Welcome to our dedicated page for Trend Micro news (Ticker: TMICY), a resource for investors and traders seeking the latest updates and insights on Trend Micro stock.
Trend Micro Incorporated (TMICY) is presented in its public communications as a global cybersecurity leader with an AI-powered platform that protects organizations and individuals across clouds, networks, devices, and endpoints. The news associated with TMICY highlights how the company applies its cybersecurity and AI capabilities in enterprise, cloud, AI infrastructure, consumer, and research contexts.
Investors and followers of TMICY can see regular announcements about AI-driven security innovation, such as the launch of Trend Vision One Agentic SIEM to address traditional SIEM challenges, and the introduction of Digital Twin technology to simulate threats and validate defenses across complex environments. News also covers exposure management developments, including recognition by IDC MarketScape for Trend Vision One Cyber Risk Exposure Management.
Trend Micro’s news flow frequently includes strategic alliances with major technology and infrastructure partners. Recent examples in the provided data include an expanded alliance with Google Cloud focused on AI-driven cybersecurity and sovereign cloud solutions, and collaboration with NVIDIA on AI-powered infrastructure and cybersecurity digital twins. The company also announced a letter of intent with Wistron Digital Technology Holding Company to form Magna AI, described as a full-value-chain global enterprise AI transformation factory.
Another recurring theme in TMICY news is threat research and scam protection. Trend Micro publishes reports on topics such as task scams, deepfake-enabled cybercrime, and exposed AI servers, and promotes consumer tools like Trend Micro ScamCheck to help address online scams. In addition, the company announces brand partnerships, such as becoming an Official Partner of the McLaren Formula 1 Team, where its cybersecurity expertise is applied to high-performance racing operations. This mix of product, partnership, research, and earnings news provides a broad view of how Trend Micro positions itself in the cybersecurity and AI landscape.
On January 24, 2022, Trend Micro reported that its Smart Protection Network blocked over 94.2 billion cyber-threats in 2021, marking a 42% increase from the previous year. The surge was particularly noted in the latter half of the year, with an additional 53 billion threats. Despite the increase in detected threats, the company successfully blocked 66% fewer ransomware attacks, indicating a shift toward more targeted threats. Trend Micro anticipates rising challenges in 2022 for IoT systems and supply chains, urging enhanced security measures.
Trend Micro announced the winners of its 2021 Capture the Flag Competition, showcasing talent from 12 teams across 14 countries. The finals, held on December 18-19, focused on critical cybersecurity challenges such as Reversing, Cloud, and IoT. Romania's PwnThyBytes claimed first place, winning ¥1,000,000 (approx. $9,000 USD). The competition aims to address the growing cybersecurity skills gap amid rising threats. Trend Micro continues to position itself as a leader in cybersecurity solutions with a focus on nurturing the next generation of talent.
On December 7, 2021, Trend Micro forecasted a proactive cybersecurity approach for organizations in 2022. They reported blocking 40.9 billion threats in H1 2021, a 47% year-over-year increase. Threats are expected to target cloud workloads and IoT systems, with advanced malware affecting SMBs. To combat this, organizations should implement
- server hardening
- risk-based patching
- Zero Trust principles
- extended detection and response
Trend Micro has been recognized in the Customers' Choice quadrant of Gartner Peer Insights' 'Voice of the Customer' report for endpoint protection platforms, achieving a high customer recommendation rate of 93% based on 340 reviews. The company scored 4.6 out of 5, with significant ratings across product capabilities, sales, deployment, and support experiences. This marks Trend Micro's second consecutive acknowledgment in this report, underscoring its commitment to customer satisfaction in a competitive cybersecurity landscape.
Trend Micro released new research highlighting the growing cybercrime supply chain driving ransomware attacks, particularly focusing on the increasing demand for Access-as-a-Service. The report analyzed over 900 access broker listings from January to August 2021, revealing that the education sector is the most targeted, comprising 36% of advertisements. There are three main types of access brokers: opportunistic sellers, dedicated brokers, and online shops. Prices for access vary significantly, with RDP credentials available from $10 to $100,000. Trend Micro recommends various strategies for organizations to bolster cybersecurity.
Trend Micro, a leader in cloud security, announced significant achievements in global cloud security during AWS re:Invent 2021. The company protects 6 million cloud workloads and boasts a 177% year-on-year sales growth in the AWS Marketplace. Trend Micro holds a 28% share of the global cloud workload security market. With over 20,000 customers in 114 countries, the surge in cloud investments has underscored the importance of secure cloud infrastructure. Trend Micro continues to innovate and expand its offerings, addressing the complexities of multi-cloud environments.
Trend Micro has expanded its cloud security services, now covering data centers across 9 countries. This expansion positions Trend Micro as a leader in global cloud security, meeting the growing customer demand for data residency and sovereignty compliance. The company integrates its services with major cloud platforms like Amazon Web Services, Microsoft Azure, and Google Cloud, ensuring comprehensive security solutions. All data centers comply with key regulations including PCI DSS, ISO 27001, and GDPR.
Trend Micro has revealed that 90% of IT decision makers would compromise on cybersecurity for business goals, while 82% have felt pressured to downplay cyber risks to their boards. Only 50% of IT leaders believe the C-suite fully understands cyber risks. Interestingly, 52% report inconsistent organizational attitudes towards these risks. Despite this, 31% of respondents see cybersecurity as the biggest business risk, with 66% acknowledging its high cost impact. The report suggests a need for IT and business leaders to better communicate on cybersecurity issues.
Trend Micro announced its Q3 2021 earnings, reporting a net sales increase of 11% year-over-year, amounting to ¥47.85 billion ($434 million). The company achieved a 32% rise in enterprise subscription-based annual recurring revenue (ARR), exceeding $500 million. SaaS deployments grew by 59%, reflecting heightened demand for cybersecurity solutions. Notable achievements included blocking 41 billion cyber threats and a significant 177% sales increase in AWS Marketplace. The company revised its fiscal year 2021 guidance upwards, highlighting strong performance in North America and increased customer adoption of its SaaS platform.
On Nov. 10, 2021, Trend Micro released research on the Void Balaur cyber mercenary group, which has targeted over 3,500 individuals and organizations, including human rights activists and politicians. This group has been operational since 2018, primarily advertising on Russian forums and making money by breaching email accounts and selling sensitive data. Their charges range from $20 for stolen credit history to over $800 for detailed phone records. Trend Micro advises businesses to adopt robust cybersecurity measures to defend against such threats.
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