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IBM recently acquired the software components of the cloud security posture management (CSPM) specialist Spanugo. With this, Big Blue wants to expand its portfolio of public cloud security services for the financial sector, among others.

With the acquisition of Spanugo’s software components, IBM will have access to security software that allows customers to automate threat detection, analysis and resolution. Big Blue’s dedicated cloud solutions offer financial industry clients services such as regulatory compliance and resiliency for their critical systems.

Integration with IBM solutions

By adding Spanugo’s technology to its financial cloud solutions, IBM is now able to offer its customers in this sector a complete security control center. This overarching control center should enable customers to define compliance profiles and monitor compliance in real-time throughout the organisation.

In addition, the technology offers customers a continued process of cloud-based security improvements. These improvements reduce the risk of a security breach.

Financial and other details of the acquisition have not been disclosed.