Global cybersecurity firm, Trend Micro, has announced a new subsidiary CTOne to focus on advancing 5G network security. It is an incubation project of Trend Micro to launch as a standalone business.
Eva Chen, CEO of Trend Micro, said, “The 5G network technology has enabled new capabilities and applications requiring new cybersecurity infrastructure”.
“With our foresight and over six years of dedicated research into network technology, we are confident that CTOne will safeguard organizations in all 5G network environments,” said Eva Chen
The digital transformation journey allows enterprises to stay relevant, agile, efficient, and productive. Adequate security is a prerequisite to securing essential data. Businesses must integrate resources to battle evolving cyber threats in the private 5G networks.
CTOne offers enterprises security to strengthen the digital resilience of vertical application fields and security for landing applications in private 5G network environments.
Jason Huang, CEO of CTOne: “Safety today doesn’t guarantee Safety tomorrow. While the communications technology market is booming, business operations are facing exposure to more complex risks”.
According to a Grand View Research report*, the global private 5G network market size was valued at USD 1.38 billion in 2021 and is expected to expand at a compound annual growth rate of 49% in the next year.
Private 5G networks are usually believed to be the most secure wireless communications standard. However, with the widely used Open Radio Access (O-RAN) structure, the proliferation of cloud networks, open-source software, and the variety of IoT devices, the 5G environment faces more cyber threats than ever.
“CTOne enables enterprises to secure private 5G networks against potential cyberattacks and build a high-quality industrial application ecosystem. In the future, we will collaborate with partners to maximize the advantages of private 5G with comprehensive security solutions.” added Jason Huang.