IBM acquires Resilient Systems to grow security biz

IBM booth
Enterprise IT vendor IBM is set to acquire Resilient Systems, a provider of security incident response solutions, and launched its latest security technology for enterprises.

IBM is already the Security Intelligence market leader, enabling businesses to detect and prevent breaches. IBM clocked $2 billion revenue in security business. IBM hired 1,000 new experts into its security business in 2015.

Cambridge, Mass.-based Resilient Systems has approximately 100 employees. Several Fortune 500 as well as mid-sized organizations in industries, including financial services, healthcare, retail, U.S. federal, manufacturing, and education use the Resilient Systems Incident Response Platform.

Its clients uses incident response platform technology to respond to security breaches faster with greater precision and coordination, allowing orchestration of response process across functions such as security, HR, finance, government relations, etc. and across security systems including monitoring data, applications, end points, networks, etc.

The strategy of IBM is to have the industry’s first integrated Security Operation and Incident Response Platform offering. The platform will bring together security analytics, forensics and vulnerability management along with incident response into a coordinated approach for enterprise threat protection, detection and response.

The combinations of Resilient Systems’ Incident Response Platform with IBM QRadar Security Intelligence Incident Forensics, BigFix, IBM X-Force Exchange and IBM Incident Response Services can enable an orchestrated process for addressing security incidents.

IBM also launched new X-Force Incident Response Services, which include consulting and managed security services to help clients manage all aspects of responding to a cyber breach. IBM X-Force security experts will help clients develop response strategies, including Computer Incident Response Team playbooks.

According to a recent Ponemon Institute study, 70 percent of U.S. security executives do not have a cyber security incident response plan in place. The average cost of a data breach is increasing 23 percent since 2013 to $3.8 million in 2015.

Marc van Zadelhoff, general manager, IBM Security, said: “IBM is the world’s fastest-growing enterprise security company, and we lead the industry in the detection and prevention of cyber attacks.

Baburajan K
[email protected]

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