IBM has acquired Polar Security, an innovator in technology that helps companies discover, monitor and secure cloud and software-as-a-service (SaaS) application data.
This marks IBM’s 5th acquisition in 2023.
IBM has acquired more than 30 companies, bolstering its hybrid cloud and artificial intelligence (AI) capabilities, since Arvind Krishna became CEO in April 2020.
Financial details were not disclosed.
Founded in January 2021, Polar Security is a pioneer of data security posture management (DSPM) – an emerging cybersecurity segment that reveals where sensitive data is stored, who has access to it, how it’s used, and identifies vulnerabilities with the underlying security posture, including with policies, configurations, or data usage.
Polar Security can find data across the cloud, including structured and unstructured assets within cloud service providers, SaaS properties, and data lakes. Polar Security classifies the data, maps the potential and actual flow of that data, and identifies vulnerabilities, such as misconfigurations, over-entitlements, and behavior that violates policy or regulations.
Polar Security provides remediation reports that pinpoint the most pressing security risks and compliance violations and provides an analysis of the underlying causes and practical recommendations to address them. Financial terms were not disclosed.
IBM plans to integrate Polar Security’s DPSM technology within its Guardium family of data security products.
