IBM (IBM) on Watch Following Negative Security Mention

IBM (NYSE: IBM) shares are ticking higher following a negative mention about the company's network security.

Krebs on Security noted that Softlayer, which was recently acquired by IBM, was at the top of the charts for hosting spammers, scanners, and other nefarious sites.

One Softlayer rep commented to Krebs: With the growth of Softlayer’s global footprint, as expected with any fast growing service, spammers have targeted our platform. We are aggressively working with authorities, groups like The Spamhaus Project, and IBM Security analysts to shut down this recent, isolated spike. Just in the past month we’ve shut down 95 percent of the spam accounts identified by Spamhaus, and continue to actively eliminate this activity.

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