Trend Micro Platform Exceeds 10K Large Enterprise Customers, Extends Proven Solution to Small Enterprises

Rhea-AI Summary

Trend Micro (TYO: 4704; TSE: 4704) has announced significant growth for its Trend Vision One™ cybersecurity platform, now serving over 10,000 enterprise customers globally. The company has extended its platform to cater to small- and mid-sized enterprises (SMEs), addressing the critical need for cyber risk management in this sector. The AI-powered platform offers comprehensive risk management capabilities, including asset profile management, attack path prediction, and custom remediation guidance.

Trend Micro has also introduced new tools designed for Managed Service Providers (MSPs), enabling them to efficiently deliver enterprise-grade cyber risk management to SMEs. This expansion aims to bridge the cybersecurity talent shortage and support vendor consolidation. The platform's multi-tenant capabilities allow MSPs to offer continuous cyber risk management, leveraging broad security features for endpoint, email, network, identity, and cloud, along with XDR and Attack Surface Risk Management (ASRM) modules.

Positive

• Trend Vision One™ platform now serves over 10,000 enterprise customers worldwide
• Extended platform offering to cater to small- and mid-sized enterprises (SMEs)
• Introduction of new management and operational tools for Managed Service Providers (MSPs)
• AI-powered risk management capabilities for improved asset profile management and attack path prediction
• Multi-tenant platform enabling MSPs to deliver comprehensive cyber risk management to SMEs

Negative

• None.

AI-powered platform with built-in risk management bridges cybersecurity talent shortage, supports vendor consolidation

DALLAS, Aug. 2, 2024 /PRNewswire/ -- Global cybersecurity leader Trend Micro Incorporated (TYO: 4704; TSE: 4704) has achieved new growth and availability milestones for its cybersecurity platform. Trend Vision One™ now serves over 10,000 enterprise customers worldwide and has also been extended to help small- and mid-sized enterprises (SMEs) better manage their cyber risk. Enhanced with new management and operational tools designed specifically for Managed Service Providers (MSPs), the platform simplifies risk management for enterprises while also allowing MSPs to gain operational efficiencies, expand their services and monetize the market opportunity.

Trend's cybersecurity platform goes beyond single solutions to more efficiently manage the full cyber risk lifecycle.

"SMEs are often the most attractive targets for cybercriminals," said James Rocker, CEO at IT service provider Nerds That Care. "By identifying and addressing vulnerabilities before they can be exploited, Trend helps level the playing field for organizations that don't staff large security teams. Our team is looking forward to this next evolution in Trend's offering for managed services providers and customers."

Unlike other cybersecurity vendors stitching together disconnected capabilities, Trend's AI-powered cybersecurity platform goes beyond single solutions to more efficiently manage the full cyber risk lifecycle. Risk management is powered by AI to improve managing asset profiles, predicting attack paths and enabling custom remediation guidance. This means a single security tool can enable teams of all sizes to assess and prioritize risk in real time and take action to build enterprise resilience.

Kevin Simzer, COO at Trend: "This is a major growth period for SMEs, and it's important to build on secure foundations. We see a critical need to address growing attack surface risk while enterprises are facing a significant lack of cybersecurity talent—that's a valuable opportunity for the channel. Our expanded platform offering empowers MSPs to seamlessly deliver enterprise-grade cyber risk management to SMEs, enhancing customer business resilience and confidence while increasing the market opportunity for our partners."

Managing cyber risk is one of the most difficult challenges that SMEs face as threats continue to evolve and multiply, with many lacking sufficient staffing to meet security needs. According to industry association CompTIA, 35% of small and 27% of medium-sized US businesses are assessing risk, but without a formal framework for doing so. A further 15% and 9% respectively are still only at the discussion stage regarding risk management.

Trend Vision One™ for Managed Service Providers offers partners a broad range of proven, enterprise-grade capabilities from a single platform with the integrations they require to efficiently manage their operations. In an industry first, MSPs can now deliver comprehensive, precise and continuous cyber risk management for their customers in a multi-tenant platform, leveraging broad security capabilities for endpoint, email, network, identity, and cloud combined with powerful built-in modules like XDR and Attack Surface Risk Management (ASRM).

To learn more about Trend Vision One™ and powerful capabilities like Attack Surface Risk Management, visit: https://www.trendmicro.com/en_us/business/products/detection-response/attack-surface-management.html 

About Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend's platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro enables organizations to simplify and secure their connected world. www.TrendMicro.com.

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SOURCE Trend Micro Incorporated

FAQ

How many enterprise customers does Trend Micro's Vision One™ platform serve?

Trend Micro's Vision One™ platform now serves over 10,000 enterprise customers worldwide.

What new market segment is Trend Micro (TMICY) targeting with its cybersecurity platform?

Trend Micro is extending its cybersecurity platform to target small- and mid-sized enterprises (SMEs).

What key features does Trend Vision One™ offer for cyber risk management?

Trend Vision One™ offers AI-powered risk management capabilities, including asset profile management, attack path prediction, and custom remediation guidance.

How is Trend Micro (TMICY) addressing the cybersecurity needs of Managed Service Providers?

Trend Micro has introduced new management and operational tools designed specifically for Managed Service Providers (MSPs), enabling them to deliver enterprise-grade cyber risk management to SMEs efficiently.