enterprise it2 articles
Nobody Revoked His Access. He Noticed.
A terminated employee caused hundreds of thousands of dollars in damage and significant project delays after their company failed to revoke their system access, allowing them to delete files, lock out accounts, and corrupt a database. The lapse occurred because HR and IT each assumed the other was responsible for cutting off access, leaving the former employee's credentials active for several days. The incident highlights the need for clear offboarding protocols, including same-day access revocation and regular reviews of shared admin credentials.
IBM's Mainframe Business Takes a 25% Stock Hit as Customers Blow Budget on AI Hardware
IBM's mainframe sales took a significant hit in Q2 after customers diverted their capital spending toward servers, storage, and memory to secure AI-related hardware ahead of anticipated supply shortages and price increases. This unexpected shift in client priorities, compounded by large deals failing to close on time, caused Infrastructure revenue to fall 7% and triggered a 25%+ drop in IBM's share price. While businesses like Red Hat and Distributed Infrastructure performed well, the quarter highlights how the AI infrastructure boom is disrupting traditional enterprise IT purchasing patterns.