IBM Launches New Cyber-Security Software, Services
IBM introduced new cyber-security software and services that help large corporations prevent, fight and eradicate cyber-threats.IBM announced new cyber-security software to help fight cyber-threats in a way similar to the way the human immune system works. On May 5, IBM introduced comprehensive new security software and services to help organizations protect their data in an environment where advanced persistent threats, zero-day attacks, breaches and the financial impact on an organization continue to rise. Through pervasive behavioral analytics and deep research expertise, IBM can help organizations stop attackers from exploiting these vulnerabilities. According to two IBM-commissioned studies from the Ponemon Institute, the average cost of a data breach increased by 15 percent globally, reaching an average of $3.5 million. The majority of companies surveyed say targeted attacks are the greatest threat, costing them on average $9.4 million in brand equity alone. The announcement of the IBM Threat Protection System and Critical Data Protection Program represents two years of investment in organic development and the acquisition of companies, including Q1 Labs, Trusteer, Guardium, Ounce Labs, Watchfire and Fiberlink/MaaS360.
Since forming a dedicated cyber-security business in late 2011, IBM has risen to become one of the largest players in enterprise security and has achieved six straight quarters of double-digit growth in that space, the company said. According to IDC's Software Tracker, IBM moved from the fourth-largest security vendor to the third in 2013.