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In a move that will be seen as a significant statement of its investment in cloud-delivered software and services, IBM has now completed the acquisition of Trusteer, a key provider of software that helps protect organisations against financial fraud and advanced security threats.

As part of this move, 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. This lab is an addition to IBM's existing research and development facilities in Israel.

BYPASSING SECURITY
With offices located in Boston and Tel Aviv, Israel, Trusteer helps hundreds of organisations, including many financial institutions, protect web applications, employee and customer computers, and mobile devices from threats. This is in response to the way in which cybercriminals are becoming increasingly efficient in creating and deploying attacks to bypass existing security controls.

Trusteer software can identify security threats that may be missed by traditional security software. For example, to help ensure that banking customers can safely transfer money on a mobile device, Trusteer software performs detection of malware that can infect a smartphone, enabling the bank to take steps to prevent fraudulent behaviour and account takeover before the transaction occurs. Seven of the top 10 US banks and nine of the top 10 UK banks are said to use Trusteer's solutions to help secure customer accounts against financial fraud and cyber attacks.

"Trusteer's expertise and superior technology in enterprise endpoint defence and advanced malware prevention will help our clients across all industries address the constantly evolving threats they are facing," says Brendan Hannigan, general manager, Security Systems Division, IBM. "Together with IBM's capabilities in advanced threat detection, analysis and remediation, we will now be able to offer our clients several additional layers of defence against sophisticated attackers."

Adds Mickey Boodaei, CEO, Trusteer: "The way organisations protect data is quickly evolving. As attacks become more sophisticated, traditional approaches to securing enterprise and mobile data are no longer valid. Trusteer has helped hundreds of large banks and organisations around the world defeat thousands of sophisticated attacks using innovative solutions that combine intelligence, cloud, mobile and desktop technologies."

Among the capabilities Trusteer will bring to the IBM security portfolio are Security as a Service Delivered through the Cloud. Cloud-delivered security solutions by Trusteer will complement more than 100 Software as a Service (SaaS) solutions offered by IBM. In addition to traditional IT solutions, Trusteer leverages SaaS architecture to enable protected PCs, desktops, smartphones and tablets to rapidly adapt against emerging threats. CS