23 Oct How IBM and Palo Alto Networks team up to combat cyberthreats
This week in cybersecurity from the editors at Cybercrime Magazine
– Read The Full siliconANGLE Story
Sausalito, Calif. – Oct. 23, 2024
It’s estimated that organizations spend more than $200 billion annually on security hardware, software and services globally. That’s a big number. But consider that the economic impact of cybercrime is predicted by Cybersecurity Ventures to reach $9.5 trillion in 2024.
Two tech giants, IBM Corp. and Palo Alto Networks Inc., have joined forces to combine deep expertise, artificial intelligence, and a platform approach to better protect organizations from attackers. In May of this year, they further advanced the partnership with a sharpened focus on AI security and announced that Palo Alto would acquire IBM’s QRadar SaaS assets for around $500 million.
siliconANGLE looks at the security landscape and unpacks the multidimensional relationship between IBM and Palo Alto Networks to better understand how industry collaboration can improve cyber defenses and modernize security operations.
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