Ondrej Vlcek, chief executive officer of Avast, apologizes for his company's sale of users' Web ... [+] habits. Simon Dawson/BloombergAvast, one of the world’s biggest antivirus and security companies, announced on Thursday plans to wind up its subsidiary Jumpshot after a privacy furor erupted over the last two months. After Forbes pressed Avast CEO Ondrej Vlcek over the privacy implications of the Czech cybersecurity giant sharing the Web-browsing habits and histories of its users with Jumpshot, Senator Ron Wyden (D–Ore.) “As CEO of Avast, I feel personally responsible and I would like to apologize to all concerned. At the time Jumpshot, 65%-owned by Avast, made up around 5% of overall revenue, according to Vlcek.

Source: Forbes January 30, 2020 11:14 UTC