Check Point Software Technologies and IBM Security have announced an expanded alliance, including the sharing of threat intelligence, to forge a more collaborative effort to check cybercrime.
Cybercrime has quickly grown into a significant threat to business, and is now one of the world’s largest illegal economies, accounting for $445 billion in annual profits according to the United Nations.
To address this complex and aggressive attack environment, the expanded relationship between Check Point and IBM Security is designed to provide today’s enterprise with a new level of confidence in not only detecting security risks – but also empowering customers with tools to prevent these attacks before they happen, the two companies.
The companies cites four main areas of collaboration in the new alliance to include shared threat intelligence, integrated event management, advanced mobile protection and managed security services.
“Today’s business environment is more connected and more innovative than ever before, requiring equally innovative ways to help customers keep a step ahead of possible threats,” Avi Rembaum, vice president of security solutions, Check Point says. “Both Check Point and IBM Security take a prevent-first approach to security. Through intelligence sharing and technology integration we aim to help improve our customers’ security programs and create a new model for industry cooperation.”
“The sharing of intelligence and expertise is how the security industry will take our defensive capabilities to the next level,” said Caleb Barlow, vice president of strategy, IBM Security.
“Cybercriminals are not new to this concept of sharing and our industry needs to step up to the challenge. Having a partner the quality of Check Point validate this approach is a big win for our joint customers.”