In the age of AI, the potential for exploitation of this technology for digital theft is a concern. Gen Digital (GEN) aims to help protect against data theft. The company’s fourth quarter report revealed better-than-expected earnings, showing a growing demand for its services.
Gen Digital CEO Vincent Pilette joins Catalysts to discuss the company’s recent performance and explain how Gen can help with the growing complications in keeping data secure.
Pilette outlines the current landscape of identity theft: "You can have your personal data stolen from somewhere else than you own devices and a year later being posted in the dark web, being bought by bad actors. And suddenly you wake up and you have credit cards and mortgages taken on your name and your identity being stolen, and you don’t realize it. So we’ve evolved our portfolio to be uniquely centric around the user and protecting your data from not only just device security, overall security, but also identity protection and restoration services, giving consumers the ability to also understand their data and their privacy features they want to have in the dark web all the way to the ability to manage your own reputation online."
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