Trusteer has helped hundreds of large banks and organizations around the world defeat thousands of sophisticated attacks using innovative solutions that combine intelligence, cloud, mobile, and desktop technologies.”
“As attacks become more sophisticated, traditional approaches to securing enterprise and mobile data are no longer valid. “The way organizations protect data is quickly evolving,” Boodaei said. Trusteer is excited to be working with IBM, said company CEO Mickey Boodaei. An IBM spokesperson contacted by The Times of Israel said the company could not comment on the price. Google was rumored to have offered northwards of $1 billion for Waze in last June’s buyout (in the end, Google revealed several weeks ago, Waze cost the company “only” $966 million) - so the Trusteer deal could eclipse the Waze sale. If the numbers are correct, the Trusteer deal would be the second giant Israeli buyout in just a few months. 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 behavior and account takeover before the transaction occurs,” IBM said. Trusteer software can identify security threats that can be missed by traditional security software. “Cybercriminals are becoming increasingly efficient in creating and deploying attacks to bypass existing security controls. Members of the Trusteer team will work with IBM employees to expand IBM’s security offerings, adding to the 100+ security products for the cloud already offered by IBM, the company said. 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 defense against sophisticated attackers.” “Trusteer’s expertise and superior technology in enterprise endpoint defense and advanced malware prevention will help our clients across all industries address the constantly evolving threats they are facing.
Trusteer is the company’s 12 th acquisition in Israel since 1998, and will become the base for a new R&D lab that will develop security solutions for cloud services, said Brendan Hannigan, general manager of IBM’s Security Systems Division.
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