Trend Micro bug proves costly
Tokyo-based antivirus software vendor Trend Micro said that a bug in its own software that affected thousands of customers has cost the company $8 million. The issue has also forced it to lower its revenue and profit forecasts for the April to June quarter, the company says.
A buggy software update the company issued in April will hurt Trend Micro's operating profit and net income worst, it said in a statement.
By Paul Kallender at PC World.
[ Read more ]
Reading our newsletter every Monday will keep you up-to-date with security news.
Receive a daily digest of the latest security news.