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IBM Security: Cost of Data Breach Rises to Nearly $4 Million, Up 12% Since 2014

The average cost worldwide of a data breach has risen 12 percent over the past 5 years to $3.92 million, IBM Security discovered in a new study.

MSSP CynergisTek Hires IBM Security Veteran Caleb Barlow As CEO

Healthcare-focused managed security services provider (MSSP) CynergisTek hires IBM Security veteran Caleb Barlow to succeed Mac McMillan as CEO.

IBM Security Chooses Onapsis ERP for SAP, Oracle Penetration Testing

IBM Security X-Force Red deploys Onapsis ERP cybersecurity technology to offer SAP & Oracle application vulnerability & penetration tests.

IBM Security Veterans Launch Sonrai, Raise $18.5 Million for Cloud Security

Sonrai Security, a cybersecurity company founded by two IBM Security veterans, raises $18.5 million in funding & launches a Cloud Data Control service.

IBM Security Unveils IoT Labs, ATM Testing Service

IBM Security adds Internet of Things labs for IoT device & system assessments & the X-Force Red security testing service for automated teller machines (ATMs). Details from Black Hat USA 2018 conference.

IBM Security Revenues Hit $1 Billion Per Quarter

IBM Security revenues surged 81% to $1 billion in Q2 2018. That likely indicates strong demand for IBM X-Force command centers & associated managed security services.

IBM Security Audits Los Angeles County Election System

Los Angeles County hires IBM Security Services to audit and investigate recent voting system issues.

IBM Security Partners with Thycotic, Adds Privileged Access Solution

IBM Security partners with privileged access management solutions firm Thycotic & offers Secret Server for MSSPs, customers.

IBM Security Study: 67% of Adults Comfortable with Biometrics

Biometrics for identity & access management (IAM) are becoming important for global organizations, a study of adults conducted by IBM Security indicates.

IBM Security Opens Another X-Force Cybersecurity Command Center

IBM opens European X-Force Command Center in Poland to help orgs address EU General Data Protection Regulation (GDPR) & cybersecurity incident response.