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Associate: IBM i 7.1 Administration
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Vincent Caprio founded the Water Innovations Alliance Foundation (WIAF) in October 2008. In this role he created the Water 2.0 Conference series of which he is currently the Chairman Emeritus. As an early advocate for nanotechnology, Mr. Caprio is the Founder and Chairman Emeritus of the NanoBusiness Commercialization Association (NanoBCA). In 2002, he launched the highly successful NanoBusiness Conference series, now in its 19th year. 

A pioneer at the intersection of business and technology, Vincent Caprio possesses a unique ability to spot emerging and societally significant technologies in their early stages. He successfully creates brands and business organizations focused on specific technology markets, and launches events that not only educate, but also connect and empower stakeholders that include investors, technologists, CEOs and politicians. 

It is Mr. Caprio’s avid interest in history and background in finance that enabled him to be among the first to recognize the impact that specific technologies will have on business and society. By building community networks centered around his conferences, he has facilitated the growth of important new technologies, including nanotechnology, clean water technology and most recently, engineering software. 

Mr. Caprio is also one of the foremost advocates for government funding of emerging technology at both the State and Federal levels. He has testified before Congress, EPA, Office of Science and Technology Policy (OSTP), as well as the state legislatures of New York and Connecticut, and has been an invited speaker at over 100 events. Mr. Caprio has also organized public policy tours in Washington, DC, educating politicians about emerging tech through meetings with high-level technology executives. 

In the events sector, Mr. Caprio served as the Event Director who launched of The Emerging Technologies Conference in association with MIT’s Technology Review Magazine. He also acted as consultant to the leading emerging technology research and advisory firm Lux Research, for its Lux Executive Summit in 2005 & 2006. In 2002, Mr. Caprio served as the Event Director and Program Director of the Forbes/IBM Executive Summit. 

Prior to founding the NanoBCA, Mr. Caprio was Event Director for Red Herring Conferences, producing the company’s Venture Market conferences and Annual Summit reporting to Red Herring Magazine Founder and Publisher Tony Perkins, and Editor, Jason Pontin. His industry peers have formally recognized Mr. Caprio on several occasions for his talents in both tradeshow and conference management. 

Mr. Caprio was named Sales Executive of the Year in 1994 while employed with Reed Exhibitions, and was further honored with three Pathfinder Awards in 1995 for launching The New York Restaurant Show, Buildings Chicago and Buildings LA. 

Prior to joining Reed Elsevier’s office of the Controller in 1989, Mr. Caprio was employed at Henry Charles Wainwright investment group as a Senior Tax Accountant. In the 1980’s, he specialized in the preparation of 1120, 1065 and 1040 tax forms, and was also employed with the Internal Revenue Service from 1979- 1981. 

During the past 10 years, Mr. Caprio has been involved in numerous nonprofit philanthropic activities including: Fabricators & Manufacturers Association (FMA), Easton Learning Foundation, Easton Community Center, Easton Racquet Club, First Presbyterian Church of Fairfield, Omni Nano, FBI Citizen’s Academy, Villanova Alumni Recruitment Network and Easton Exchange Club. 

Mr. Caprio graduated from Villanova University with a Bachelor of Science in Accounting/MIS from the Villanova School of Business. He received an MBA/MPA from Fairleigh Dickinson University. 

In the spring of 2015, Mr. Caprio was appointed to Wichita State University's Applied Technology Acceleration Institute (ATAI) as a water and energy expert. In 2017 he was named Program Director of the Center for Digital Transformation at Pfeiffer University. Mr. Caprio was elected in November 2016 and serves as the Easton, Connecticut Registrar of Voters. 

Mon, 23 May 2022 19:36:00 -0500 en text/html https://www.clarkson.edu/beacon-leadership-council
Killexams : Yiorgos Mylonadis

Yiorgos is an Adjunct Professor of Strategy & Entrepreneurship at London Business School where he lectures senior executives and MBA students. Consulting assignments include keynote speeches and senior management meeting facilitation.

