Trend Micro

Eclypsium Expands Leadership Team With New Executive Hires, Reinforcing Commitment to Supply Chain Security

Retrieved on: 
Tuesday, August 15, 2023

Eclypsium® , the supply chain security company protecting critical hardware, firmware, and software products and technologies, today announced the addition of two new executives to the company’s leadership team.

Key Points: 
  • Eclypsium® , the supply chain security company protecting critical hardware, firmware, and software products and technologies, today announced the addition of two new executives to the company’s leadership team.
  • “In an era where supply chain cybersecurity incidents have far-reaching consequences, Eclypsium is laser-focused on helping customers mitigate supply chain risk,'' stated Yuriy Bulygin, CEO and co-founder of Eclypsium.
  • “The strategic growth of our leadership team underscores our commitment to meeting the ever-evolving challenges our customers face.
  • Eclypsium’s supply chain security platform empowers enterprises with improved visibility throughout the IT infrastructure supply chain.

Identity Theft Resolution and Insurance from Iris® Powered by Generali Integrated into Trend Micro's Premium Security Suite

Retrieved on: 
Thursday, August 17, 2023

WASHINGTON and DALLAS, Aug. 17, 2023 /PRNewswire/ -- Iris® Powered by Generali ("Iris"), provider of a proprietary identity and cyber protection platform, today announced the launch of a white-labeled Identity Theft Resolution and Insurance offering for global enterprise and consumer cybersecurity leader, Trend Micro. This service will be included in Trend Premium Security Suite giving US and Canadian consumers 24/7 access to identity theft resolution to ensure users' personal information receives best-in-class protection.

Key Points: 
  • This service will be included in Trend Premium Security Suite giving US and Canadian consumers 24/7 access to identity theft resolution to ensure users' personal information receives best-in-class protection.
  • Paige Schaffer, CEO of Iris, commented on the partnership, "Working with Trend to integrate our Identity Theft Resolution and Insurance offering in their premium consumer cybersecurity solutions will give users the industry-leading protection they've come to expect from both firms.
  • Iris' Identity Theft Resolution and Insurance is a suite of services to help customers resolve the issues that arise when a fraudster steals their identity.
  • The Premium Security Suite from Trend is a comprehensive annual protection plan for up to 10 devices with Windows™, Mac, Android™, iOS, or Chromebook operating systems supported.

BIRD - Israel-U.S. Binational Industrial R&D Foundation, to Invest $3.85M in Critical Infrastructure Cybersecurity Projects

Retrieved on: 
Thursday, August 17, 2023

TEL AVIV, Israel, Aug. 17, 2023 /PRNewswire/ -- While the cybersecurity industry experienced record-breaking investments and continuous growth in recent years, most cyber companies have focused on developing solutions for banking and insurance companies, defense, eCommerce, and other verticals with generous budgets. Yet, cybersecurity requirements on the national level are growing at a rate faster than industry can support. Many companies, utilities, and small and medium-size ports and airports, have a constant need to adopt such enhanced cybersecurity solutions, though they must keep pace with the increasing number and complexity of requirements.

Key Points: 
  • The BIRD Foundation's Board of Governors recently approved funding for four joint cybersecurity projects submitted by U.S. and Israeli companies in response to the first BIRD Cyber solicitation.
  • In addition to the BIRD grants, the projects will leverage private-sector funding, boosting the total value of the projects to approximately $10 million.
  • "We are proud to partner with DHS to develop cutting-edge solutions for small and medium-sized businesses and critical infrastructure cybersecurity.
  • The BIRD Cyber program advances the U.S.-Israeli partnership through cyber innovation and collaboration, to build a more secure and resilient infrastructure.

Trend Micro Teams Up with INTERPOL to Take Down Notorious Phishing Operation

Retrieved on: 
Monday, August 14, 2023

DALLAS, Aug. 14, 2023 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that its close cooperation with law enforcement has led to another major win after the dismantling of a prolific phishing-as-a-service (PaaS) operation.

Key Points: 
  • Jon Clay, VP of threat intelligence at Trend: "Trend has been a committed partner of INTERPOL for many years, so when the call came for help, we didn't waste a second.
  • As this takedown proves once again, public-private partnerships backed by powerful threat intelligence can be a force multiplier for international cybercrime investigations."
  • Trend Micro was first approached by INTERPOL in 2020 when the policing alliance requested threat intelligence regarding PaaS site 16shop.
  • Through its research, Trend found and reported to INTERPOL that:
    Attacks supported by 16shop were particularly prevalent in Japan, as well as the U.S. and Germany.

Trend Micro Empowers Organizations to Tackle Malicious AI

Retrieved on: 
Thursday, August 10, 2023

DALLAS, Aug. 10, 2023 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today shared more details of its ongoing commitment to protect global customers around the world from emerging AI threats.

Key Points: 
  • Trend successfully blocked 73 billion threats for its global customer base in the first half of 2023, marking a 16% year-on-year increase.
  • Emerging malicious AI tools including WormGPT and FraudGPT are already being built on top of open-source generative AI platforms to democratize cybercrime, making hackers more productive and attacks more likely to succeed.
  • Trend™ Research recently revealed how threat actors are strengthening impersonation tactics by combining deepfake and AI voice cloning technology with generative AI for more effective virtual "virtual kidnapping" scams.
  • Empowering security teams to detect and respond to malicious AI use, Trend Vision One™ leverages its own generative AI through the Companion virtual assistant, in addition to AI app detection models, to help SOC analysts match the speed and polymorphic nature of AI-driven attacks.

