When Microsoft issued an out-of-band security update to patch the zero day Internet Explorer vulnerability on May 1, it was revealed by researchers from security company FireEye that the bug was being actively exploited by attackers targeting US-based defense and financial firms.
The number of mobile devices has now surpassed personal computers in sales.
IBM introduced new software and services to help organizations use Big Data and Analytics to address the $3.5 trillion lost each year to fraud and financial crimes.
IBM is the latest tech giant to deny any involvement in NSA's PRISM data collection program and to claim that they have not set up backdoors in their products.
Last week Microsoft has announced that today's Patch Tuesday will include a fix for the critical IE zero-day vulnerability that was found exploited in watering hole attacks earlier this year - and none too soon, as a number of bad actors have been using the same exploit code in other similar attack since then.