He specialises on business ecosystems, digital strategy, entrepreneurial communities, social enterprises, and methodologies for strategic thinking. After earning a Ph.D. from the Massachusetts Institute of Technology, he has held appointments on the faculties of the Wharton School of the University of Pennsylvania and the Athens Laboratory of Business Administration (ALBA) before joining London Business School in 2000 where he created Developing Strategy for Value Creation - the School’s first Executive Education Strategy Programme.

He has led large, multi-year advisory and teaching programmes for many firms including Nestle, IBM, Emirates, Oracle, GEA, Xstrata, Nokia, SKF, and Mars, among others. accurate engagements include senior leadership workshop with the British Council and Knauf. He has served as a Trustee of the Reload Greece Foundation.

Sun, 03 Apr 2022 08:11:00 -0500 en text/html https://www.london.edu/faculty-and-research/faculty-profiles/m/mylonadis-y
Killexams : Girls in Tech Celebrates 15 Years of Success in...
  • 100,000+ members in 40+ countries mark great strides since 2007, and the immense challenges that lay ahead in the fight to end the gender gap
  • Girls in Tech to mark the milestone at its annual conference on September 7th with keynote speeches from senior executives at Accenture, Edward Jones, Gap, IBM, McKesson, Okta, TIAA, Trend Micro, and Verizon

NASHVILLE, Tenn., Aug. 3, 2022 /PRNewswire/ -- Girls in Tech, a global nonprofit working to erase the gender gap in tech, is celebrating its 15th anniversary at its annual conference on September 7th in Nashville – a forum for executives from across the globe to gather and discuss industry trends, tricks of the trade, setbacks, triumphs, and life experiences uniquely tailored to women in technology.

Girls in Tech, a global nonprofit working to erase the gender gap in tech, celebrates its 15th anniversary

Founded in 2007 by CEO Adriana Gascoigne, Girls in Tech has grown into a global leader in the gender equality movement with 100,000+ women and allies in 56 cities, 42 countries and 6 continents. Among the organization's biggest achievements:

  • 15,000+ entrepreneurs funded, mentored and supported through the Startup Challenge, the organization's signature entrepreneurship pitch competition;
  • 100,000+ participants in the Girls in Tech Hackathon series, solving local and global problems;
  • 35,000+ participants in coding, design and startup bootcamps;
  • the recently launched "Next Generation of Public Sector and Service Leaders," a program to provide education and raise awareness of career opportunities in federal, state, and local governments.

The pandemic has disproportionately impacted women in the workplace, and many of the hard-fought gains in gender equality from the last 15 years are under threat. According to last year's Girls in Tech study "The Tech Workplace for Women in the Pandemic," 79% of women who have children in the household report feeling burned out, and more than one in four women report being sexually harassed in the workplace. The situation is even worse around the globe, with the World Economic Forum's Global Gender Gap Report finding that the pandemic has set women back so significantly that the gender gap isn't likely to be closed for more than 135 years.

The Girls in Tech community starts a new chapter this September 7th at its annual conference, featuring a dynamic selection of speakers with inspiring stories and practical insights to share. Keynote speakers include:

  • Jill Anderson, Principal, Technology Software Infrastructure at Edward Jones
  • Alvina Antar, Chief Information Officer at Okta
  • Debika Bhattacharya, Senior Vice President, 5G & Enterprise Solutions at Verizon
  • Latrise Brissett, Managing Director, Global IT, Business Operations at Accenture
  • Ruth Davis, Director of Call for Code, Worldwide Ecosystems at IBM
  • Wendy Harrington, Chief Data & Artificial Intelligence Officer at TIAA
  • Maria Lensing, Senior Vice President & Chief Technology Officer of Infrastructure Engineering & Operations at McKesson
  • Louise McEvoy, Vice President, US Channel Sales at Trend Micro
  • Heather Mickman, Chief Information Officer at Gap Inc.

