Acquisition addresses often overlooked cloud security fundamentals

HONG KONG, CHINA - Media OutReach - 22October 2019 - Trend Micro Incorporated (TYO: 4704; TSE: 4704),a global leader in cybersecurity solutions, today announced it has acquiredCloud Conformity, an innovative Cloud Security Posture Management (CSPM)company. The acquisition instantly broadens the cloud services Trend Microcan secure and resolves often overlooked security issues caused by cloud infrastructuremisconfiguration.

Trend Micro'sstrategy is built to ensure cloud security without disrupting how customersneed to do business. This acquisition builds upon Trend Micro's continuousinnovation in cloud security, adding complementary capabilities thatautomatically identify and fix a range of cloud infrastructure configurationissues. It also optimizes costs and helps ensure compliance with leadingindustry regulatory standards such as PCI, GDPR, HIPAA and NIST.

"We have been laser focused on building integrated security for thecloud since its birth over a decade ago, unlike other vendors who are nowattempting to stitch together disparate cloud technologies," said Eva Chen,chief executive officer for Trend Micro. "As more enterprises move to thecloud, our customers feel they're operating amid a wild-west approach to cloud implementations thatleave them with unmanaged risk. As an AWS technology partner of the year for2019, Cloud Conformity understands these implementations and the risks. Theiroffering perfectly complements our own portfolio and provides immediate valueto customers. Both the people and technology are a great fit for Trend Micro."

In purposefulacquisitions, people matter as much as the technology, and Trend Micro willnurture and grow both as part of its market-leading cloud security strategy.The addition of all of Cloud Conformity's employees brings valuable expertiseand experience, along with the technology, to help businesses build in thecloud more effectively, not just build securely.

According toGartner, "Through 2023, at least 99% of cloud security failures will be thecustomer's fault."[1] Gartneralso states, "Through 2024, organizations implementing a CSPM offering andextending this into development will reduce cloud-related security incidentsdue to misconfiguration by 80%."¹ Trend Micro's comprehensive set ofcloud security services provide assurance for businesses that their risk iseffectively managed while simultaneously meeting compliance standards.

"Our rapid expansion with AWS,complemented by our dedication to security and compliance, is made actionableand scalable through the Cloud Conformity tool," Russell Jones, principalarchitect for Virgin Australia. "Their product provides us with greatervisibility, the ability to improve performance and optimize costs, assuringcontinuous resilience as we grow."

"Our research is clear that organizations of all sizes are adoptingcloud-based delivery and, in doing so, are often using not only computeservices, but also storage, messaging, and many other services", said FernandoMontenegro, principal analyst with 451 Research. "With this acquisition, TrendMicro is able to extend its security offerings to organizations looking forassistance with cloud security beyond securing compute workloads."

"We areexcited for the opportunities that will come from being part of the leadingcloud security provider -- amplifying what we do best, while allowing ourofferings to expand in ways we couldn't have done on our own," said MichaelWatts, chief executive officer of Cloud Conformity. "We think customers will lovethis simplified approach to security and compliance across their entire cloudenvironment, including AWS, Azure and Google Cloud -- providing securityguardrails to let them go faster and do more."

TrendMicro is making the Cloud Conformity solution immediately available. For moreinformation, please visit: https://trendmicro.com/cloudconformity.

About Trend Micro

Trend Micro Incorporated, a globalleader in cybersecurity solutions, helps to make the world safe for exchangingdigital information. Our innovative solutions for consumers, businesses, andgovernments provide layered security for data centers, cloud environments,networks, and endpoints. All our products work together to seamlessly sharethreat intelligence and provide a connected threat defense with centralizedvisibility and control, enabling better, faster protection. With more than6,000 employees in over 50 countries and the world's most advanced globalthreat intelligence, Trend Micro enables organizations to secure their journeyto the cloud. Formore information, visit www.trendmicro.com.hk.