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Cisco and IBM announce historic cybersecurity partnership

Cyber criminals are expected to cost the world $6 trillion in damages by 2021, up from $3 trillion in 2015. The world is expected to spend more than $1 trillion cumulatively on cybersecurity products and services over the next five years. The tech giants are two of the top 10 cybersecurity startup acquirers. IBM Security alone employs more than 8,000 people globally; Cisco Security Group employs $2 billion-plus apiece in annual revenues, both focus on Fortune 500, Global 2000, and mid-sized to large enterprises.”]

Source: https://www.csoonline.com/article/3199016/cisco-and-ibm-announce-historic-cybersecurity-partnership.html

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