"It's amazing to look back on the progress we've made in 15 years and the 100,000+ women and allies who are united for change, but the fight to end the gender gap in tech and beyond isn't going to get any easier," said Adriana Gascoigne, Founder and CEO, Girls in Tech. "This year's Girls in Tech Conference is going to feature some of the boldest and most successful women in technology delivering their unique visions for the road ahead."

The Girls in Tech Conference is sponsored by AWS, Banyan Labs, CDW, Comcast, Gap Inc, Guideware, Infoblox, Marsh, McKesson, McKinsey & Company, Nike, Okta, Pega, Trend Micro, Unstoppable Domains, and Verizon.

A full agenda for the Girls in Tech Conference can be found here.

About Girls in Tech

Girls in Tech is a global non-profit that works to erase the gender gap in tech. Today, every industry is a tech industry, with a need for people of all skills and backgrounds. We offer education and experiences to help people discover their unique superpower and hone it. We aim to see every person accepted, confident, and valued in tech—just as they are.

For more information, visit www.GirlsInTech.org or follow on Instagram, LinkedIn and Twitter.

Media Contact
Brad Chase
brad.chase@girlsintech.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/girls-in-tech-celebrates-15-years-of-success-in-narrowing-the-gender-gap-301598885.html

SOURCE Girls in Tech

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Wed, 03 Aug 2022 06:14:00 -0500 text/html https://www.benzinga.com/pressreleases/22/08/n28338406/girls-in-tech-celebrates-15-years-of-success-in-narrowing-the-gender-gap
Killexams : EdTech and Smart Classrooms Market Analysis by Size, Share, Key Players, Growth, Trends & Forecast 2027
EdTech and Smart Classrooms Market Analysis by Size, Share, Key Players, Growth, Trends & Forecast 2027

“Apple (US), Cisco (US), Blackboard (US), IBM (US), Dell EMC (US),Google (US), Microsoft (US), Oracle(US),SAP (Germany), Instructure(US).”

EdTech and Smart Classrooms Market by Hardware (Interactive Displays, Interactive Projectors), Education System Solution (LMS, TMS, DMS, SRS, Test Preparation, Learning & Gamification), Deployment Type, End User and Region – Global Forecast to 2027

MarketsandMarkets forecasts the global EdTech and Smart Classrooms Market to grow from USD 125.3 billion in 2022 to USD 232.9  billion by 2027, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period. The major factors driving the growth of the EdTech and smart classrooms market include increasing penetration of mobile devices and easy availability of internet, and growing demand for online teaching-learning models, impact of COVID-19 pandemic and growing need for EdTech solutions to keep education system running.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1066

Interactive Displays segment to hold the highest market size during the forecast period

Interactive displays helps to collaborate teaching with tech boost social learning. As per a study it has been discovered that frequent group activity in classrooms, often aided by technology, can result in 20% higher levels of social-emotional skill development. Students in these classes are also 13% more likely to feel confident contributing to class discussions. Interactive display encourages the real time collaboration. SMART Boards facilitate the necessary collaboration for students to develop these skills. Creating an audience response system on the interactive display allows students to use devices to participate in class surveys, quizzes, and games, and then analyse the results in real time. A large interactive whiteboard (IWB), also known as an interactive board or a smart board, is a large interactive display board in the shape of a whiteboard. It can be a standalone touchscreen computer used to perform tasks and operations on its own, or it can be a connectable apparatus used as a touchpad to control computers from a projector. They are used in a variety of settings, such as classrooms at all levels of education, corporate board rooms and work groups, professional sports coaching training rooms, broadcasting studios, and others.

