Trend Micro's 2023 Cybersecurity Report - Fortifying Algeria's Digital Defenses by Blocking 21 Million Threats

The company's latest report reveals a notable 10% increase in blocking more than 161 billion threats globally.

June, 2024-Algeria- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity, today announced the findings of its 2023 annual cybersecurity report, which revealed that it has blocked more than 161 billion threats, marking a significant 10% annual rise comparing to the previous year’s global figures and issued a warning, highlighting that attackers are employing increasingly sophisticated techniques to target a smaller number of victims, potentially leading to higher financial gains.

Trend Micro’s annual cybersecurity report for 2023 titled “Calibrating Expansion,” serves as a compelling reminder that enterprises must maintain a proactive approach in managing risks across the entire attack surface in today’s dynamic cybersecurity landscape. Additionally, the report revealed a 349% year-over-year surge in email malware detection worldwide. In contrast, detections of malicious and phishing URLs decreased by 27% year-over-year. Cloud app access posed the greatest risk, with Trend's Attack Surface Risk Management (ASRM) recording nearly 83 billion access attempts.

In Algeria, Trend Micro has effectively blocked and detected over 21 million threats. This figure encompasses the prevention of over 11 million email threats and over 500K malicious URL victim attacks. Additionally, Trend Micro identified and stopped more than 800K malware attacks, showcasing its prowess in safeguarding digital assets across the Middle East and Africa.

“Findings from the Trend Micro Annual Cybersecurity report are a roadmap for enterprises navigating today's digital battlegrounds”, said Assad Arabi, Managing Director, Africa & Venture Markets, Trend Micro. “With the numerous threats blocked in Algeria alone, the report serves as a powerful reminder of the escalating sophistication of cyberattacks and the urgent need for robust security approach. Data breaches are a looming threat, and the surge in blocked threats specifically within Algeria underscores the importance of staying resilient and proactive in the face of evolving cyber threats”.

According to ESG, organizations that implement Trend Vision One experience significant financial benefits. On average, these organizations save $2.43 million due to reduced customer churn. They also achieve a 65% reduction in dwell time, leading to further efficiencies and an additional $1.3 million in cost savings from reduced risk exposure.  Furthermore, integrating Extended Detection and Response (XDR) into existing technologies boosts security measures considerably. This integration leads to a 97% increase in security posture, a 95% reduction in detection and investigation times, and a 92% improvement in Security Operations Center (SOC) team collaboration.

Algeria has made significant strides in enhancing its cybersecurity strength through the implementation of a National Cybersecurity Strategy, positioning itself at the forefront of cybersecurity awareness. Trend Micro is dedicated to advancing cybersecurity excellence in Algeria by offering cutting-edge solutions and proactive measures to fortify digital defenses and protect critical assets, contributing significantly to a resilient cybersecurity ecosystem in the country.