IBM to acquire cybersecurity solutions provider Trusteer

15 Aug 201389 Views

In a move to help fight financial fraud and advanced security threats, as well as further push its investment in cloud-delivered software and services, IBM is to acquire Trusteer for an undisclosed sum.

Trusteer helps organisations protect web apps, mobile devices, and employee and customer computers by providing cybercrime prevention software.

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Tech giant IBM is also forming a cybersecurity software lab in Israel for Trusteer and IBM researchers and developers to focus on malware, counter-fraud, financial crimes, advanced security threats, and mobile and app security.

The new lab is an addition to IBM’s research and development facilities already in Israel. 

Tina Costanza was a journalist and sub-editor at Silicon Republic

editorial@siliconrepublic.com