IBM spends Billions and Billions...
November 2007
IBM to spend $1.5 billion to improve computer security.
IBM will spend $1.5 billion developing computer security products in 2008, a sum that could double the company’s previous spending. $1.5 billion “is much more than we’ve ever spent,” a general manager in IBM’s services unit who is responsible for security programs told The Wall Street Journal. The company would not say exactly how much it previously spent on data security, but an analyst from Pund-IT Research said $1.5 billion could double IBM’s typical spending on security research and product development, according to the Associated Press. IBM issued a press release Thursday saying IT security is becoming more difficult because of collaborative business models sophisticated criminal attacks and increasingly complex infrastructures.
IBM to spend $1.5 billion to improve computer security.
IBM will spend $1.5 billion developing computer security products in 2008, a sum that could double the company’s previous spending. $1.5 billion “is much more than we’ve ever spent,” a general manager in IBM’s services unit who is responsible for security programs told The Wall Street Journal. The company would not say exactly how much it previously spent on data security, but an analyst from Pund-IT Research said $1.5 billion could double IBM’s typical spending on security research and product development, according to the Associated Press. IBM issued a press release Thursday saying IT security is becoming more difficult because of collaborative business models sophisticated criminal attacks and increasingly complex infrastructures.
posted by arkietechs at 12:19 PM
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