sb-as logo
Story image

Trend Micro pledges commitment to bridging cybersecurity skills gap

21 Nov 2017

Trend Micro says it wants to foster critical skill development to fill the shortage of cybersecurity professionals around the world, and the need for practical experience is at the heart of the issue.

The company says it recognises the need for security skills. The company recently hosted its third annual Capture The Flag competition, in which 1431 teams from 91 regions solved real-world cybersecurity challenges.

The competition winners, team Egfr33ks, were able to decipher challenges that tested their skills in areas including targeted attacks, the Internet of Things (IoT), Industrial Control Systems and Supervisory Control and Data Acquisition (SCADA).

The team went through to the finals, which were held earlier in November. The team also took out the top spot in the contest and walked away with 1,000,000JPY.

Team members each received 15,000 Zero Day Initiative (ZDI) reward points, which enable vulnerability researchers to earn more rewards when submitting to the ZDI program.

Second Place winners LC/BC received 300,000JPY and third place winners CodiSec received 200,000JPY

The Egfr33ks team also scored automatic qualification into the HITCON CTF 2017 competition final to be held in Taiwan in December.

The HITCON competition will bring together the top 10 international teams and two Taiwan teams from the qualification round. The first place award is $10,000USD.

The company says it has several global initiatives that support cybersecurity education and skills development. These have impacted more than 10,000 schools and 1 million children, parents, and teachers worldwide to teach online safety from a young age and inspire future security professionals to begin this career path.

“We want to help decrease the skills shortage that impacts organizations globally, as well as continuing to make the world safer for the exchange of digital information,” explains Trend Micro’s chief executive officer Eva Chen.

According to a Gartner report, 59% of surveyed companies said there is an ‘urgent’ need for a security analyst and that there is a zero unemployment rate for cybersecurity professionals.

“The challenges posed in this competition represent the future of the cybersecurity landscape. We hope the skills learned here will be used to protect internet users from the greatest areas of emerging threats,” Chen concludes.

Story image
Experiencing ransomware significantly impacts cybersecurity approach
"The survey findings illustrate clearly the impact of these near-impossible demands. Among other things, those hit by ransomware were found to have severely undermined confidence in their own cyber threat awareness."More
Story image
Attack from DOS: In Zero We Trust
In combination with malware, DDoS attacks on banks have been used to cause distraction so the transfer of stolen funds goes unnoticed. More
Story image
Palo Alto Networks launches new SD-WAN solutions and enhancements
Palo Alto Networks has introduced two new SD-WAN appliances and enhancements to its next-generation SD-WAN solution, expanding the company’s CloudGenix SD-WAN solutions reach.More
Story image
CrowdStrike targets Zero Trust blind spot with new offering
CrowdStrike has officially launched CrowdStrike Falcon Zero Trust Assessment (ZTA), designed to aid in overall security posture by delivering continuous real-time assessments across all endpoints in an organisation regardless of the location, network or user. More
Story image
Cisco report: Remote working is here to stay, making cybersecurity a top priority
"With this new way of working here to stay and organisations looking to increase their investment in cybersecurity, there’s a unique opportunity to transform the way we approach security as an industry to better meet the needs of our customers and end-users.”More
Story image
Research: Younger cybersecurity pros more fearful of being replaced by AI
According to the findings, 53% of respondents under 45 years old either agreed or strongly agreed that AI and ML are a threat to their job security, despite 89% of this demographic believing that it would improve their jobs.More