Henceforth IBM can peacefully Combat Financial Fraud and Advanced Security Threats.

As cybercriminals are becoming increasingly efficient in creating and deploying attacks to bypass existing security controls, and tools, IBM officially since yesterday has consolidated and
expanded its existing research Lab in security by the definitive acquisition of Trusteer.

Connectikpeople has discovered that, as part of this announcement, IBM is forming a cybersecurity software lab in Israel that will bring together more than 200 Trusteer and IBM researchers and developers to focus on mobile and application security, advanced threat, malware, counter-fraud, and financial crimes.

Connectikpeople may also recall that, with offices located in Boston and Tel Aviv, Israel, Trusteer helps hundreds of organizations including many financial institutions protect Web applications, employee and customer computers, and mobile devices from threats.

In its practical approach, Trusteer software can identify security threats that can be missed by traditional security software. In its portfolio of clients, we have: Seven of the top 10 U.S. banks and nine of the top 10 U.K. attacks. 

This henceforth Trusteer will bring to the IBM security portfolio: 

·        Security as a Service Delivered through the Clou

·        Comprehensive Counter-Fraud and Advanced Persistent Threat (APT) Protection

·        Helping to Secure Mobile Transactions

·        Cybersecurity Software Lab

About IBM Security

IBM provides the security intelligence to help organizations protect their people, data, applications and infrastructure. IBM operates one of the world's broadest security research and development organizations. IBM manages and monitors 15 billion security events every day for nearly 4,000 clients around the world and holds more than 3,000 security patents. 

About Trusteer

Trusteer is a leading provider of endpoint cybercrime prevention solutions that help protect organizations against financial losses and data breaches. Hundreds of organizations and millions of end users rely on Trusteer to protect managed and unmanaged endpoints against exploitation and compromise by online threats often invisible to legacy security solutions. Trusteer was founded in 2006 by Mickey Boodaei, Rakesh Loonkar, Amit Klein, Shmulik Regev, and Eldan Ben-Haim and is backed by U.S. Venture Partners and Shlomo Kramer.