TREND MICRO INC S/ADR - TMICY STOCK NEWS

Trend Micro's recent survey highlights that 88% of global healthcare organizations (HCOs) accelerated cloud adoption due to the pandemic. Key motivations included remote work, cost savings, and improved IT agility. However, challenges such as skills shortages (43%), operational difficulties (34%), increased costs (43%), and limited confidence in security responsibilities (40%) were also identified. The company emphasizes that while cloud migration presents risks, effective security tools can enhance cloud benefits and mitigate potential issues, ensuring the safety of patient data.

Trend Micro, a leader in cloud security, announced its collaboration with Trend Forward Capital and Amazon Web Services (AWS) for the 4th annual Forward Thinker Award competition. This year, the competition offers a total of $30,000 in cash prizes, with a winner receiving $20,000 and a runner-up $10,000. Finalists can also earn up to $40,000 in AWS Promotional Credit and Trend Micro cybersecurity software. The competition, now virtual due to COVID-19, aims to support innovative entrepreneurs globally. Applications are open until February 10, 2021, with finalists announced by February 22, 2021.

Trend Micro has been recognized as one of the 100 Coolest Cloud Companies for 2021 by CRN, highlighting its leadership in cloud security. The selection emphasizes the company's commitment to channel partners and innovation in services. Trend Micro's Cloud One platform offers extensive security solutions for organizations utilizing cloud infrastructure, aiming to simplify hybrid and multi-cloud security for partners and their clients. This award not only acknowledges Trend Micro's market position but also affirms its ongoing collaboration with channel partners to drive mutual success.

Trend Micro has launched the EdgeIPS Pro, an innovative intent-based industrial intelligent IPS array, to enhance cybersecurity in smart factories. This solution caters to the needs of industries such as automotive and semiconductor manufacturing, focusing on protecting large-scale networks from attacks while optimizing operational and capital expenditures (OPEX and CAPEX). EdgeIPS Pro utilizes TXOne's Deep Packet Inspection technology, allowing for efficient network segmentation without requiring extensive configuration changes, thus enabling centralized management and minimizing deployment costs.

On October 6, 2020, Trend Micro published a report detailing methods to counter the underground hosting market used by cybercriminals. This report highlights the business strategies employed by bulletproof hosters that support cybercrime and offers actionable insights for security teams and law enforcement to disrupt these operations. Key methods include analyzing IP ranges and autonomous system behaviors to identify underground hosters, and strategies such as submitting abuse requests and impairing their business models to increase operational costs.

Trend Micro has achieved the AWS Outposts Ready designation, recognizing its hybrid cloud security solutions as successfully integrated with AWS Outposts. This designation underscores Trend Micro's leadership in hybrid cloud security, commanding a 29.5% market share in the software-defined compute workload protection sector. The integration facilitates consistent hybrid experiences for customers, especially in sectors like government and finance, by providing robust security while adhering to data residency requirements. This accomplishment enhances Trend Micro's position as a trusted partner in cloud security.

Trend Micro's recent study highlights significant cybersecurity risks as 39% of remote workers access corporate data via personal devices. The survey, involving over 13,000 employees across 27 countries, reveals that 36% lack basic password protection on these devices. Additionally, 52% of workers have IoT devices connected to home networks, which may carry security vulnerabilities. The findings stress the importance of tailored cybersecurity training for employees and recommend employers refine security policies to mitigate risks associated with personal devices and IoT.

Trend Micro launched the Premium Security Suite, its most comprehensive protection aimed at home users, addressing concerns over identity theft. A survey indicates that 62% of Americans are worried about identity theft, with similar concerns for cyber threats on devices. The suite includes Maximum Security, Mobile Security, ID Security, WiFi Protection, and a Password Manager. In the first half of 2020, Trend Micro blocked over 27 billion threats. The suite is available now, with existing customers set to receive automatic upgrades.