Click here to close now.




















Welcome!

Agile Computing Authors: Eric Aarrestad, Liz McMillan, Pat Romanski, Dana Gardner, Qamar Qrsh

News Feed Item

IBM acquires CrossIdeas to Expand Security Offerings with Identity Intelligence

Business-driven Governance and Analytics Capabilities Bring Greater Control for Securing Enterprises

ARMONK, N.Y. and ROME, July 31, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has acquired CrossIdeas, a privately held provider of security software that governs user access to applications and data across on-premise and cloud environments. Financial terms were not disclosed.

IBM Corporation logo.

Under the burden of more government regulations and increasing sophistication of security threats, business leaders are demanding that IT and security executives implement access governance policies and solutions that provide visibility into operational and IT risks. Based in Rome, Italy, CrossIdeas helps organizations seamlessly manage identities and application access by bridging the gap between compliance, business, and IT infrastructure to help reduce the risk of fraud, conflicts of duties, and human error in business processes. 

The acquisition of CrossIdeas extends IBM's leadership in delivering innovation, services and software for securing enterprises. IBM has now made more than a dozen acquisitions in security over the past decade and invested extensively in dedicated research and development in the security space. This blend of organic innovation and acquired technologies is helping IBM customers defend against advanced threats and manage risk in an era of unprecedented technology change.

"The addition of CrossIdeas extends IBM's market share leading[1] portfolio of identity and access management capabilities," said Brendan Hannigan, General Manager, IBM Security Systems. "IBM can now provide enterprises with enhanced governance capabilities and transparency into risk from the factory floor to the board room, giving leaders the insight they need to protect their brand and customers."

As part of IBM's Identity and Access Management portfolio, CrossIdeas will deliver next generation identity and access governance capabilities to help mitigate access risks and segregation of duty violations. The combined business-driven approach provides integrated governance and full lifecycle management of a user's time with an organization. 

For example, a stock trader working in a financial institution may be promoted and given access to approve trades in a new system while retaining access to enter trades in the previous system. This dual access may constitute a segregation of duties violation, which could expose the institution to failing a compliance requirement. With CrossIdeas' technology, auditors and managers could detect and remediate the segregation of duties violation before it becomes a security risk and audit exposure.

"CrossIdeas is very excited to become part of IBM through this acquisition," said Alberto Ocello, Chief Executive Officer at CrossIdeas. "The innovative technology of CrossIdeas' IDEAS solution strongly complements IBM's Identity and Access Management portfolio and we are proud to contribute to IBM's worldwide expansion in the IT security market."

CrossIdeas addresses the business requirements of auditors and risk and compliance managers with innovative role analytics, intuitive visualizations for better insight into user access, and alignment with compliance and access risk requirements. This Identity Intelligence is delivered via centralized compliance dashboards for auditors to evaluate access risk and activity-based segregation of duties across enterprise-wide applications.  These dashboards are populated using a broad array of identity and access repositories including IBM Security Identity Manager.

Integrating CrossIdeas' innovative business-driven governance capabilities with IBM's Security portfolio will be expedited by the two companies' existing relationship.  By its participation in the Ready for IBM Security Intelligence program, CrossIdeas already allows IBM customers to deploy integrated access governance and user lifecycle management technologies leveraging IBM's Security Identity Management (ISIM) portfolio. This integration will help ISIM customers rapidly introduce access governance capabilities with minimal changes to their existing environment.

About IBM Security
IBM's security portfolio provides the security intelligence to help organizations holistically protect their people, data, applications and infrastructure. IBM offers solutions for identity and access management, security information and event management, database security, application development, risk management, endpoint management, next-generation intrusion protection and more. IBM operates one of the world's broadest security research and development, and delivery organizations. IBM monitors 15 billion security events per day in more than 130 countries and holds more than 3,000 security patents.

