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 has released a significant study highlighting cybersecurity risks in connected cars. Evaluating 29 real-world attack scenarios, the report identifies various threats, including DDoS attacks on Intelligent Transportation Systems. Over 17% of attack vectors are categorized as high risk, requiring minimal expertise from attackers. While the overall risk of cyber attacks is assessed as medium, the evolution of threats due to SaaS applications in vehicle architecture poses further risks. The report emphasizes the need for comprehensive security measures across the connected car ecosystem.
Trend Micro has launched the What's Your Story? 2021 video competition as part of its Internet Safety for Kids and Families program. The contest invites students from Canada and the U.S. to create videos answering how the internet helped them during the pandemic. Entries are accepted until April 20, 2021. Winners will receive a total of $20,000 in prizes, with individual student entries eligible for up to $10,000. Finalists will be announced on May 4, 2021, and winners on May 18, 2021. Judges include representatives from various organizations focused on internet safety.
On February 9, 2021, Trend Micro announced its new cybersecurity platform, Trend Micro Vision One, designed to address security alert overload and resource constraints. This enhanced platform incorporates extended detection and response (XDR), offering improved visibility, threat intelligence, and integration with third-party solutions. It aims to streamline security management, enabling teams to react faster to significant threats. The platform is backed by 30 years of innovation and is positioned to help organizations mitigate cyber risks more effectively.
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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.
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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.