Trend Micro bug proves costly

Friday, 15 July 2005, 2:16 AM EST

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 ]




Spotlight

Black hole routing: Not a silver bullet for DDoS protection

As ISPs, hosting providers and online enterprises around the world continue suffering the effects of DDoS attacks, often the discussions that follow are, “What is the best way to defend our networks and our customers against an attack?”


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Mon, Mar 2nd
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //