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IBM Acts to Transform Risk Management for Businesses
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November 02, 2007
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IBM (NYSE: IBM) today introduced new security services, products and research breakthroughs designed to help businesses more effectively manage operational and information technology risk.

IBM sees information technology security changing as more collaborative business models, sophisticated criminal attacks, and increasingly complex infrastructures emerge. As a result, today's wide array of security technologies, implemented tactically in silos, are not sufficient to deal with the new reality of risk. IBM's approach is to strategically manage risk end-to end across all five domains of information technology security -- Information Security; Threat and Vulnerability; Application Security; Identity and Access Management and Physical Security.

"For many enterprises, security is broken," said Tom Noonan, general manager IBM Internet Security Systems. "The nature of evolving threats is such that installing point solutions to 'keep the bad guys out' is no longer a viable way to secure a business. We advocate new approaches to reduce complexities, adapt to new business imperatives and enable business value versus just threat protection. The path to a more secure world begins with a risk management strategy that limits the impact of threats, improves business resilience and creates an enterprise free of fear."

Fueled by recent security business acquisitions, the company-wide initiative by IBM arrives as companies around the globe face increased regulatory and private scrutiny. The daily risk of security exposure and the cost to combat it are growing. In North America alone, companies are expected to spend almost $30 billion on governance, risk and compliance this year estimates AMR Research, Inc.(1)

The first wave of IBM security services and products tackle Information security concerns from the enterprise to the edge of companies' networks. IBM's Internet Security Systems (ISS) unit, acquired just over a year ago, is helping lead the way, teaming with IBM Research and integrating with IBM's Software and Systems businesses to deliver the world's most advanced risk management capabilities.

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