IBM completes the acquisition of Israel-based enterprise security firm Trusteer, a company Big Blue hopes will "extend [its] data security capabilities further into the cloud, mobile and endpoint security space."
Together with the purchase IBM also forms a cybersecurity software lab in Israel, where Truteer employees and IBM researchers will work together on mobile and application security, threat protection, malware, counter-fraud and financial crimes.
Formed in 2006, Trusteer counts a number of large US and UK banks as customers. It offers counter-fraud and advanced persistent threat (APT) protection as a Software-as-a-Service (SaaS) solution, together with account takeover prevention via compromised device detection, fingerprinting and a global fraudster database. Read more...