IBM Security has acquired Agile 3 Solutions, a San Francisco-based company with a security analytics dashboard aimed at helping executives understand cyber-security risks inside an organization.
The acquisition gives IBM another tool in its security arsenal to provide more insight to key decision makers, which ultimately could help them sell more security services.
“Adding Agile 3 Solutions to the IBM Security immune system of capabilities gives our team the ability to not only protect critical data, but demonstrate why it is at risk, and how to remediate that risk. Knowing what your crown jewel data is, and understanding its susceptibility to exploitation via external or insider threats, is an imperative for any organization,” IBM Security general manager Marc van Zadelhoff said in a statement.
Agile 3 had been working as an IBM business partner prior to the acquisition. IBM also announced it was purchasing Agile 3 sub-contractor, Ravy Technologies as part of the deal. No terms were immediately available for either purchase.
One of the issues we have seen with increasing number of high profile hacks over the last several years, is that companies don’t always appear to be taking cyber-security all that seriously. They pay the fines, deal with the bad publicity, and they move on.
That’s because these companies aren’t in the security business. Security is a secondary problem to actually running their companies. When executives look at how to distribute resources across the organization, it’s hard to justify allocating big chunks of cash to cyber-security when it doesn’t have a direct impact on the bottom line. But it clearly has an indirect one.
Read the source article at TechCrunch.