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Handshake
HSBC partners with IBM to improve security for transactions between banks

HSBC and IBM announced the successful test of an advanced token and digital wallet settlement capability encompassing direct transactions between two central bank digital …

Handshake
IBM partners with Samsung to deliver vertical transistor architecture for the semiconductor industry

IBM and Samsung Electronics jointly announced a breakthrough in semiconductor design utilizing a new vertical transistor architecture that demonstrates a path to scaling …

Acquisitions
IBM acquires SXiQ to modernize applications and technology infrastructure in the cloud

IBM announced the acquisition of SXiQ, an Australian digital transformation services company specializing in cloud applications, cloud platforms and cloud cybersecurity. This …

hand
Fraud fighters aren’t prepared for the multi-billion dollar threat of global insurance fraud

Nearly 60% of those tasked with thwarting the multi-billion dollar threat posed by global crime rings are not yet up to the task, reports a study by the Coalition Against …

Software
Red Hat OpenShift Data Science enables companies to solve critical business challenges

Red Hat released Red Hat OpenShift Data Science as a field trial, as well as an expanded partner ecosystem focused on this new cloud service offering. As leading artificial …

security platform
RangeForce launches tiered offering for security teams to combat current and emerging threats

RangeForce announced a new tiered offering for its cloud-based platform, built to deliver realistic, continuous skills development in alignment with an organization’s …

architecture
As technology pervades, CIOs’ influence on business strategy grows

An IBM Institute for Business Value (IBV) study revealed CIOs’ influence on business strategy and operations is growing as technology pervades surveyed enterprises. When …

Money
Contrast Security raises $150M to advance application security

Contrast Security announced that it has closed $150M in a Series E round of funding at a greater than billion-dollar valuation. The oversubscribed round was led by Liberty …

Acquisitions
IBM to acquire ReaQta to expand its cybersecurity threat detection and response offerings

IBM Security announced an expansion of its cybersecurity threat detection and response capabilities with its plans to acquire ReaQta. ReaQta’s endpoint security …

Money
Piiano raises $9M to secure and control PII with data privacy engineering for the cloud

Piiano announced that it has raised a $9M seed round. The round was led by cybersecurity-focused VC YL Ventures with the participation of Jibe Ventures and founders of …

Appointments
Drew Prante joins Strata as CRO

Strata Identity announced it has appointed Drew Prante as its Chief Revenue Officer. Drew joins Strata from OneLogin and will scale the company’s sales organization to meet …

backup
Storage systems vulnerabilities: Act now to avoid disasters

Continuity issued a research report which provided an analysis of the vulnerabilities and misconfigurations of enterprise storage systems. The findings revealed that storage …

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