Media Coverage

Research from Trend Micro shows tension between CISOs and senior enterprise leadership. Many security leaders say they’re perceived as nags.

Cybersecurity firm Trend Micro has launched their new generative AI tool, Trend Companion, designed for SOC analysts and CISO. Trend Companion is designed to reduce analyst time spent on manual risk assessments and threat investigations by driving streamlined workflows and enhanced productivity. Antoine Saikaley, Technical Director [Canada] at Trend Micro sat down with eChannel to provide more details about exactly how Trend Companion works.

Trend Micro previously reported that, in the first half of 2023, it blocked more than 85.6 billion cybersecurity threats globally, consisting of email threats, malicious files and malicious URLs. That marked a 27 per cent year-over-year increase, according to the report.

Trend Micro announced its latest evolution in generative AI: the integration of its leading global threat intelligence and millions of diverse sensor types to enhance outcomes for its flagship Trend Vision One cybersecurity platform. In 2022, Trend handled over six trillion threat queries from customers across 65+ countries. Using AI trained on this data, Trend blocked more than 146 billion threats, three billion of which were ransomware.

Trend Micro released its ransomware report for 1H which found that Canada is the top 3rd country affected by successful RaaS and extortion attacks in the first and second quarters of 2023, just behind U.S. and the U.K Greg Young sat down with WhatsYourTech to detail how this affects small businesses while highlighting measures that can be taken to safeguard against these threats.

Cybercriminals upped their activity in the first half of 2023 compared to the previous year, and one thing that’s fuelling the increase in cyber attacks is companies’ adoption of AI, according to a previous Trend Micro report.

Cybersecurity vendor Trend Micro Inc. has announced a complete redesign of its worldwide partner program, which it said will accelerate business growth for partners and “allow them to further deliver exceptional value to end customers.” The program is built around the Trend Vision One platform, which the company said in a release “creates opportunities for partners to deliver services and assessments for both enterprise and SMB-focused partners.

Greg Young highlights a 35% increase in targeted attacks and advises users to exercise caution against phishing attempts by avoiding suspicious links and verifying URLs in an interview discussing a recent incident where a Toronto student lost $3,000 to scammers who exploited a phishing attempt by sending a fake CIBC notice.

Canada was the third most affected country in the world for successful ransomware-as-a-service (RaaS) and extortion attacks in the first and second quarters of 2023, said a report from cybersecurity company Trend Micro. The report, LockBit, BlackCat, and Clop Prevail as Top RaaS Groups: Ransomware in 1H 2023, found Canada only behind the U.S. and U.K. for RaaS and extortion attacks.

Here are numbers released this week by Trend Micro for you to think about: The number of victim organizations claimed by ransomware groups in the first half of this year was 1,999. That’s 45 per cent more than the same period in 2022. Corporate and IT leaders should consider this: In the first half of this year businesses with 200 or fewer employees made up the biggest number of victims of the top three ransomware groups.