Trend Micro CEO Eva Chen Advocates for Balancing Risk and Resilience at GovWare 2024 Keynote in Singapore

Chen emphasises the need for a fresh perspective in the age of AI and the critical demand for greater visibility into risk across expanding attack surfaces.

Singapore, October 16, 2024 – Global cybersecurity leader Trend Micro Incorporated (TYO: 4704; TSE: 4704) announced that its CEO and Co-Founder, Eva Chen, will be advocating for a much-needed recalibration within the cybersecurity industry at the GovWare Conference and Exhibition 2024 in Singapore. This announcement comes alongside a new company study, highlighting the vulnerabilities of devices, accounts, and cloud assets in Southeast Asia and globally, further stressing the urgent need for network defenders to enhance their visibility into risks across their expanding attack surfaces.

Trend Micro’s latest Cyber Risk Report identified that unauthorised access to high-risk cloud applications was the most prevalent threat in Southeast Asia during the first half of 2024. As organisations increasingly depend on cloud services and aim to capitalise on advancements in technologies like artificial intelligence (AI), the report underscores the growing risks. By leveraging telemetry data from the Trend Vision One™️ platform, the study examined various assets to identify the most vulnerable areas within organisations.

The report also pointed to old and inactive accounts, as well as the transmission of sensitive data beyond network boundaries, as frequent risk events in the region. Southeast Asia ranked second highest globally in terms of average risk, following the Americas, with a score of 43.2. Telecommunications, agriculture, and education were identified as the industries facing the highest average risk in the region.

Eva Chen, the longest-serving executive in the cybersecurity sector, will address the GovWare Conference and Exhibition 2024—Asia’s leading cybersecurity event—where she will discuss how the industry must evolve to balance technological risks with resilience in the AI era. Drawing on insights from thousands of enterprise clients, Chen will argue that transitioning towards a risk-based approach to cybersecurity is essential for aligning security objectives with business goals, enhancing the cybersecurity posture of organisations while also fostering innovation and business continuity.

Eva Chen, CEO at Trend Micro, stated, “We are at a critical juncture where cybersecurity must extend beyond simply defending against threats. As businesses accelerate their adoption of AI and other transformative technologies, they face a dual challenge—protecting themselves from increasingly sophisticated attacks whilst promoting innovation and growth. The future of our industry depends on how well we manage to balance these competing priorities. Organisations must take proactive steps in managing cyber risks, starting by building a comprehensive understanding and visibility of their attack surfaces. This will allow them to innovate with confidence while maintaining their resilience in this fast-evolving digital environment.”

In her keynote speech at the GovWare Conference and Exhibition 2024, Chen will address several key topics:

• The need to develop a combination of proactive and reactive strategies that will help security teams accurately anticipate and predict risk and threat activity across the attack surface.
• The importance of integrating security operations and detection capabilities with business continuity planning, which will become essential moving forward.
• How breaking down data silos, enhancing business intelligence, and empowering individuals within organisations require advanced security strategies to safeguard the AI-driven operations of this new era.

Eva Chen will deliver her keynote speech on Wednesday, 16 October, at 12:30pm during the GovWare Conference and Exhibition 2024. Location: Level 4, Room GW1, Sands Expo and Convention Centre.

For a complete copy of the report Intercepting Impact: 2024 Trend Micro Cyber Risk Report, click on this link.