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TREND MICRO INC S/ADR - TMICY STOCK NEWS

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Trend Micro, a global leader in security software and solutions, aims to secure digital information exchanges, protecting individuals, families, businesses, and governments from cyber threats. With over 25 years of experience, Trend Micro offers innovative security solutions for mobile devices, endpoints, gateways, servers, and the cloud. Their proactive approach includes virtual patching that safeguards customers from vulnerabilities even before official patches are released, saving enterprises an average of $1M. Recent advancements include AI-powered security solutions, such as Trend Vision One™, which provide enhanced threat detection and response capabilities. Trend Micro also collaborates with industry leaders like NVIDIA to integrate cutting-edge AI technologies into their security platform.

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Trend Micro has been recognized as a Leader in Gartner's 2024 Magic Quadrant for Email Security Platforms (ESP). The company's flagship product, Trend Vision One™ – Email and Collaboration Security, is integrated into their attack surface risk management platform, offering centralized visibility and control.

The platform features AI and sandbox-based analysis for detecting zero-day threats and BEC attacks, integrated capabilities for SecOps and IT admins, 200+ compliance templates for third-party cloud solutions, and comprehensive AI capabilities for threat prevention and response automation. According to Gartner, Leaders demonstrate strong vision, execution ability, and quick adaptation to new attack trends.

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Trend Micro (TYO: 4704; TSE: 4704) has released its cybersecurity predictions for 2025, warning about the emergence of AI-powered malicious digital twins and hyper-personalized attacks. The report highlights how breached personal information could be used to train LLMs to mimic individuals' personalities and behaviors, especially when combined with deepfake technology and compromised biometric data.

The company predicts these technologies will enhance business compromise scams, improve targeting of victims, and facilitate the creation of authentic-seeming social media personas for spreading misinformation. Additional concerns include vulnerability exploitation of AI agents, unintended information leakage, and system resource consumption issues.

The report also addresses ransomware threats, predicting attackers will adapt to bypass EDR tools through various techniques. Trend Micro recommends implementing risk-based cybersecurity approaches, leveraging AI for threat intelligence, updating user training, and securing AI technology against abuse.

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Trend Micro (TYO: 4704; TSE: 4704) has achieved exceptional results in the latest MITRE ATT&CK® Evaluations, demonstrating complete coverage across multiple attack scenarios. The company's Trend Vision One™ platform achieved 100% analytic coverage for all major attack steps, Linux and MacOS sub-steps, and server platform operations, along with 99% coverage for all sub-steps overall.

The evaluations tested the platform's ability to detect targeted attacks, including ransomware attacks against Linux and MacOS, as well as attacks from the Democratic People's Republic of Korea targeting MacOS. This year's format included multiple smaller emulations to provide a more detailed assessment of defensive capabilities.

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Trend Micro (TYO: 4704; TSE: 4704) has achieved FedRAMP® Authorization to Operate (ATO) for its Trend Vision One™ for Government platform. This certification enables U.S. Federal government customers to utilize Trend's platform for cybersecurity risk management and threat prevention.

The platform offers key features including: integrated sensors across multiple environments, advanced threat intelligence, dynamic detection models, and continuous threat hunting capabilities. The solution maintains data processing within the U.S. and separates government data from commercial cloud environments to meet strict FedRAMP requirements.

This authorization validates Trend's ability to secure attack surfaces and manage cyber risk for government agencies, their partners, and suppliers, while supporting zero trust architectures across hybrid cloud and on-premises environments.

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Trend Micro (TYO: 4704; TSE: 4704) strengthens its position in cloud security for healthcare innovators with AI-driven solutions across AWS, Azure, and Google Cloud. The company, ranked #1 in 2023 CNAPP market share by IDC, introduces new security tools including AI-Detection & Response, AI Security Posture Management, Data Security Posture Management, and Cloud Infrastructure Entitlement Management. These solutions help healthcare organizations protect sensitive patient data while enabling AI innovation. Xsolis, a healthcare AI applications developer, endorses Trend Micro's security solutions for enabling secure growth in the AWS environment.

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Trend Micro announced strong growth for its Trend Vision One™ for Managed Service Providers platform, with over 50 strategic MSPs adopting the solution within two weeks of launch. The platform enables MSPs to provide comprehensive cybersecurity services, including attack surface management and risk assessment capabilities. Nearly 100% of customers from the private technology preview continued their service. The platform combines endpoint, email, network, identity, and cloud security capabilities with XDR and Attack Surface Risk Management (ASRM) in a multi-tenant environment, allowing MSPs to deliver enhanced security services to organizations of all sizes.

