IBM buys database security company
Database security and monitoring specialist, Guardium is the latest company to be acquired by IBM as part of its business analytics strategy.
IT giant IBM has acquired Guardium, a database security vendor, confirming recent rumors that it was in the running for the company.
Guardiam's technology helps clients safeguard data, monitor database activity in real-time and reduce operational costs by automating regulatory compliance tasks.
IBM says that by combining with Guardian it will enable clients to maintain trusted information infrastructures by continuously monitoring access and activity to protect high-value databases against threats from legitimate users and potential hackers. It further claims that the purchase will also help clients streamline compliance processes for ever-changing industry and government mandates with centralised and automated controls for all major platforms.
Furthermore the monitoring capabilities of Guardium's technology also detect fraud and unauthorised access via enterprise applications such as an organization's ERP, CRM or Data Warehousing solutions.
"Organisations are grappling with government mandates, industry standards and business demands to ensure that their critical data is protected against internal and external threats," said Arvind Krishna, general manager of IBM Information Management. "This acquisition is another significant step in our abilities to help clients govern and monitor their data, and ultimately make their information more secure throughout its lifecycle."
A study that IBM recently carried out made the assertion that one in three business leaders frequently makes decisions based on information they do not trust or do not have. It is with this in mind that the vendor says there needs to be a renewed focus on transparency and accountability and that businesses and government agencies cannot afford to make decisions based on data that has been compromised.
"Guardium gives clients unprecedented visibility and control over their data access activities while taking advantage of automation to deliver rapid return on investment," said Ram Metser, chief executive officer at Guardium. "The combination of IBM and Guardium provides clients with a comprehensive solution for safeguarding critical enterprise information and preventing fraud without the complexity of traditional approaches."
Though the deal has been finalised it has yet to be disclosed how much IBM has agreed to pay for Guardium.