AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

So called "pig butchering" scams are happening on an industrial scale. Politicians have noticed.

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

There have been at least 1,900 ATM jackpotting incidents reported over the past six years, the Federal Bureau of Investigation said.

The Massachusetts Attorney General’s lawsuit is the latest in a series of state legal actions against one of the world’s ...

The Arkanix infostealer combines LLM-assisted development with a malware-as-a-service model, using dual language implementations to maximize reach and establish persistence.

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...