, online privacy, and identity protection to nearly 500 million users globally [11]
Notice to Convene the Annual General Meeting of Genmab A/S
GlobeNewswire· 2025-02-13 11:00
Company Announcement - Genmab A/S will hold its Annual General Meeting on March 12, 2025, at 2:00 PM CET at the Copenhagen Marriott Hotel [2] Company Overview - Genmab is an international biotechnology company focused on improving patient lives through innovative antibody therapeutics, with a vision to transform cancer treatment by 2030 [3][4] - Established in 1999, Genmab is headquartered in Copenhagen, Denmark, and has a presence in North America, Europe, and Asia Pacific [4]
Genmab Files Annual Report with the U.S. Securities and Exchange Commission
GlobeNewswire· 2025-02-12 18:14
Company Overview - Genmab A/S is an international biotechnology company focused on improving patient lives through innovative antibody therapeutics [2][3] - Established in 1999 and headquartered in Copenhagen, Denmark, Genmab has a global presence across North America, Europe, and Asia Pacific [3] Financial Reporting - Genmab filed its Annual Report for the financial year 2024 on Form 20-F with the U.S. SEC, which includes parts of the Genmab A/S Annual Report 2024 [1] Strategic Vision - By 2030, Genmab aims to transform the lives of individuals with cancer and other serious diseases through its advanced antibody medicines, referred to as "knock-your-socks-off" (KYSO) therapies [2]
Romance Reimagined: How AI is Playing Cupid (and Catfish)
Prnewswire· 2025-02-04 08:00
Norton uncovers AI's role in modern romance, with 60% of online daters believing their matches used AI to chat them up TEMPE, Ariz. and PRAGUE, Feb. 4, 2025 /PRNewswire/ -- As dating platforms evolve and artificial intelligence becomes more integrated into our daily lives, people are finding both new opportunities and new threats in their pursuit of meaningful connections. A new study from Norton, a consumer Cyber Safety brand of Gen™ (NASDAQ: GEN), uncovers how AI is reshaping online dating– helping people ...
Unlocking Gen Digital (GEN) International Revenues: Trends, Surprises, and Prospects
ZACKS· 2025-02-03 15:15
Have you evaluated the performance of Gen Digital's (GEN) international operations during the quarter that concluded in December 2024? Considering the extensive worldwide presence of this security software maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth ...
Gen Digital (GEN) - 2025 Q3 - Quarterly Report
2025-01-31 21:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 27, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number 000-17781 Gen Digital Inc. (Exact name of the registrant as specified in its charter) | Delaware | | | | 77-0181864 | | --- | --- ...
GEN's Q3 Earnings Beat, Revenues Match: Will the Stock Move Upward?
ZACKS· 2025-01-31 15:55
Gen Digital Inc. (GEN) reported third-quarter fiscal 2025 results, wherein revenues matched the Zacks Consensus Estimate and earnings beat the same.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Gen Digital reported non-GAAP earnings of 56 cents per share, which improved 15% year over year and on a constant currency basis. In the third quarter, the bottom line came at the high end of management's guidance of 54-56 cents, exceeding the Zacks Consensus Estimate by 1.8%. This resulted f ...
Compared to Estimates, Gen Digital (GEN) Q3 Earnings: A Look at Key Metrics
ZACKS· 2025-01-31 00:30
Core Insights - Gen Digital reported revenue of $986 million for the quarter ended December 2024, reflecting a year-over-year increase of 3.5% [1] - The company's EPS was $0.56, up from $0.49 in the same quarter last year, exceeding the consensus estimate of $0.55 [1] - The revenue surpassed the Zacks Consensus Estimate of $985.73 million by 0.03% [1] Financial Performance Metrics - Direct average revenue per user (ARPU) was $7.27, slightly above the average estimate of $7.26 [4] - The direct customer count reached 40.1 million, exceeding the average estimate of 39.85 million [4] - Cyber Safety Revenue from partner revenues was reported at $105 million, close to the average estimate of $105.14 million, marking a year-over-year increase of 6.1% [4] - Cyber Safety Revenue from direct customer revenues was $869 million, slightly above the average estimate of $868.47 million, with a year-over-year growth of 3.8% [4] Stock Performance - Gen Digital's shares returned +0.9% over the past month, compared to a +1.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]
Gen Digital (GEN) Q3 Earnings and Revenues Top Estimates
ZACKS· 2025-01-30 23:25
Core Viewpoint - Gen Digital (GEN) reported quarterly earnings of $0.56 per share, exceeding the Zacks Consensus Estimate of $0.55 per share, and showing an increase from $0.49 per share a year ago, indicating a positive earnings surprise of 1.82% [1] Financial Performance - The company achieved revenues of $986 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.03%, and up from $953 million in the same quarter last year [2] - Over the last four quarters, Gen Digital has exceeded consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - Gen Digital shares have increased by approximately 0.9% since the beginning of the year, while the S&P 500 has gained 2.7% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $0.57 on revenues of $1 billion, and for the current fiscal year, it is $2.19 on revenues of $3.93 billion [7] - The estimate revisions trend for Gen Digital is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Technology Services industry, to which Gen Digital belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]
Gen Digital (GEN) - 2025 Q3 - Earnings Call Presentation
2025-01-30 21:51
Q3 FY25 Earnings January 30, 2025 Copyright © 2025 Gen Digital Inc. All rights reserved. Forward-Looking Statements This presentation contains statements which may be considered forward-looking within the meaning of the U.S. federal securities laws. In some cases, you can identify these forward-looking statements by the use of terms such as "expect," "will," "continue," or similar expressions, and variations or negatives of these words, but the absence of these words does not mean that a statement is not fo ...