Trend Micro Vice President to Participate at World Bank Group-International Monetary Fund Annual Meetings to Address Challenges

 Trend Micro Vice President to Participate at World Bank Group-International
Monetary Fund Annual Meetings to Address Challenges of an Unregulated Virtual

For the first time, a technology company takes part in this event

PR Newswire

DALLAS, Oct. 8, 2013

DALLAS, Oct. 8, 2013 /PRNewswire/ --Trend Micro (TYO: 4704; TSE: 4704), a
pioneer in security software and solutions, today announced Tom Kellermann,
the company's vice president of cyber security, will serve as a panelist at
the 2013 World Bank Group (WBG) – International Monetary Fund (IMF) Annual
Meetings. The session, "Dealing with the Challenges of an Unregulated Virtual
Economy," seeks to bring global awareness and understanding to the emergence
of an unregulated virtual economy on Oct. 9 at the World Bank Headquarters in
Washington, D.C.

"I am honored to have been selected as a panelist for this very important
discussion on the virtual economy," said Kellermann. "As the 'shadow economy'
continues to expand, policy makers must address its pervasive impact on their
regimes and sustainable development. No nation is immune to the negative
externalities, which stem from cyberspace, and I hope all regimes use
strategic multilateralism to manage this threat."

With the creation of virtual currency – a type of unregulated, digital money –
regulators and law enforcement authorities have expressed concern over
emerging, unregulated online ecosystems. While virtual economies could be an
efficient way for certain kinds of payments to be conducted, such as low-value
payments, there are many pitfalls, including the circumvention of central
banks and monetary authorities to control the supply of money. This factor
alone could lead to financial instability in addition to money laundering and
financing of terrorism, due to the inherent anonymity and fluid cross-border

In response, the International Centre for Missing & Exploited Children,
partner of the Global Forum on Law, Justice and Development, in collaboration
with the World Bank Legal Vice Presidency and the World Bank Financial
Inclusion and Infrastructure Practice (FPD) have organized this panel. This
discussion will help stakeholders, including domestic and global
organizations, better understand positive aspects associated with the new
ecosystems, as well as risks, such as criminal activities.

Massimo Cirasino, head, payment system development group, World Bank, will
serve as moderator for the panel. In addition to Kellermann, the panel will
include Jason Thomas of Thomson Reuters Special Services. The panel will take
place from 11 a.m. – 12:30 p.m., during the Civil Society Forum at World Bank
Headquarters, 1818 H Street, NW, Washington, D.C., in room I2-250.

To learn more about virtual currency and its online implications, please

About Trend Micro

Trend Micro Incorporated a global leader in security software, rated number
one in server security (IDC, 2013), strives to make the world safe for
exchanging digital information. Built on 25 years of experience, our solutions
for consumers, businesses and governments provide layered data security to
protect information on mobile devices, endpoints, gateways, servers and the
cloud. Trend Micro enables the smart protection of information, with
innovative security technology that is simple to deploy and manage, and fits
an evolving ecosystem. All of our solutions are powered by cloud-based global
threat intelligence, the Trend Micro™ Smart Protection Network™
infrastructure, and are supported by over 1,200 threat experts around the
globe. For more information, visit

About The Annual Meetings

The Annual Meetings of the World Bank Group (WBG) and the International
Monetary Fund (IMF) each year bring together central bankers, ministers of
finance and development, private sector executives, and academics to discuss
issues of global concern, including the world economic outlook, poverty
eradication, economic development, and aid effectiveness. Also featured are
seminars, regional briefings, press conferences, and many other events focused
on the global economy, international development, and the world's financial
system. This year's Annual Meetings events will take place in Washington,
D.C., October 11-13, 2013.

SOURCE Trend Micro Incorporated

Contact: Thomas Moore, +1-972-499-6648,
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