Report: IBM looking to buy incident-response platform maker Resilient Systems

Software sets workflows and automated responses for quickly dealing with security incidents.

IBM is considering buying Resilient Systems, whose software platform defines workflows to follow when corporate networks are hit with security incidents, according to a report.

The price tag for the company is more than $100 million, according to a story by Xconomy that attributes its information to two unnamed sources. IBM and Resilient haven’t answered requests yet for more information.

MORE: 2015 enterprise tech M&A tracker

If IBM does close the deal, it would be picking up a tool that corporations could use to respond more quickly to cyber attacks. The platform calls for businesses to set down ahead of time how they want to deal with specific types of attacks, what personnel will be involved and who will do what.

It sets timelines, tracks tasks, and reports back when they are accomplished or when deadlines are missed. It calls the template for responses the run-book.

Blended into the mix is a library of global laws and regulations surrounding obligations business face when hit by certain kinds of attacks and data loss so they can make appropriate filings and notifications.

Resilient was founded in 2010, and its leadership team includes CEO John Bruce and CTO Bruce Schneier.

This possible deal comes as IBM finished off 2015 with a 12% increase in its security revenue vs. 2014.

IBM has been busy on the acquisition front in 2016, with announced deals for The Weather Company’s Product & Technology Business, Ustream and IRIS Analytics.

Join the CSO newsletter!

Error: Please check your email address.

Tags IBM

More about IRISTechnology

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Tim Greene

Latest Videos

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

  • 150x50

    IDG Live Webinar:The right collaboration strategy will help your business take flight

    Speakers - Mike Harris, Engineering Services Manager, Jetstar - Christopher Johnson, IT Director APAC, 20th Century Fox - Brent Maxwell, Director of Information Systems, THE ICONIC - IDG MC/Moderator Anthony Caruana

    Play Video

More videos

Blog Posts