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    1.0.32

    Cisco and IBM Join Forces to Tackle Cybercrime

    The Kenyan
    By The Kenyan Wall Street
    - June 05, 2017
    - June 05, 2017
    Global News
    Cisco and IBM Join Forces to Tackle Cybercrime

    Cisco and IBM Security have announced they are working together to address the growing global threat of cybercrime. In a new collaboration, Cisco and IBM Security will work closely together across products, services and threat intelligence for the benefit of customers.

    Cisco security solutions will integrate with IBM’s QRadar to protect organizations across networks, endpoints and cloud. Customers will also benefit from the scale of IBM Global Services support of Cisco products in their Managed Security Service Provider (MSSP) offerings. The collaboration also establishes a new relationship between the IBM X-Force and Cisco Talos security research teams, who will begin collaborating on threat intelligence research and coordinating on major cybersecurity incidents.

    One of the core issues impacting security teams is the proliferation of security tools that do not communicate or integrate. A recent Cisco survey of 3,000 chief security officers found that 65 percent of their organizations use between six and 50 different security products. Managing such complexity is challenging over-stretched security teams and can lead to potential gaps in security. The Cisco and IBM Security relationship is focused on helping organizations reduce the time required to detect and mitigate threats, offering organizations integrated tools to help them automate a threat response with greater speed and accuracy.

    Integrating Threat Defenses Across Networks and Cloud
    The cost of data breaches to enterprises continues to rise. In 2016, the Ponemon Institute found for companies surveyed the cost was at its highest ever at $4 million – up 29 percent over the past three years. A slow response can also impact the cost of a breach – incidents that took longer than 30 days to contain cost $1 million more than those contained within 30 days. These rising costs make visibility into threats, and blocking them quickly, central to an integrated threat defense approach.

    The combination of Cisco’s best-of-breed security offerings and its architectural approach, integrated with IBM’s Cognitive Security Operations Platform, will help customers secure their organizations more effectively from the network to the endpoint to the cloud. As part of the collaboration, Cisco will build new applications for IBM’s QRadar security analytics platform. The first two new applications will be designed to help security teams understand and respond to advanced threats and will be available on the IBM Security App Exchange.

    In addition, IBM’s Resilient Incident Response Platform (IRP) will integrate with Cisco’s Threat Grid to provide security teams with insights needed to respond to incidents faster.

    Threat Intelligence and Managed Services

    IBM X-Force and Cisco Talos research teams will collaborate on security research aimed at addressing the most challenging cybersecurity problems facing mutual customers by connecting their leading experts. For joint customers, IBM will deliver an integration between X-Force Exchange and Cisco’s Threat Grid. This integration greatly expands the historical and real-time threat intelligence that security analysts can correlate for deeper insights.

    The Kenyan Wall Street

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