15/05/15 – More than 1,000 Organizations Join IBM to Battle Cybercrime
From the post:
ARMONK, NY – 14 May 2015: IBM (NYSE: IBM) today announced that more than 1,000 organizations across 16 industries are participating in its X-Force Exchange threat intelligence network, just one month after its launch. IBM X-Force Exchange provides open access to historical and real-time data feeds of threat intelligence, including reports of live attacks from IBM’s global threat monitoring network, enabling enterprises to defend against cybercrime.
IBM’s new cloud-based cyberthreat network, powered by IBM Cloud, is designed to foster broader industry collaboration by sharing actionable data to defend against these very real threats to businesses and governments. The company provided free access last month, via the X-Force Exchange, to its 700 terabyte threat database – a volume equivalent to all data that flows across the internet in two days. This includes two decades of malicious cyberattack data from IBM, as well as anonymous threat data from the thousands of organizations for which IBM manages security operations. Participants have created more than 300 new collections of threat data in the last month alone.
“Cybercrime has become the equivalent of a pandemic — no company or country can battle it alone,” said Brendan Hannigan, General Manager, IBM Security. ““We have to take a collective and collaborative approach across the public and private sectors to defend against cybercrime. Sharing and innovating around threat data is central to battling highly organized cybercriminals; the industry can no longer afford to keep this critical resource locked up in proprietary databases. With X-Force Exchange, IBM has opened access to our extensive threat data to advance collaboration and help public and private enterprises safeguard themselves.”
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Think about the numbers for a moment, 1,000 organizations and 300 new collections of threat data in a month. Not bad by anyone’s yardstick.
As I titled my first post on the X-Force Exchange: Being Thankful IBM is IBM.