According to a new independent study by Omdia, Trend Micro reports that it will identify 60% of the world’s vulnerabilities by 2023. The findings highlight the critical role that Trend Micro’s comprehensive approach to vulnerability management plays in global cybersecurity.
Mick McCluney, Trend Micro’s Field CTO for Australia and New Zealand, commented on the importance of securing software systems as our reliance on digital infrastructure increases. “As business operations, critical infrastructure, and everyday life become increasingly dependent on software, securing these systems has never been more important. The Trend Zero Day Initiative (ZDI) combines our proactive and thorough approach to vulnerability disclosure with our deep expertise to help protect our customers faster than ever before. This leadership reduces risk, translates into significant cost savings for businesses, and reinforces our commitment to strengthening global cybersecurity and supporting business continuity,” he said.
Omdia’s 2023 comparative analysis included 1,211 disclosed vulnerabilities with assigned CVEs across nine global vendors and organizations specializing in vulnerability disclosure. The study found that Trend Micro disclosed more than 2.5 times more vulnerabilities than its nearest competitor, highlighting the company’s long-standing leadership in the field. The world’s largest vendor-agnostic bug bounty program for 16 consecutive years, ZDI has consistently led the vulnerability management market since its inception in 2007.
The effectiveness of ZDI research is evident in the Trend Vision One platform, which integrates capabilities such as extended detection and response (XDR), attack surface management (ASM), and virtual patching. This integration allows Trend Micro to provide faster protection than competitors, often delivering network IPS protection shortly after a vulnerability is discovered and disclosed to the vendor — long before an official patch is released.
In 2023, Omdia revealed that 10% of published threats were classified as critical, 69% were marked as high severity, 21% as medium severity, and less than 1% as low severity. These statistics highlight the effectiveness of Trend Micro’s program to address critical vulnerabilities.
The financial costs of data breaches due to unpatched vulnerabilities are higher than ever before. The average cost of such breaches in 2023 will be $4.45 million, a figure that speaks to the significant financial impact security incidents have on organizations. The costs associated with these breaches include detection and escalation, notification, post-breach response, and business loss.
As cyber threats evolve and become more sophisticated, organizations face increasingly severe economic impacts. Proactive vulnerability management and timely disclosure, which Trend Micro has long advocated, are key strategies for mitigating these risks.