Cloud deployment type to record the fastest growth rate during the forecast period

Technology innovation has provided numerous alternative solutions for businesses of all sizes to operate more efficiently. Cloud has emerged as a new trend in data centre administration. The cloud eliminates the costs of purchasing software and hardware, setting up and running data centres, such as electricity expenses for power and cooling of servers, and high-skilled IT resources for infrastructure management. Cloud services are available on demand and can be configured by a single person in a matter of minutes. Cloud provides dependability by storing multiple copies of data on different servers. The cloud is a potential technological creation that fosters change for its users. Cloud computing is an information technology paradigm that delivers computing services via the Internet by utilizing remote servers, database systems, networking, analytics, storage systems, software, and other digital facilities. Cloud computing has significant benefits for higher education, particularly for students transitioning from K-12 to university. Teachers can easily deliver online classes and engage their students in various programs and online projects by utilizing cloud technology in education. Cloud-based deployment refers to the hosted-type deployment of the game-based learning solution. There has been an upward trend in the deployment of the EdTech solution via cloud or dedicated data center infrastructure. The advantages of hosted deployment include reduced physical infrastructure, lower maintenance costs, 24×7 accessibility, and effective analysis of electronic business content. The cloud-based deployment of EdTech solution is crucial as it offers a flexible and scalable infrastructure to handle multiple devices and analyze ideas from employees, customers, and partners.

Request sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1066

Major EdTech and smart classrooms vendors include Apple (US), Cisco (US),  Blackboard (US), IBM (US), Dell EMC (US), Google (US), Microsoft (US), Oracle(US), SAP (Germany), Instructure(US). These market players have adopted various growth strategies, such as partnerships, agreements, and collaborations, and new product enhancements to expand their presence in the EdTech and smart classrooms market. Product enhancements and collaborations have been the most adopted strategies by major players from 2018 to 2020, which helped companies innovate their offerings and broaden their customer base.

A prominent player in the EdTech and smart classrooms market, Apple focuses on inorganic growth strategies such as partnerships, collaborations, and acquisitions. For instance, in August 2021 Apple launched Mobile Student ID through which students will be able to navigate campus and make purchases using mobile student IDs on the iPhone and Apple Watch. In July 2020 Apple partnered with HBCUs to offer innovative opportunities for coding to communities across the US. Apple deepened the partnership with an additional 10 HBCUs regional coding centers under its Community Education Initiative. The main objective of this partnership is to bring coding, creativity, and workforce development opportunities to learners of all ages. Apple offers software as well as hardware to empower educators with powerful products and tools. Apple offers several applications for K-12 education, including Schoolwork and Classroom. The company also offers AR in education to provide a better learning experience. Teaching tools helps to simplify teaching tasks with apps that make the classroom more flexible, collaborative, and personalized for each student. Apple has interactive guide that makes it easy to stay on task and organized while teaching remotely with iPad. The learning apps helps to manage schedules and screen time to minimize the distractions and also helps to create productive learning environments and make device set up easy for teachers and parents. Apple has various products, such as Macintosh, iPhone, iPad, wearables, and services. It has an intelligent software assistant named Siri, which has cloud-synchronized data with iCloud.

Blackboard has a vast product portfolio with diverse offerings across four divisions: K-12, higher education, government, and business. Under the K-12 division, the company offers products such as LMS, Synchronous Collaborative Learning, Learning Object Repository, Web Community Manager, Mass Notifications, Mobile Communications Application, Teacher Communication, Social Media Manager, and Blackboard Ally. Its solutions include Blackboard Classroom, Collaborate Starter, and Personalized Learning. Blackboard’s higher education division products include Blackboard Learn, Blackboard Collaborate, Analytics for Learn, Blackboard Intelligence, Blackboard Predict, Outcomes and Assessments, X-ray for Learning Analytics, Blackboard Connect, Blackboard Instructor, Moodlerooms, Blackboard Transact, Blackboard Ally, and Blackboard Open Content. The company also provides services, such as student pathway services, marketing, and recruiting, help desk services, enrollment management, financial aid and student services, engagement campaigns, student retention, training and implementation services, strategic consulting, and analytics consulting services. Its teaching and learning solutions include LMS, education analytics, web conferencing, mobile learning, open-source learning, training and implementation, virtual classroom, and competency-based education. Blackboard also offers campus enablement solutions such as payment solutions, security solutions, campus store solutions, and transaction solutions. Under the government division, it offers solutions such as LMS, registration and reporting, accessibility, collaboration and web conferencing, mass notifications and implementation, and strategic consulting. The company has launched Blackboard Unite on April 2020 for K-12. This solution compromises a virtual classroom, learning management system, accessibility tool, mobile app, and services and implementation kit to help emote learning efforts.

