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At nearly 22%, the most common attack type in India was phishing, followed by stolen or compromised credentials (16%).
Hiring in back-office functions such as HR will be suspended or slowed, CEO Arvind Krishna said, adding that 30% of non-customer-facing roles could be replaced by AI and automation in 5 years.
Designed with creativity and innovation at its centre, the facility has open, agile, and collaborative workspaces.
The first prize of Rs 1.4 crore was also won by an Indian team which presented 'Saaf Water', an artificial intelligence system to check the quality of the water.
The three areas where the demand for IT peaked during the pandemic are education, health and retail.
There have been reports over the past 1.5 years that IBM will open an office in Kerala. The firm had even considered an office in Thiruvananthapuram.
Krishna is currently IBM senior vice president for Cloud and Cognitive Software and will succeed Rometty, 62 who will retire after almost 40 years with the company.
Researchers at Google say they have achieved 'quantum supremacy', in which a computer harnessing the properties of sub-atomic particles did a far better job of solving a problem than the world's most powerful supercomputer.
In a startling revelation, a senior IBM employee has deposed in an ongoing age discrimination lawsuit that the company has fired as many as 100,000 employees in the last few years in an effort to look "cool" and "trendy" for millennials like Amazon and Google.
The deal, once goes through, will make IBM top Hybrid Cloud provider in an emerging $1 trillion growth market.