IBM on Thursday announced it was buying Trusteer, an Internet security specialist with offices in Boston and Israel and well known in the credit union space.
The computer services giant said it would be creating a new cyber security software lab in Israel with more than 200 researchers and developers from Trusteer and IBM. Their focus, IBM said, would be on mobile security, cyber threats, malware, fraud and other financial crimes.
Along with seven of the top 10 U.S. banks and nine of the top 10 U.K. banks, the company said, Trusteer software is used to secure accounts by credit unions individually and through online banking vendors.
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