Alphabet strengthens online security with device-bound cookies for Chrome

Alphabet (GOOGL) unveiled a new cookie-protection feature called Device Bound Session Credentials for Chrome, using Windows’ TPM and macOS’ Secure Enclave to generate a non-exportable key pair and issue short-lived session cookies only after proving the private key to the server, aiming to stop malware from hijacking sessions as AI and other online threats grow. The move aligns with Alphabet’s cybersecurity priorities while the stock remains favored by analysts, with a consensus Strong Buy and a target around $377.90 (~19% upside).