IBM Sells Weather Business to Private Equity Firm Francisco Partners
International Business Machines (IBM) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services ...
IBM News
Average Cost of a Data Breach Has Reached an All-Time High: IBM Report
According to IBM's Cost of a Data Breach report, 2023 set an all-time high record with the global average data breach cost reaching $4.45 million, a 2.3 percent increase ...
Report: CEOs Weigh Risks of AI as They Look to Boost Productivity
Nearly half of CEOs surveyed in a new global study by the IBM Institute for Business Value ranked productivity as their top business priority—up from sixth place in 2022. Modernizing technology was ...
CEOS From Travelers, Apple, Amazon and More Will Talk Cyber at the White House
The White House is hosting an event on Wednesday that will bring together America's largest technology companies for a discussion about cybersecurity challenges following a raft of high-profile ...
Rideshares Out; Remote Work In: COVID Changing Behaviors For Good
U.S. consumers surveyed by IBM in April said they plan to make significant changes in the way they go about their lives and work in the wake of the coronavirus, voting thumbs down on rideshares and ...
IBM Proposes Revamp of Law Shielding Internet Companies From User Content Liability
International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms. In a blog post on Wednesday, IBM ...
The Latest Launches From Aon and Marsh
Aon co-developed a policy designed to help provide financial support after a terrorist attack. Marsh is expanding its collaboration with IBM to provide clients access to the industry's first ...
AIG’s ‘Smart Contract’ Is First Multinational Insurance Policy Powered by Blockchain
American International Group, IBM and Standard Chartered Bank have successfully piloted what they say is the first multinational, "smart contract"-based insurance policy using blockchain. Utilizing ...
Storing Telematics Data in the Cloud Puts Driver Privacy at Risk: Research
Drivers' private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using connected-device, or telematics, functions in ...