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Fri, 22 Jul 2022 11:15:00 -0500 GetNews en-US text/html https://www.digitaljournal.com/pr/edtech-and-smart-classrooms-market-analysis-by-size-share-key-players-growth-trends-forecast-2027
Killexams : Easdales consider appeal to ministers over £100m plan for IBM site

MILLIONAIRE brothers James and Sandy Easdale are considering an appeal to Scottish ministers over a £100 million housing development bid following a dispute with a council.

The two businessmen submitted a detailed application more than two years ago to build 450 homes at the site of the former IBM plant in Greenock.

They also planned to develop the site at Spango Valley for leisure, community and retail use and said the project would create with the potential to create 130 jobs through the construction phase and a further 300 jobs upon completion. 

However, ahead of the proposals being heard by members of Inverclyde Council's planning board in January, officials recommended that the greenlight should only be given to 270 of the properties - 60 per cent of the development.

Part of the justification given by officials for limiting the number of properties was concerns over capacity issues at the a local Catholic school.

A report to the planning board by Inverclyde Council’s interim director of planning and regeneration said there were no objections to the development on education grounds, though the local Catholic high school had “some capacity issues”.

It said: “Education – no objections. It is advised that the development is within the catchment of St Columba’s High School, which is currently experiencing some capacity pressure.

“However, education services assessment, based on currently available information, is that the school estate will be able to accommodate additional pupils from this development in the future.”

The report added: “After careful consideration, the conclusion reached is therefore again that in order to protect its interests including realisation of the wider Spango Valley Priority Place development, and to take full cognisance of the potential impact on the capacity of the denominational secondary school, the council has to control, via condition, the number of residential units on the application site to the previously mentioned maximum figure of 270.”

Sources close to the Easdales said they were not informed of the housing limits when they submitted the proposals and if they had been they would not have lodged them. They said the lower number of houses did not make the development viable and have previously threatened to sue the council to recover their costs.

The planning board meeting scheduled to make the decision was then postponed until March to allow members to get more information about the application and the controversies surrounding it. In the end councillors narrowly voted to approve the development with the officials's recommendation for 270 dwellings.

But the Easdales brothers, who submitted the application with Advance Construction, want the full complement of 450 homes built in the development.

Asked by the Herald if the businessmen were considering an appeal to the Scottish Government, a source close to them said: "Yes it is high on their agenda."

The Easdale’s adviser Jack Irvine said: "Sandy and James Easdale will explore very avenue on this matter."

He added: “First Minister Nicola Sturgeon has said Scotland needs 100,000 new homes in the next decade. Local councillors have a very perverse approach to her wishes.” 

Last month industry body Homes for Scotland (HFS) warned that the country is suffering from a chronic housing shortage of about 100,000 new homes.

HFS said the lack of new housing is a result of a “consistent undersupply” over more than a decade.

The group represents 200 member organisations with an aim to deliver more homes for the country.

It has called on the Scottish Government for a target of at least 25,000 new homes per year – the minimum quantity the group believes is needed to meet with current demand.

A spokesman for Inverclyde Council said: “An application for planning permission in principle was approved at a meeting of the planning board on 2 March 2022 for a maximum of 270 houses to be built on the site.

“As is the case with all planning applications, applicants have the right to appeal to the Scottish Government within three months."

Last week the Easdale brothers unveiled plans for a £20 million development of an old Glasgow department store, which they hope to turn into a boutique hotel.

