June 19, 2021

IBM Buys Itself Some Network Security Intelligence

(LiveHacking.Com) – IBM is to buy Q1 Labs, a network security intelligence software developer creating a new division – the  IBM Security Systems division which will be led by the current CEO of Q1 Labs, Brendan Hannigan. The new division will also include IBM’s Tivoli, Rational and Information Management security software, appliances, lab offerings and services.

Q1 Labs’ flagship product is the QRadar Security Intelligence Platform which combines various network security functions, like SIEM, risk management, log management, network behavior analytics and security event management, into a single security solution.

According to IBM the new IBM Security Systems division will help its clients identify threats, detect insider fraud, predict business risk and address regulatory mandates. Three quarters of firms feel cyberattacks are hard to detect and their effectiveness would increase with end-to-end solutions, according to a recent industry report.

“Since perimeter defense alone is no longer capable of thwarting all threats, IBM is in a unique position to shift security thinking to an integrated, predictive approach,” said Brendan Hannigan, CEO of Q1 Labs. “Q1 Labs’ security analytics will add greater intelligence to IBM’s security portfolio and continue to distinguish IBM from competitors.”

IBM also plan to use Q1 Labs’ technology to create a common security platform for IBM’s software, hardware, services and research offerings.

“Realigning IBM’s security expertise in a new division with a greater focus on analytics is a bold step IBM is taking to help clients stay ahead of growing security threats,” said Robert LeBlanc, senior vice president, IBM Middleware Software. “By consolidating our global expertise, IBM clients will have access to the most comprehensive, insightful view of security across their people, data and infrastructure.”