TREND MICRO INC S/ADR - TMICY STOCK NEWS

Trend Micro warns of emerging cybersecurity threats in the metaverse through a new report titled Metaverse or MetaWorse? Cyber Security Threats Against the Internet of Experiences. It identifies a 'darkverse' where criminal activities may flourish, including NFT fraud, money laundering, and social engineering. The report highlights that law enforcement will struggle to monitor these threats, leading to significant security challenges. Bill Malik emphasizes the need for proactive measures to secure the metaverse before it becomes a Wild West of cybercrime.

Trend Micro has marked its fifteenth consecutive year of expanding its Zero Day Initiative (ZDI), responsible for 64% of all vulnerabilities disclosed in 2021 as per Omdia. The ZDI disclosed 984 vulnerabilities, including 48 critical and 723 high severity cases, significantly outperforming its nearest competitor by more than three times. The year saw a 12% increase in total vulnerabilities disclosed across 11 organizations, highlighting the industry's growing proactive stance against cyber threats. As the largest vendor-agnostic bug bounty program, ZDI continues to lead in enhancing digital security.

Trend Micro has successfully attained the updated AWS Security Competency status, reinforcing its role as a leading partner in the AWS ecosystem. This designation highlights the company's commitment to providing robust security solutions tailored for cloud environments. Trend Micro Cloud One is readily available for purchase on the AWS Marketplace, enabling quick access to vital security services. The partnership with AWS aims to support global organizations migrating to the cloud, addressing security concerns while enabling innovation and growth.

Trend Micro Incorporated (TMICY) reinforces its position as a leader in cloud security, boasting a 17.7% market share, nearly three times that of its closest competitor, as per IDC. This marks the fourth consecutive year of leading cloud workload security, emphasizing customer-driven innovations. New features include a streamlined setup for improved visibility and simplified deployment for container security. The company has also expanded its AWS competencies to include Healthcare and DevSecOps, further enhancing its comprehensive cloud security platform available across major marketplaces.

Trend Micro's recent research reveals that 54% of global organizations believe their cyber risk assessments lack sophistication, leaving them vulnerable to various threats including ransomware and phishing attacks. Key findings show 28% struggle with manual attack surface mapping, while 32% face challenges with multiple tech stacks. Over 80% of respondents feel exposed to cyber threats. Additionally, a majority of decision-makers lack the ability to effectively quantify risk exposure to leadership. The study underscores the need for unified platforms to enhance visibility and risk management.

Trend Micro has achieved Amazon Web Services (AWS) Healthcare Competency status, enhancing its cloud security capabilities. This recognition adds to the company's portfolio of over 15 AWS competencies, solidifying its position as a leading cybersecurity provider. As an AWS Advanced Technology Partner, Trend Micro focuses on delivering robust security solutions tailored for healthcare organizations, addressing threats like ransomware and insider attacks. The company also announced the addition of the AWS DevOps Competency, reflecting its commitment to innovation and security in the cloud.

Trend Micro blocked over 33.6 million cloud email threats in 2021, marking a 101% increase from the previous year, highlighting email's status as a key entry point for cyber attacks. Key findings include:

• 16.5 million phishing attacks blocked, up 138%.
• 6.3 million credential phishing attacks detected, a 15% increase.
• 3.3 million malicious files, including a surge in both known and unknown malware.

Trend Micro has released a study highlighting that improved security and privacy capabilities are key motivators for organizations pursuing private 5G wireless networks. The study, conducted by 451 Research, surveyed 400 decision-makers across the US, Germany, the UK, and Spain. Major concerns include data exposure and vulnerabilities, with 31% citing data privacy risks. Additionally, organizations indicate the need for expert security partnerships, with 58% planning risk assessments with partners. The findings underscore the growing demand for robust security in private 5G deployments.

Trend Micro has launched VicOne, a dedicated cybersecurity solution for connected and electric vehicles. This initiative responds to the growing need for enhanced security as over 400 million connected cars are projected to be on the roads by 2025. The new solution integrates with Microsoft Azure IoT services for comprehensive threat detection and response, aligning with UN regulations on vehicle cybersecurity. Trend Micro's partnership with MIH Consortium and participation in the SOAFEE initiative further strengthens its role in automotive cybersecurity, ensuring robust protection across the industry's evolving landscape.