Menu
CEOs may look twice at IBM's new security suite, services as Target's head rolls

CEOs may look twice at IBM's new security suite, services as Target's head rolls

New security products and services from Big Blue are aimed at preventing nightmare data theft scenarios

IBM picked a good day to launch a suite of security tools and services: a Monday morning when many CEOs saw in their news roundup that retailer Target is newly rid of a CEO who presided over a catastrophic data breach.

The new IBM Threat Protection System product suite and the Critical Data Protection Program set of IT services are aimed at enterprises that want to protect themselves against data theft.

The business consequences of poor enterprise security are growing ever larger, as cybercriminals get more ambitious: last year's intrusion into point-of-sale systems at Target led to the theft of 40 million credit cards and personal data on 70 million people. While the company's CIO was replaced earlier, the chairman and CEO Gregg Steinhafel is now stepping down as well, the retailer announced.

IBM's new and improved security products go beyond perimeter firewalls and signature-based defenses, and use behavioral analytics and other advanced methods to defend against zero-day attacks, breaches and general and targeted attacks, the company said Monday.

The IBM Threat Protection System includes a new Trusteer Apex tool designed for zapping malware in endpoints and improvements to the IBM Network Protection security appliance for quarantining against attacks. The QRadar Security Intelligence platform has improved ability to detect attacks and block them. It also includes a new product called IBM Security QRadar Incident Forensics. This suite can be monitored by IBM from its security operations centers on behalf of customers who purchase it.

Meanwhile, the IBM Critical Data Protection Program's set of consulting and IT services are designed to safeguard an enterprises' most valuable data, such as merger and divestiture plans, confidential board communications and intellectual property. This suite of services can help companies define, find and secure this data.

IBM formed a dedicated cybersecurity business in late 2011 and the products and services announced Monday are the result of in-house development as well as acquisitions of companies like Q1 Labs, Trusteer, Guardium, Ounce Labs and Watchfire in the past two years, according to the company.

IBM said that the average cost of an enterprise data breach is US$3.5 million and that in the case of deliberate, targeted attacks, the average cost to the company is $9.4 million for damages to their brands specifically.

IBM didn't immediately respond to a request for comment about pricing and availability of these products and services.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags IBMsecuritycloud computinginternet

Featured

Slideshows

Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Tech industry comes together as Lexel celebrates turning 30

Tech industry comes together as Lexel celebrates turning 30

Leading figures within the technology industry across New Zealand came together to celebrate 30 years of success for Lexel Systems, at a milestone birthday occasion at St Matthews in the City.​

Tech industry comes together as Lexel celebrates turning 30
HP re-imagines education through Auckland event launch

HP re-imagines education through Auckland event launch

HP New Zealand held an inaugural Evolve Education event at Aotea Centre in Auckland, welcoming over 70 principals, teachers and education experts to explore ways of shaping and enhancing learning using technology.

HP re-imagines education through Auckland event launch
Show Comments