May 19, 2015

Cybercrime itself has become sophisticated and organized, with cybercriminals turning profits of almost $450 billion annually, much of it from the comfort of their desks. This paradigm shift requires us to change the way we think about and fight cybercrime. Perimeter protection is simply not enough. Today’s threats demand technology steeped in intelligence, leadership and policy.

Last week, I had the opportunity to talk to almost 200 C-level executives at our first IBM Security Summit in New York City, focused on these three areas. I was joined by IBM’s CEO Ginni Rometty and several panelists to lay out a new way to tackle this enormous problem. The bad guys have become better and better at cybercrime for three main reasons: they collaborate, sharing technology and practices...

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