Trend Micro ZDI Surpasses 1000 Published Advisories in 1H 2023 In Continued Commitment to Coordinated Disclosure

Retrieved on: 
Wednesday, August 9, 2023

DALLAS, Aug. 9, 2023 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, announced at Black Hat USA 2023 that its Zero Day Initiative program has published advisories addressing over 1000 unique vulnerabilities in 2023. The real-world impact if these vulnerabilities were to be weaponized would amount to time and financial losses of over 10 times the cost of prevention.

Key Points: 
  • DALLAS, Aug. 9, 2023 /PRNewswire/ -- Trend Micro Incorporated ( TYO: 4704 ; TSE: 4704 ), a global cybersecurity leader, announced at Black Hat USA 2023 that its Zero Day Initiative program has published advisories addressing over 1000 unique vulnerabilities in 2023.
  • "A concerning trend is being documented of companies lacking transparency around vulnerability disclosure vendor patching, which pose a threat to the security of the digital world."
  • Today, Trend is calling for an end to silent patching – the practice of slowing or diluting public disclosure and documentation of vulnerabilities and patches.
  • During a session at Black Hat USA 2023, Trend Research representatives revealed that silent patching has become particularly common among cloud providers.

Trend Micro Reports Earnings Results for Q2 2023 Marking 99th Quarter of Profitability

Retrieved on: 
Tuesday, August 8, 2023

TOKYO, Aug. 8, 2023 /PRNewswire/ -- Trend Micro Incorporated ( TYO: 4704 ; TSE: 4704 ), a global cybersecurity leader, today announced earnings results for the second quarter of fiscal year 2023, ending June 30, 2023, by reporting 11% year-over-year growth.

Key Points: 
  • TOKYO, Aug. 8, 2023 /PRNewswire/ -- Trend Micro Incorporated ( TYO: 4704 ; TSE: 4704 ), a global cybersecurity leader, today announced earnings results for the second quarter of fiscal year 2023, ending June 30, 2023, by reporting 11% year-over-year growth.
  • For this quarter, Trend Micro posted consolidated net sales of 60,831 million Yen (or US $442 million, 137.61 JPY = 1USD).
  • The company will not revise expected consolidated results for the full fiscal year ending December 31, 2023 (released on February 16, 2023).
  • Trend Micro was awarded the following patents in Q2 2023:

OCSF Celebrates First Anniversary with the Launch of a New Open Data Schema

Retrieved on: 
Tuesday, August 8, 2023

Security solutions that utilize the OCSF schema produce data in the same consistent format, so security teams can save time and effort on normalizing the data and get to analyzing it sooner, accelerating time-to-detection.

Key Points: 
  • Security solutions that utilize the OCSF schema produce data in the same consistent format, so security teams can save time and effort on normalizing the data and get to analyzing it sooner, accelerating time-to-detection.
  • Additionally, a growing number of Fortune 500 enterprises and public sector agencies have adopted the OCSF schema for internal use.
  • "The OCSF open framework removes a long-standing obstacle to data exchange that has plagued the security industry for years," said Paul Agbabian, vice-president of security technology leadership at Splunk.
  • “Without a common language, organizations have to analyze security-relevant telemetry and log data using multiple tools, technologies, and vendors.

German Firms Scramble to Outwit Cybercriminals

Retrieved on: 
Tuesday, August 8, 2023

“SMEs are a particularly attractive market segment for cybersecurity providers,” said Roger Albrecht, partner and co-lead of ISG Cybersecurity, based in Germany.

Key Points: 
  • “SMEs are a particularly attractive market segment for cybersecurity providers,” said Roger Albrecht, partner and co-lead of ISG Cybersecurity, based in Germany.
  • Due to concerns about data protection, large and medium-sized customers alike prefer Security Operations Centers (SOCs) located in Germany.
  • Although managed security services providers rely on AI and automation to combat cyberattacks, human expertise remains indispensable, ISG says.
  • Devious cybercriminals aren’t the only thing keeping German enterprises on their toes, ISG says.

Wisr AI Announces Addition of Thomas Bain to Advisory Board

Retrieved on: 
Wednesday, August 2, 2023

Mr. Bain has over 15 years of experience driving the marketing and go-to-market efforts for leading high-growth cybersecurity companies, including Cyware and RiskRecon (acquired by Mastercard).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 2, 2023) - Wisr AI Solutions Inc. ("Wisr AI" or the "Company"), a leading AI-driven cybersecurity platform provider, is pleased to announce the addition of Thomas Bain to the Company's Advisory Board.
  • Mr. Bain currently serves as the Executive Vice President of Marketing for Finite State .
  • Prior to that, Mr. Bain served as the Senior Vice President of Marketing at RiskRecon , before the company was acquired by Mastercard.
  • "We are excited to welcome Mr. Bain, a seasoned cybersecurity veteran, to Wisr AI's Advisory Board," said Rob Goehring, CEO and founder of Wisr AI.