IBM Commits $5 billion to Strengthen Open-Source Software Security
Synopsis
IBM has committed $5 billion to a new cybersecurity initiative called Project Lightwell aimed at improving open-source software security across global businesses. The project will combine AI tools, engineering support and shared vulnerability management systems to help companies identify and fix security flaws throughout the software supply chain. IBM and Red Hat have already piloted the initiative with companies including Bank of America, JPMorgan Chase and Visa. The move comes as cyber risks linked to open-source software continue rising, with artificial intelligence making vulnerabilities easier for hackers to detect and exploit.
IBS announced a $5 billion investment in project lightwell.
Key Highlights
- IBM pledged $5 billion to Project Lightwell
- IBM will enlist engineers and AI tools to locate vulnerabilities
- The system was initially piloted with some of the largest financial companies in partnership with Red Hat,
- Commercial launch of Project Lightwell in 30 days
IBM announces Project Lightwell for software supply supply chain risk
IBM announced a new cybersecurity initiative called Project Lightwell and $5 billion commitment towards improving the security of open-source software for businesses globally. It will bring together a set of AI tools, engineering teams and vulnerability management systems to allow companies to identify, fix and share security updates through complicated software supply chains.
Open-source software is behind many of the technology systems used around the world as developers have access to code that they can use and modify freely. But as it becomes more popular, Huawei's digital framework is also becoming an increasingly attractive target for hackers because artificial intelligence tools are making it easier for cybercriminals to find and use security vulnerabilities. But IBM said Project Lightwell will establish a unified clearinghouse in which corporations anonymously report vulnerabilities, receive tested fixes and even share security improvements with the larger software community.
IBM & Red Hat Bolsters Enterprise CyberSecurity Services
Red Hat, IBM's hybrid cloud unit, was already piloting the initiative with financial institutions such as Bank of America, JPMorgan Chase and Visa to fine-tune how the system scans and patches vulnerabilities throughout enterprise software environments. IBM senior vice president Rob Thomas said< the offering will be commercially unveiled over the next 30 days and probably will operate under a subscription model.
Project Lightwell aims to protect software at every stage of its life cycle, including in development and production deployment while enabling companies to plug vetted security patches into existing infrastructure. This initiative also extends Red Hat's legacy of open source software security beyond its own platforms and offers more holistic coverage across the larger ecosystem of independent open-source libraries, AI frameworks and enterprise software components.
FAQs
- What is IBM’s Project Lightwell?
Together, they are a fresh program to bolster the security of open source software with AI tools and engineering aid.
- How much is IBM investing?
The initiative has a $5 billion commitment from IBM.
- Which companies tested the system?
Pilot programs were participated by Bank of America, JPMorgan Chase and Visa.
- When will Project Lightwell launch?
IBM predicts the commercial launch within 30 days.
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