That's the way I read it, although more detail from Trend Micro would've been nice. This vulnerability seems to relate to the browser plugin:
"The Browser Exploit Prevention feature in the Endpoint Security in Trend Micro™ Smart Protection Suite detects the exploit once the user accesses the URL that hosted it. Our Browser Exploit Prevention detects user systems against exploits targeting browsers or related plugins."
"The Browser Exploit Prevention feature in the Endpoint Security in Trend Micro™ Smart Protection Suite detects the exploit once the user accesses the URL that hosted it. Our Browser Exploit Prevention detects user systems against exploits targeting browsers or related plugins."