Trend Innovations Holding Inc (OTCMKTS:TREN) Stock Continues to Move Higher
Trend Innovations Holding Inc (OTCMKTS:TREN) on April 19, 2023, said that the company has a significant opportunity to harness artificial intelligence through its newly acquired asset, the sophisticated AI engine, Avant! AI.
Trading Data
On Wednesday, TREN stock increased 0.74% to $1.3700 with more than 330 shares, compared to volume of 3.51K shares. The stock moved within a range of $1.3700 – 1.3700 after opening trade at $1.3700.
Trend Innovation’s Machine and Deep Learning AI Engine Offers Superior Cybersecurity Solution in Burgeoning Sector
The firm, which specializes in the acquisition and development of innovative software technologies, believes that the new tool can shape AI’s role in the future of cybersecurity. Cyberattacks are becoming extremely common in all spheres and hence the growth of “AI-related” security solutions will be relevant. A report by Acumen Research and Consulting stated that the market for “AI-based security products,” will be $133 billion by 2030, from just $14.9 billion two short years ago.
Cyberthreats are leading to organizations scouting for solutions to protect systems and data resources. Trend Innovations Avant AI (Avant) is one such cutting-edge solution in the sector. Avant can identify cyberattack through the activation of counter technologies against the attack.
Brian Finch, co-leader of the cybersecurity, data protection, and privacy practice at Pillsbury Law said that behavioral analysis tools are increasingly using AI. Finch added that tools to analyze data for determining hacker behaviors can enable the identification of patterns of attacks. These include timing, method, and how the hackers move inside systems. As per Finch, collating such intelligence can be highly precious for defenders.