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Trend Micro reported strong Q3 2024 financial results with a 6% year-over-year growth in net sales, reaching 68,124 million Yen (US $456 million). The company achieved significant improvements with a 42% increase in operating income to 14,801 million Yen (US $99 million) and a 24% operating margin. Enterprise annual recurring revenue (ARR) grew 6% to US $1.26 Billion, driven by a 21% increase in next-gen SOC ARR. The company added over 780 new customers year-to-date, reaching 10k+ total customers, with a 37% platform attach rate this quarter.

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Trend Micro announced a partnership with the Paris Peace Forum to guide global leaders in establishing secure frameworks for AI adoption and implementation. The collaboration aims to ensure AI's safe and responsible integration across industries. Trend Micro will contribute to the Forum's multi-stakeholder ecosystem, advancing the dialogue on secure AI. Kevin Simzer, COO at Trend Micro, emphasized the company's role in leading AI security efforts. The partnership will focus on the upcoming AI Action Summit in February 2025, where Trend Micro will share expertise on AI threats and defenses. The Forum's role in uniting government entities, NGOs, industry leaders, and academic experts is critical in addressing the broader security implications of emerging technologies. The collaboration aims to build a global framework for responsible AI governance and digital security.

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Trend Micro has announced its 2024 Customer Awards winners, recognizing organizations across various industries for their cybersecurity excellence. The awards showcase achievements in sectors including healthcare, telecommunications, education, energy, and financial services. Notable winners include Dole, Accor, and Northeast Georgia Health System, among others.

The awards are distributed across five categories: Visionary Award, Customer Innovator Award, Excellence Award, Cybersecurity Leader Award, and Ambassador Award. Winners demonstrated innovative approaches to cybersecurity, focusing on digital transformation, operational excellence, and industry leadership.

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Trend Micro Incorporated (TYO: 4704; TSE: 4704) is hosting Pwn2Own Ireland, a hacking contest focused on uncovering vulnerabilities in AI-enabled devices. The event, sponsored by Meta, Synology, and QNAP, aims to improve cybersecurity for both consumer and enterprise networks. Participants will compete in seven categories, including mobile phones, messenger apps, and smart home devices.

The contest highlights the increasing importance of securing consumer devices that can serve as entry points for cybercriminals targeting enterprise networks. Cash prizes are awarded for disclosing vulnerabilities, allowing vendors to patch them and Trend to protect its customers an average of 70 days ahead of the industry. This initiative is part of Trend's commitment to addressing the challenges posed by the rapid adoption of AI tools and the expanding attack surface in today's digital landscape.

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FAQ

What is the current stock price of TREND MICRO S/ADR (TMICY)?

The current stock price of TREND MICRO S/ADR (TMICY) is $53.74 as of December 20, 2024.

What is the market cap of TREND MICRO S/ADR (TMICY)?

The market cap of TREND MICRO S/ADR (TMICY) is approximately 7.4B.

What is Trend Micro known for?

Trend Micro is renowned for its security software and solutions that protect individuals, families, businesses, and governments from cyber threats.

What sets Trend Micro apart from other cybersecurity companies?

Trend Micro's proactive approach includes virtual patching that shields customers from vulnerabilities even before official patches are released, offering significant cost savings for enterprises.

How does Trend Micro stay ahead of emerging threats?

Trend Micro leverages innovative security solutions, like Trend Vision One™, powered by AI, to provide enhanced threat detection and response capabilities.

What recent advancements has Trend Micro made in cybersecurity?

Recent collaborations with industry leaders like NVIDIA have enabled Trend Micro to integrate cutting-edge AI technologies into their security platform, enhancing data privacy, real-time analysis, and rapid threat mitigation.

How does Trend Micro support customers with generative AI solutions?

Trend Micro's solution, Trend Vision One – Sovereign and Private Cloud (SPC), integrates with NVIDIA NIM to deliver AI-powered security solutions for organizations seeking to harness the power of AI in their data centers while mitigating security risks.

What benefits does Trend Micro's collaboration with NVIDIA bring to customers?

The collaboration with NVIDIA enables Trend Micro to provide efficient threat detection and response capabilities, improve data privacy, and enhance security solutions for modern data centers, ensuring seamless operation and maximum efficiency.

Where can I learn more about Trend Micro's solutions at COMPUTEX?

To find out more about Trend Micro's live demo at COMPUTEX in Taipei, visit the official event page for detailed information and updates on their cutting-edge cybersecurity solutions.

TREND MICRO INC S/ADR

OTC:TMICY

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TMICY Stock Data

7.39B
131.19M
0.01%
Software - Infrastructure
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