In an effort to expand security offerings IBM has acquired CrossIdeas, a privately held provider of security software firm, for an undisclosed amount.
Based in Rome, Italy, CrossIdeas helps organizations manage identifies and application access by bridging the gap between compliance, business, and IT infrastructure to help reduce the risk of fraud, conflicts of duties, and human error in business processes.
The acquisition of CrossIdeas will help IBM expand the security offerings to enterprises. This acquisition complements the recent acquisitions and investments IBM made over the past decade in security space.
Following the acquisition, CrossIdeas will be added as part of IBM’s Identity and Access Management portfolio, and deliver next generation identity and access governance capabilities to help mitigate access risks and segregation of duty violations. The combined business-driven approach provides integrated governance and full lifecycle management of a user’s time with an organization, the company said.
Brendan Hannigan, general manager, IBM Security Systems, said the acquisition helps IBM provide enterprises with enhanced governance capabilities and transparency into risk from the factory floor to the board room, giving leaders the insight they need to protect their brand and customers.
With CrossIdeas’ technology, auditors and managers could detect and remediate the segregation of duties violation before it becomes a security risk and audit exposure.
By its participation in the Ready for IBM Security Intelligence program, CrossIdeas already allows IBM customers to deploy integrated access governance and user lifecycle management technologies leveraging IBM’s Security Identity Management (ISIM) portfolio.
The integration will help ISIM customers rapidly introduce access governance capabilities with minimal changes to their existing environment, the company said.