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 Inc. (TMICY) develops cybersecurity software and services for enterprise and consumer environments, with an AI-powered platform spanning clouds, networks, devices and endpoints. Company updates commonly cover Trend Vision One, cyber risk exposure management, agentic SIEM, digital twin security simulation, threat defense optimized for major cloud environments, and consumer fraud-protection tools such as ScamCheck.
Recurring news also includes threat research on scams, exposed AI infrastructure and vulnerability trends, financial results tied to annual recurring revenue and platform adoption, and partnerships that connect Trend Micro's security capabilities with enterprise operations.
Trend Micro's latest report highlights the rising security threats targeting Linux systems as organizations shift to cloud environments. In the first half of 2021, nearly 13 million malware events were recorded, with 25% being cryptocurrency miners and 20% web shells. The report reveals that most attacks exploited outdated software, with 44% targeting older versions of CentOS. The findings emphasize the importance of securing Linux-based workloads to protect against evolving cyber threats.
Trend Micro, a global cybersecurity leader, reports significant growth as an Amazon Web Services (AWS) Advanced Technology Partner. The company achieved a 177% year-over-year sales growth in Q2 2021 and a 63% increase in annual recurring revenue in AWS Marketplace. Trend Micro holds a substantial 27.5% market share in the worldwide cloud workload security market. The firm is expanding its offerings, integrating six new services in 2021, reaffirming its commitment to simplifying cloud security for businesses amid rapid digital transformation.
On August 17, 2021, Trend Micro announced its 7th annual global Capture the Flag competition, the Raimund Genes Cup, aimed at enhancing cybersecurity skills. With a significant shortage of over 3 million cybersecurity professionals worldwide, this competition addresses the urgent need for skilled individuals in the industry. The event includes online qualifiers from September 18-19, with the top teams advancing to virtual finals on December 18-19. The winning team will receive 1,000,000 JPY (approximately $9,000 USD) and rewards for participants, promoting talent development in cybersecurity.
Trend Micro reported robust Q2 2021 results with a 12% year-over-year growth in net sales, reaching 46,734 million Yen (US $426 million). Key drivers included a 30% increase in enterprise subscription-based revenue and a 60% rise in SaaS instances. The company now has 360,000 subscription-based customers, reflecting a 19% YoY growth. Positive industry recognition includes being named a leader in multiple security categories, and new innovations, such as a co-built SaaS solution and advancements in IIoT security, highlight Trend Micro's commitment to enhancing cybersecurity.
Trend Micro's recent report indicates a heightened risk of cyber attacks, with 80% of global organizations anticipating a data breach affecting customer data within the next year. The Cyber Risk Index (CRI) reveals a slight increase in the risk score to -0.42. Key findings include that 86% of respondents consider serious cyber-attacks likely, and 24% reported suffering over seven attacks in the past year. The report highlights critical vulnerabilities, particularly in cloud computing, and emphasizes the need for organizations to improve their cybersecurity strategies.
Trend Micro, a global cybersecurity leader, participated in the virtual Black Hat USA 2021 conference from July 31 to August 5. Attendees engaged in the Exploit Elimination Challenge while exploring how threat intelligence enhances platform security.
Trend Micro’s platform offers visibility and extended detection and response (XDR) across various environments, powered by threat intelligence that aids in effective detection and alerts.
For detailed insights, visit their enterprise security platform link.
Trend Micro has partnered with Scamadviser to combat online scams and misinformation. This collaboration allows Trend Micro to educate users on the importance of cybersecurity while supporting Scamadviser’s Global State of Scam Report and the 2021 Global Online Scam Summit in November. Trend Micro also promotes its Check extension, which alerts users to potential online fraud. This partnership reflects Trend Micro's commitment to digital safety and public education against cyber threats.
Trend Micro's latest research highlights that 22% of exploits available in underground forums are over three years old, indicating a persistent risk for organizations. The report underscores the importance of timely patching, revealing that vulnerabilities can be exploited long after they are patched. Notably, the average time to patch a vulnerability is now 51 days. Additionally, the study shows a decline in the zero-day exploit market, influenced by bug bounty programs. As cybercriminals increasingly target legacy vulnerabilities, the necessity for proactive measures such as virtual patching becomes critical for organizations.
Trend Micro's recent research indicates that 50% of US organizations are ineffective against phishing and ransomware threats. The study, conducted by Osterman Research, surveyed 130 cybersecurity professionals from mid-sized and large firms. Key findings include that 72% find it hard to prevent attacks via home networks and only 37% effectively follow best practices. Moreover, 84% of respondents faced at least one security incident, highlighting the urgent need for multi-layered defense strategies. The report outlines essential practices like improved authentication and proactive incident response planning.
Trend Micro has been recognized as a "Champion" in the Canalys Global Cybersecurity Leadership Matrix for the second consecutive year, achieving a 79% vendor benchmark rating. The company noted significant improvements in its channel program post-refresh, with enhanced support for cloud migration and hybrid security. Key metrics include 28% year-over-year growth in managed service providers and a 9% increase in new logo customers. Additionally, its partner portal experienced a 143% growth in unique logins in 2020.