With a rapid increase in cybersecurity threats globally, several organizations are taking strong initiatives to counter the same. International Business Machines Corporation IBM recently announced collaboration with City of Los Angeles and the LA Cyber Lab to combat against cybercrime.
As part of the agreement, IBM will create a new free threat sharing platform in collaboration with LA Cyber Lab for Los Angeles to counter frauds and other cyber attacks. The latest platform called the LA Cyber Threat Intelligence Sharing Platform or TISP is expected to result in a powerful solution, which will address the growing concern regarding hacking. The system will also have a mobile app, which can be utilized by local businesses to share suspicious emails and threats, thereby allowing the community to use the information and beef up their cyber defenses.
The collaboration is expected to strengthen the technical capability of IBM’s security lab, which is primarily focused on developing solutions that enhance mobile and application security. This aids in effectively countering fraud and detects malware.
To mention, both the LA Cyber Lab Cyber TISP and the LA Cyber Lab Mobile Appjoins the global network of IBM X-Force Command Centers, which combats data breaches and other cyber threats. Notably, clients’ security data will be managed by IBM’s workforce. This initiative will accelerate reporting of threats, which in turn will minimize its impact. more