IBM tackles online data theft

Article Excerpt

IBM $197 (New York symbol IBM; Shares outstanding: 1.2 billion; Market cap: $236.4 billion; TSINetwork Rating: Above Average; Dividend yield: 1.5%) is now developing software that helps prevent online data theft. The company’s analytics software already helps businesses and governments quickly gather and analyze a wide range of data. This technology is used in many ways, from easing traffic congestion to making power grids more efficient. IBM recently demonstrated software that can detect and prevent unauthorized access to databases by analyzing certain patterns, such as failed login attempts. This product could be in huge demand, particularly in light of recent high-profile attacks on U.S. government websites. IBM is still a buy. buy…