The brothers, the owners of McGills Buses, have submitted plans to Glasgow City Council for the redevelopment of the Watt Brothers store, which they said could be a “stepping stone” towards restoring Glasgow as a “great shopping and leisure centre”.

The former shop, on the corner of Bath Street and Sauchiehall Street has been empty since Watt Brothers went into administration in 2019.

Now, after reaching a deal with administrators at KPMG, the two brothers hope to turn the art-deco style building into a boutique hotel, complete with luxury residences and a shopping complex.

Architect Douglas McConville of Silverfern Consultancy has drawn up plans for the listed building, which dates back to 1914, aiming to restore and enhance historic features.

Sandy Easdale said: “We wanted a classy design that would maximise the use of the huge site but would not compromise the unique character of the original building.”

The majority of planning appeals to Scottish ministers are decided by an independent reporter from the Planning and Environmental Appeals Division of the Scottish Government.

The reporter is required to make a decision on the planning merits of the case and in accordance with the development plan, unless material considerations indicate otherwise. 

The reporter will take account of submissions made by all parties, including from members of the local community.

In the financial year 2020-21, Scottish Government reporters issued 135 appeal decisions, granting permission on almost 50 per cent of cases.

The technology firm IBM built its first factory in Spango Valley, Greenock, in 1951, initially manufacturing typewriters, printers and other office equipment.

Four decades later the plant started to produce personal computers. The company continued to evolve and expand along the valley through the 1960s, 1970s and 1980s, and was a major employer in the region.

However, operations began to decline from the late 1990s as they were relocated to other locations  across the globe, and the factory was subsequently closed. IBM retain a presence in Greenock with a client centre within the Pottery Street Business Park.

Since closure, the IBM facility at Spango Valley has been demolished and the site cleared.

Sat, 30 Apr 2022 16:05:00 -0500 en text/html https://www.heraldscotland.com/politics/20105039.easdales-consider-appeal-ministers-100m-plan-ibm-site/
Killexams : Cybersecurity - what’s the real cost? Ask IBM
(Pixabay)

Cybersecurity has always been a concern for every type of organization. Even in normal times, a major breach is more than just the data economy’s equivalent of a ram-raid on Fort Knox; it has knock-on effects on trust, reputation, confidence, and the viability of some technologies. This is what IBM calls the “haunting effect”.

A successful attack breeds more, of course, both on the same organization again, and on others in similar businesses, or in those that use the same compromised systems. The unspoken effect of this is rising costs for everyone, as all enterprises are forced to spend money and time on checking if they have been affected too.

But in our new world of COVID-19, disrupted economies, climate change, remote working, soaring inflation, and looming recession, all such effects are all amplified. Throw in a war that’s hammering on Europe’s door (with political echoes across the Middle East and Asia) and it’s a wonder any of us can get out of bed in the morning.

So, what are the real costs of a successful cyberattack – not just hacks, viruses, and Trojans, but also phishing, ransomware, and concerted campaigns against supply chains and code repositories?

According to IBM’s latest annual survey, breach costs have risen by an unlucky 13% over the past two years, as attackers, which include hostile states, have probed the systemic and operational weaknesses exposed by the pandemic.

The global average cost of a data breach has reached an all-time high of $4.35 million – at least, among the 550 organizations surveyed by the Ponemon Institute for IBM Security (over a year from March 2021). Indeed, IBM goes so far as to claim that breaches may be contributing to the rising costs of goods and services. The survey states:

Sixty percent of studied organizations raised their product or services prices due to the breach, when the cost of goods is already soaring worldwide amid inflation and supply chain issues.

Incidents are also “haunting” organizations, says the company, with 83% having experienced more than one data breach, and with 50% of costs occurring more than a year after the successful attack.

Cloud maturity is a key factor, adds the report:

Forty-three percent of studied organizations are in the early stages [of cloud adoption] or have not started applying security practices across their cloud environments, observing over $660,000 in higher breach costs, on average, than studied organizations with mature security across their cloud environments.

