TREND MICRO INC S/ADR - TMICY STOCK NEWS

Trend Micro, a global leader in cybersecurity, announced its first consumer security solutions for AI-powered PCs at Computex 2024. These new solutions, available late 2024, aim to address emerging threats associated with AI applications. Collaborating with Intel, Trend Micro will leverage Intel's next-generation Core Ultra processors to enhance email security by running scans locally, increasing privacy and reducing latency.

Trend Micro's new AI application protection feature aims to prevent model tampering and knowledge base poisoning, thus securing personal information and mitigating misinformation risks. The company anticipates a 100% increase in the usage of its NPU-powered email security feature on AI PCs.

Trend Micro emphasizes its commitment to securing AI and leveraging partnerships to foster innovation. By offering solutions for both enterprise and individual consumers, the company seeks to be at the forefront of AI cybersecurity.

Trend Micro announced the launch of its innovative Inline NDR technology, integrated within the Trend Vision One™ platform. This technology enhances network detection and response by providing enforcement, visibility, and decryption capabilities without compromising quality. It helps security operations centers by addressing resource constraints and improving response times to threats. Inline NDR is designed to decrypt modern encryption techniques and integrates with various telemetry sources, making it more robust than stand-alone solutions. Trend Micro aims to address security blind spots in unmanaged network assets, enhancing overall threat detection and response efficiency.

Trend Micro announced a new AI-driven data center security solution at COMPUTEX 2024 in Dallas. The solution integrates NVIDIA's NIM microservices with Trend Vision One™ – Sovereign and Private Cloud (SPC) to provide enhanced security for AI-enabled private data centers.

This innovative platform caters to the growing needs of both government and private sector organizations seeking to leverage AI while maintaining data privacy and regulatory compliance. It minimizes risks by optimizing data privacy, real-time analysis, and rapid threat mitigation.

The integration also includes NVIDIA DOCA App Shield and the NVIDIA Morpheus framework, ensuring seamless and efficient threat detection and response without compromising performance. This solution aims to address the complexities of next-gen AI-driven data centers, providing important advancements in security infrastructure as businesses worldwide adopt generative AI.

Trend Micro has revealed that 79% of global cybersecurity leaders feel pressured to downplay cyber risks to their organizations. This credibility gap is largely due to the challenge of communicating cyber risks in a language that senior leadership understands. Results show that 46% of security leaders gain more credibility when they can measure the business value of their cybersecurity strategy. However, only 54% of cybersecurity leaders believe their C-suite fully understands these risks. Additionally, a communication gap persists, with 34% viewing cybersecurity as an IT issue rather than a business risk. A unified Attack Surface Risk Management (ASRM) platform is suggested as a solution to provide consistent risk insights and mitigate these challenges.

Trend Micro announced its strategy to protect consumers from AI-related risks as AI PCs become more prevalent. The company plans to release a series of cybersecurity solutions throughout 2024 aimed at safeguarding users from AI abuses like phishing and deepfakes. Their initiatives will include AI Application Protection, Malicious AI Content Protection, and NPU-powered Cybersecurity Capabilities for AI PCs. Trend's approach leverages its expertise in digital threats to innovate in cybersecurity, ensuring safer AI usage. By 2027, AI PCs are expected to constitute nearly 60% of global PC shipments, providing better speed and privacy through local processing.

Trend Micro Incorporated reported strong earnings results for Q1 2024, with a 12% YoY growth in net sales, a 27% increase in operating income, and a record 51% growth in platform-connected ARR. The company posted consolidated net sales of 65,931 million Yen and does not revise expected full-year results. Trend Micro's success was driven by its AI-driven cybersecurity platform, operational efficiency, and commitment to innovation and trust.

Trend Micro has expanded its AI-powered cybersecurity platform to protect against accidental AI misuse and external abuse. The company introduced new capabilities to secure organizational use of AI and mitigate risks associated with widespread adoption of AI tools. These enhancements include centralized management of employee access to AI applications, content filtering for compliance, defense against large language model attacks, and more. Trend Micro is committed to promoting responsible AI development and provided guidance to the US Cybersecurity and Infrastructure Security Agency on AI security measures.