IBM Security to expand incident response capabilities
By Canadian Security
IBM Security has announced a significant expansion of its security operations and incident response capabilities with its plans to acquire Resilient Systems, Inc. The incident response platform, pioneered by Resilient Systems, automates and orchestrates the many processes needed when dealing with cyber incidents – from breaches to lost devices. This enables clients to respond and mitigate cyber incidents more quickly while helping minimize their exposure.
By Canadian Security
In tandem with the Feb. 29 announcement, the company also launched IBM X-Force Incident Response Services, further expanding IBM’s capabilities by helping clients plan for, manage and respond to cyber attacks, tapping the knowledge of 3,000 consultants and security researchers globally. Resilient Systems’ award-winning platform will be a foundational component for these new services, along with IBM’s QRadar Security Intelligence Platform and planned integration with Resilient Systems’ technology across the full IBM Security portfolio. The new services include a remote incident response capability to help clients map how a breach occurred and take action to shut it down.
Preparing for and responding to cyber attacks has proven to be a major challenge for organizations. According to a recent Ponemon Institute study, 70 per cent of U.S. security executives do not have a cyber security incident response plan in place. This has proven to be costly for business, with the average cost of a data breach rising to $3.8 million in 2015 – a 23 per cent rise since 2013 according to a separate Ponemon study .
“By adding Resilient Systems’ technology and expertise, IBM will have an industry-leading range of capabilities to help clients respond to cyber breaches, across consulting, services, and products,” said Marc van Zadelhoff, general manager, IBM Security. “With our intent to acquire Resilient Systems, and our other announcements today, we are doubling down on the incident response market. Cyber security needs to function like an immune system, both in preventing breaches, but also in quickly eradicating those that do occur.”
The Resilient Systems Incident Response Platform is used across a range of industries, including financial services, healthcare, retail, U.S. federal, manufacturing, and education. The IBM/Resilient Systems transaction is expected to close later this year, subject to any required regulatory reviews.
Upon acquisition of Resilient Systems, IBM Security will have the industry’s first integrated end-to-end 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.
“We are excited to be joining IBM Security, the industry’s fastest-growing enterprise security company,” said John Bruce, Resilient Systems Co-Founder and CEO. “By combining, the market now has access to the leading prevention, detection and response technologies available in the same portfolio – the security trifecta.”