Should Avast be having a better crisis? With millions working from home in makeshift office spaces during lockdowns, the world’s workforce is bound to be more vulnerable to cyberattacks (Miles Costello writes). The evidence shows that attempts to hack into consumer and business computers are rising.
It is not that the blue-chip cybersecurity specialist is not doing well — revenues and adjusted profits have increased this year and the company has continued to make dividend payments — but faced with such a huge opportunity, albeit amid heavy competition, it is tempting to believe that business should be even better. Could that be why the shares are marginally down this year?
Avast was founded in the Czech Republic in 1988 by two researchers, inspired to design