For more information, please visit www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

About CrossIdeas
Founded in 2011, CrossIdeas provides Identity and Access Governance solutions to help enable organizations achieve their compliance, audit and access risk management objectives. Leveraging CrossIdeas' innovative technology and flexible service model, organizations can strengthen their risk awareness and IT security. CrossIdeas is headquartered in Rome, Italy and can be reached at www.CrossIdeas.com.

Contact

Michael Rowinski
IBM Media Relations
1 (720) 395-8497
[email protected]

Alessandro Ferrari
External Relations Manger, IBM Italy 
+39-0259624690 
[email protected]

[1] IDC: W o r l d w i d e  I d e n t i t y  a n d  A c c e s s  M a n a g e m e n t  2 0 1 2
V e n d o r S h a r e s; June 2013, IDC #241382, Volume: 1

Logo - http://photos.prnewswire.com/prnh/20090416/IBMLOGO

SOURCE IBM

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducted a live demonstration of how quickly application development can happen when the need to comply wit...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
MuleSoft has announced the findings of its 2015 Connectivity Benchmark Report on the adoption and business impact of APIs. The findings suggest traditional businesses are quickly evolving into "composable enterprises" built out of hundreds of connected software services, applications and devices. Most are embracing the Internet of Things (IoT) and microservices technologies like Docker. A majority are integrating wearables, like smart watches, and more than half plan to generate revenue with APIs within the next year.
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, d...
In his keynote at 16th Cloud Expo, Rodney Rogers, CEO of Virtustream, discussed the evolution of the company from inception to its recent acquisition by EMC – including personal insights, lessons learned (and some WTF moments) along the way. Learn how Virtustream’s unique approach of combining the economics and elasticity of the consumer cloud model with proper performance, application automation and security into a platform became a breakout success with enterprise customers and a natural fit for the EMC Federation.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of profound change in the industry.
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect their organization.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world and it starts with business models and monetization strategies.
Converging digital disruptions is creating a major sea change - Cisco calls this the Internet of Everything (IoE). IoE is the network connection of People, Process, Data and Things, fueled by Cloud, Mobile, Social, Analytics and Security, and it represents a $19Trillion value-at-stake over the next 10 years. In her keynote at @ThingsExpo, Manjula Talreja, VP of Cisco Consulting Services, discussed IoE and the enormous opportunities it provides to public and private firms alike. She will share what businesses must do to thrive in the IoE economy, citing examples from several industry sectors.
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.
Akana has released Envision, an enhanced API analytics platform that helps enterprises mine critical insights across their digital eco-systems, understand their customers and partners and offer value-added personalized services. “In today’s digital economy, data-driven insights are proving to be a key differentiator for businesses. Understanding the data that is being tunneled through their APIs and how it can be used to optimize their business and operations is of paramount importance,” said Alistair Farquharson, CTO of Akana.
Business as usual for IT is evolving into a "Make or Buy" decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud business applications and services across multiple cloud delivery models.
The enterprise market will drive IoT device adoption over the next five years. In his session at @ThingsExpo, John Greenough, an analyst at BI Intelligence, division of Business Insider, analyzed how companies will adopt IoT products and the associated cost of adopting those products. John Greenough is the lead analyst covering the Internet of Things for BI Intelligence- Business Insider’s paid research service. Numerous IoT companies have cited his analysis of the IoT. Prior to joining BI Intelligence, he worked analyzing bank technology for Corporate Insight and The Clearing House Payment...
"Optimal Design is a technology integration and product development firm that specializes in connecting devices to the cloud," stated Joe Wascow, Co-Founder & CMO of Optimal Design, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that CommVault has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unp...
Electric Cloud and Arynga have announced a product integration partnership that will bring Continuous Delivery solutions to the automotive Internet-of-Things (IoT) market. The joint solution will help automotive manufacturers, OEMs and system integrators adopt DevOps automation and Continuous Delivery practices that reduce software build and release cycle times within the complex and specific parameters of embedded and IoT software systems.
"ciqada is a combined platform of hardware modules and server products that lets people take their existing devices or new devices and lets them be accessible over the Internet for their users," noted Geoff Engelstein of ciqada, a division of Mars International, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.