This document is IBM's 2025 Annual Report (Exhibit 13, Report of Financials), filed with the SEC on February 24, 2026, as part of IBM's Form 10-K. It contains IBM's Management Discussion and financial results for the year ended December 31, 2025. No cybersecurity breach or incident is described in the extracted portion of this document.
About this clustering
DisclosureLens links filings into incidents through layered matchers: deterministic rules (same source document, multistate filings of one breach, tight-window same-victim pairs), a weighted-similarity scorer for cross-source candidates, and an operator review queue for everything uncertain. Each link records its own method and confidence — shown per filing in the timeline below. The system defaults to NOT merging when uncertain, because a false merge (collapsing two unrelated breaches) is more harmful than a false split (showing related filings separately); uncertain pairs route to human review instead of auto-merging. Filing summaries shown in the timeline are AI-generated extracts — verify each against its linked source.