‘Data breach costs are rising’
Data breaches have increasingly high costs, according to IBM Security experts in an annual study. Organizations often pass on costs to customers.
Big Blue's 2022 Cost of a Data Breach Report states that 83 percent of respondents experienced one or more data breaches in the past year. Affected c... Read more
IBM forced to pay €1.5 billion to BMC
An American judge ordered IBM to pay 1.6 billion dollars (1.5 billion euros) in damages to software supplier BMC Software. Contrary to agreements, IBM had persuaded a joint telecom customer to switch from BMC software to IBM software.
The US court ordered IBM to pay 1.5 billion euros due to a ca... Read more
IBM’s Kyndryl spin-off gets board approval, set to launch in November
IBM's board of directors approves a brand new managed infrastructure services division, turning it into Kyndryl, a publicly-traded company that goes live next month.
Kyndryl shares go to IBM investors
Big Blue announced that Kyndryl shares would be distributed to IBM investors after the close... Read more
Red Hat is shifting toward containers in a big way
IBM's Spectrum storage products are now moving towards Red Hat, the company it acquired last year. IBM Storage unveiled a storage software family for Red Had OpenShift (ROHS.) The company also said that it intends to deliver software-defined, container-native storage solutions for ROHS and Kubernet... Read more