Media Coverage

There’s a new reason why Java application developers using the Spring Framework have to patch it as soon as possible. According to researchers at Trend Micro, unpatched versions of the framework are being exploited to force servers to join the Mirai botnet. That botnet is used to spread denial of service attacks. The two vulnerabilities, dubbed SpringShell or Spring4Shell by some, allow an attacker to get remote access to a Spring local or cloud server. Developers are urged to install upgrades to Spring Framework and Spring Boot. They should also look for signs that their Spring environment has been compromised.

Canadian Security recently spoke with Greg Young, Trend Micro’s VP of cybersecurity, following the company’s release of its annual security roundup report. Trend Micro found that public sectors like education, healthcare and finance remain the most vulnerable to email phishing tactics. Young discussed how email threats are changing and why these sectors are easy prey for scammers.

Researchers at Trend Micro now say that hackers have developed a weaponized exploit that successfully installs Mirai. A blog post they published didn’t identify the type of device or the CPU used in the infected devices. The post did, however, say a malware file server they found stored multiple variants of the malware for different CPU architectures.

Even as instances of cyberattacks grow in North America and worldwide, business leaders in charge of cybersecurity appear to be putting other priorities first, according to a recent study from cybersecurity firm Trend Micro. Antoine Saikaley, Canadian technical director for Trend Micro, said the findings highlight the need to “reframe the discussion around cybersecurity and reposition it as a fundamental driver of business growth, which connects members of the C-suite and their IT decision-makers.”

Cloud-based cryptomining has evolved into a vibrant form of cyber crime, and a variety of attack groups are fighting each other for access to cloud accounts. Cryptomining groups hack victims' cloud computing accounts, using their computing power to mine cryptocurrency, explained Trend Micro in its latest report.

According to new research from Trend Micro, threats to digital infrastructure are ramping up as threat actors increase their rate of attack. Ransomware attackers are honing their targets to businesses and industries more likely to pay, and they are getting better at exploiting human error, states the company.

In some places around the world this is Fraud Prevention Month. According to the Canadian Anti-Fraud Centre, $379 million were lost to scams and fraud in 2021, which was an increase of 130 per cent compared to 2020. Security researchers at Trend Micro remind consumers that while companies do their best to stop being defrauded, consumers have a role, too. That means not falling for emails with offers that appear too good to be true.

March is Fraud Prevention Month and a multinational cyber security software company is offering tips for people to stay. Brandon Rowe speaks with Greg Young, the vice-president of cybersecurity at Trend Micro to find out what people need to know to avoid being scammed.

CanadianSME had a chance to chat with Myla Pilao, from Trend Micro Research to discuss their Cybersecurity predictions for 2022 which predicts that organizations will be better prepared to handle cyber risks as they build out and implement proactive security strategies. Myla discussed the key steps for businesses to undertake to ensure they remain safe in 2022 and beyond.

On March 9-11, 2022, attend the 2nd Annual Vancouver International Privacy & Security Summit. The hybrid summit will be delivered both in-person and on a customized virtual platform and will attract over 1,000 security and privacy professionals from around the world to discuss important issues on how we securely live, work, and play as the move to digital platforms accelerates. Speakers include Myla Pilao, director of threat research, Trend Micro.

Phishing scams have been on the rise during the COVID-19 pandemic and now scammers are changing their tactics to get people to click on links that they shouldn’t. Greg Young, the vice-president of cybersecurity at Trend Micro, says Phishing has unfortunately gotten worse.

Organizations around the world continue to see a strong return on investment from putting resources into privacy. Trend Micro urged organizations to beef up their data privacy by patching systems and networks, educating employees about data threats and how to handle an attack, regularly performing security audits and creating an effective disaster recovery plan.

Organizations around the world continue to see a strong return on investment from putting resources into privacy. Trend Micro urged organizations to beef up their data privacy by patching systems and networks, educating employees about data threats and how to handle an attack, regularly performing security audits and creating an effective disaster recovery plan.

Canada’s Top Employers for Young People 2022, selected by Mediacorp Canada Inc., are ready to welcome Gen Z with the programs and support this group needs to succeed – from co-op placements and internships to mentoring and leadership development. Trend Micro Canada Technologies Inc., Kanata, Ont. was listed as one of Canada’s Top 100 Employers for Young People 2022 (position 95).

According to Trend Micro's annual predictions report, ransomware attacks will be more targeted in 2022 and will aim for more complex targets to extract data and profit from it. Researchers also believe that ransomware operators will also use more modern and sophisticated extortion methods.

Ransomware attacks will become more targeted in 2022, according to researchers at Trend Micro, focusing on servers and cloud providers. Trend Micro annual predictions report highlighted ransomware operators will use increasingly complex extortion methods, such as exfiltrating data in order to weaponize it.

With the digital world quickly evolving around society, cybersecurity risks are more present than ever before. Greater still are the risks that Information Technology decision makers take when they are uncertain or uncomfortable enough to raise these concerns with executive level board members. According to Antoine Saikaley, Canadian technical director for Trend Micro it is essential that all business leaders are keeping cybersecurity risks top of mind.

Myla Pilao, senior director for research at Trend Micro Research, discusses what she sees as cybersecurity threats to look out for in the new year. Pilao says the digital transformation has accelerated this past year and as such, needs a security transformation to follow in order to keep up with changing threats. She notes that small and medium businesses need to understand that they too are vulnerable to threats and need to prioritize security.

Every year there are wide variety of scams criminal minds attempt, Greg Young, vice president of cybersecurity at Trend Micro, told Global News, that this year, one appears to be fake shipping notification scams.

As many people try to finish their online shopping in time for the holidays, experts and consumers are warning that scammers are looking for new ways to steal their money. Greg Young, the vice-president of cybersecurity at Trend Micro, says the Microsoft scam that made Cindy Fetterly lose nearly $2,000 has been circulating for many years and point out that Microsoft or any internet service provider will never remotely try to take control of computers or ask for passwords.

Today, Trend Micro released its cybersecurity predictions for 2022 which predicts that organizations will be better prepared to handle cyber risks as they build out and implement proactive security strategies.

There was a 150-per-cent year-over-year ransomware surge in 2020. This is a huge concern, especially because 80 per cent of organizations globally now have a hybrid cloud strategy and 92 per cent have a multi-cloud strategy, according to a report from Trend Micro.

Recently in Canada ransomware attacks have plagued companies and organizations, with digital extortionists encrypting data, compromising communication, data security, and overall productivity. In today’s increasingly virtual world, these attacks are growing in both volume and ease, with inimical consequences that can impact almost any company or essential service, as seen recently in the attack on the Toronto Transit Commission. “Any technology that has an operating system is vulnerable”, said Greg Young, Vice President of Cybersecurity and Corporate Development at Trend Micro.

Trend Micro has served its Canadian customers who require data to be resident in Canada through its Deep Security, which is available on-prem as well as in the cloud, but Trend is now pursuing a cloud-first global strategy, and the Canadian data centre is part of that.

Government representatives of 30 nations including Canada have agreed to recognize ransomware as an escalating global security threat with serious economic and security consequences and have committed themselves to “urgent action.” On this matter, Canadian-based vice-president of cybersecurity at Trend Micro Greg Young, commented that the private sector is doing all it can to shield against ransomware, but governments need to move to stop the attack groups who create and use it.