All IBM articles
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PremiumExamining potential uses for GenAI in banking, financial services
The American Bankers Association sent a letter to the Treasury Department asking questions on the ethical application of generative AI in banking and finance, with an IBM report published the same day describing potential future uses of GenAI tools in finance.
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PremiumAI can help reel in ‘unsustainable’ breach costs, IBM report finds
The global average cost of a data breach jumped to an all-time high for the second year in a row, but companies can reel in the ballooning drag on profits by adopting artificial intelligence, according to an IBM report.
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Blog
IBM appoints chief sustainability officer
Technology giant IBM appointed Christina Shin as chief sustainability officer.
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Blog
IBM announces chief legal officer
Technology giant IBM announced Anne Robinson will be joining as senior vice president and chief legal officer.
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PremiumIBM report: Data breach costs at all-time high; AI helping detection
The global average cost of a data breach reached a new all-time high of $4.45 million in 2023, according to IBM’s annual report.
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ArticleIBM report: Data breach costs up, contributing to inflation
The global average cost to mitigate cybersecurity issues resulting from a data breach increased to an all-time high of $4.35 million and could be contributing to current inflation trends, according to the latest annual report from IBM.
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Resourcee-Book: The current state of global privacy regulation
Will states be able to move forward with their own privacy laws? A provision in a recent bill passed in Florida may be a stumbling block.
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ArticleCredit to KPMG for shining a light on fraud at Wirecard
A scathing report on the extensive fraud at German payment giant Wirecard had a compliance silver lining: KPMG’s by-the-books, transparent approach to a special audit helped bring that fraud to light.
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ArticleIBM report: Average data breach cost nearly $4M in past year
An IBM report that examined more than 500 cyber-security breaches occurring between August 2019 and April 2020 found the average breach costs companies $3.86 million and requires nearly 300 days to identify and contain.
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ArticleCould rethinking facial recognition tech provide guide for police reform?
Facial recognition technology, under assault for alleged biases and misuse by law enforcement, could be facing a moment of reckoning.
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ArticleIBM, BoA collaborate on financial services-ready public cloud
IBM announced it has designed the world’s first financial services-ready public cloud and is welcoming financial services institutions and their suppliers to join. Bank of America is already on board.
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ArticleBlockchain: The new frontier for supply chain risk management
A new pilot project currently being explored by the U.S. Food and Drug Administration has enlisted IBM, KPMG, Merck, and Walmart to help determine how to incorporate blockchain into pharmaceutical supply chains.
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ArticleBanks, central banks warned of crypto-currency risks and pitfalls
Despite failures, plummeting prices, and a plethora of risks, financial institutions and central banks are cautiously looking at ways to use virtual currencies. International regulators are warning them that doing so haphazardly could be disastrous.
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Blog
Los Angeles sues Weather Channel app, IBM over location data
The City of Los Angeles has filed a lawsuit against the operator of the Weather Channel smartphone app—an IBM subsidiary—for “covertly mining the private data of users and selling the information to third parties.”
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Article
Rabobank uses Latin to help with GDPR compliance
Jaclyn Jaeger talks with Peter Claassen of Rabobank about the bank’s collaboration with IBM to use cryptographic pseudonyms to anonymize customer information for GDPR compliance.
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Blog
IBM acquires Armanta
IBM this month announced its acquisition of Armanta, a provider of aggregation and analytics software to financial services firms.
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Blog
Rabobank desensitizes client data for GDPR and DevOps with IBM
Rabobank, a Dutch multi-national bank and financial services company, is working with IBM to use cryptographic pseudonyms on its client’s personal data to innovate and comply with the EU's General Data Protection Regulation.
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Blog
Mastercard, IBM launch trust to help companies meet GDPR requirements
Mastercard and IBM announced the launch of Truata,an independent trust designed specifically to help organizations conduct analytics in full compliance with the GDPR. Truata will enable companies to meet the standards of data protection envisioned by the GDPR, while continuing to innovate and deliver the services and experiences their customers ...