IBM and Cisco joined forces May 31 to address cybercrime using technology integration and intelligence collaboration.
Here are three notes on the partnership.
1. Cisco security solutions will build new applications for IBM's QRadar security analytics platform. These applications will help security teams understand and respond to cyberthreats.
2. Two of the companies' research teams — IBM X-Force and Cisco Talos — will collaborate on threat intelligence research and coordinate with one another during major cybersecurity incidents.
3. IBM's Resilient Incident Response Platform will integrate with Cisco's Threat Grid to provide security teams and joint customers with real-time threat intelligence insights.
The two companies also emphasized the importance of security vendors working together to respond to cyberthreats.
"Cybercrime is expected to cost the world $6 trillion annually by 2021," said Marc van Zadelhoff, general manager of IBM Security. "This is why IBM has been a proponent of open collaboration and threat sharing in cybersecurity to change the economics for criminals."
"By combining Cisco's comprehensive security portfolio with IBM Security's operations and response platform, Cisco and IBM bring best-of-breed products and solutions across the network, endpoint and cloud, paired with advanced analytics and orchestration capabilities," said David Ulevitch, senior vice president and general manager of Cisco Security.