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IBM Sells Weather Business to Private Equity Firm Francisco Partners

Aug 23 2023 // International Business Machines (IBM) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday.The sale includes The Weather...

Average Cost of a Data Breach Has Reached an All-Time High: IBM Report

Aug 8 2023 // According to IBM’s Cost of a Data Breach report, 2023 set an all-time high record with the global average data breach cost reaching $4.45 million, a 2.3% increase from 2022 and a 15.3% from 2020.The 2023 research,...

IBM Uncovers More Cyber Attacks on COVID-19 Vaccine Supply Chain

Apr 15 2021 // International Business Machines Corp. said on Wednesday its cyber-security unit has uncovered more digital attacks targeting the global COVID-19 vaccine supply chain since the issue was originally flagged late last...

IBM Warns COVID Vaccine ‘Cold Chain’ Process Has Been Targeted by Hackers

Dec 4 2020 // IBM is sounding the alarm over hackers targeting companies critical to the distribution of COVID-19 vaccines, a sign that digital spies are turning their attention to the complex logistical work involved in inoculating the...

How to Reduce the Expense of cyber business interruption

Jul 6 2020 // According to the IBM “Cost of a Data Breach Report, 2019”, business interruption (BI) represents 36% of the cost of a cyber breach, averaging a whopping $1.42 million per breach. The report states that, for the...

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