Forty-five percent of respondents run a hybrid cloud infrastructure. This leads to lower average breach costs than among those operating a public- or private-cloud model: $3.8 million versus $5.02 million (public) and $4.24 million (private).

That said, those are still significant costs, and may suggest that complexity is what deters attackers, rather than having a single target to hit. Nonetheless, hybrid cloud adopters are able to identify and contain data breaches 15 days faster on average, says the report.

However, with 277 days being the average time lag – an extraordinary figure – the real lesson may be that today’s enterprise systems are adept at hiding security breaches, which may appear as normal network traffic. Forty-five percent of breaches occurred in the cloud, says the report, so it is clearly imperative to get on top of security in that domain.

IBM then makes the following bold claim :

Participating organizations fully deploying security AI and automation incurred $3.05 million less on average in breach costs compared to studied organizations that have not deployed the technology – the biggest cost saver observed in the study.

Whether this finding will stand for long as attackers explore new ways to breach automated and/or AI-based systems – and perhaps automate attacks of their own invisibly – remains to be seen. Compromised digital employee, anyone?

Global systems at risk

But perhaps the most telling finding is that cybersecurity has a political dimension – beyond the obvious one of Russian, Chinese, North Korean, or Iranian state incursions, of course.

Concerns over critical infrastructure and global supply chains are rising, with threat actors seeking to disrupt global systems that include financial services, industrial, transportation, and healthcare companies, among others.

A year ago in the US, the Biden administration issued an Executive Order on cybersecurity that focused on the urgent need for zero-trust systems. Despite this, only 21% of critical infrastructure organizations have so far adopted a zero-trust security model, according to the report. It states:

Almost 80% of the critical infrastructure organizations studied don’t adopt zero-trust strategies, seeing average breach costs rise to $5.4 million – a $1.17 million increase compared to those that do. All while 28% of breaches among these organizations were ransomware or destructive attacks.

Add to that, 17% of breaches at critical infrastructure organizations were caused due to a business partner being initially compromised, highlighting the security risks that over-trusting environments pose.

That aside, one of the big stories over the past couple of years has been the rise of ransomware: malicious code that locks up data, enterprise systems, or individual computers, forcing users to pay a ransom to (they hope) retrieve their systems or data.

But according to IBM, there are no obvious winners or losers in this insidious practice. The report adds:

Businesses that paid threat actors’ ransom demands saw $610,000 less in average breach costs compared to those that chose not to pay – not including the ransom amount paid.

However, when accounting for the average ransom payment – which according to Sophos reached $812,000 in 2021 – businesses that opt to pay the ransom could net higher total costs, all while inadvertently funding future ransomware attacks.”

The persistence of ransomware is fuelled by what IBM calls the “industrialization of cybercrime”.

The risk profile is also changing. Ransomware attack times show a massive drop of 94% over the past three years, from over two months to just under four days. Good news? Not at all, says the report, as the attacks may be higher impact, with more immediate consequences (such as destroyed data, or private data being made public on hacker forums).

My take

The key lesson in cybersecurity today is that all of us are both upstream and downstream from partners, suppliers, and customers in today’s extended enterprises. We are also at the mercy of reused but compromised code from trusted repositories, and even sometimes from hardware that has been compromised at source.

So, what is the answer? Businesses should ensure that their incident responses are tested rigorously and frequently in advance – along with using red-, blue-, or purple-team approaches (thinking like a hacker, a defender, or both).

Regrettably, IBM says that 37% of organizations that have IR plans in place fail to test them regularly. To paraphrase Spinal Tap, you can’t code for stupid.

Wed, 27 Jul 2022 12:00:00 -0500 BRAINSUM en text/html https://diginomica.com/cybersecurity-whats-real-cost-ask-ibm
Killexams : Data-centric Security Market growth, business opportunities, share value, key insights and size estimation by 2027

"Informatica (US), IBM (US), Broadcom (US), Micro Focus (US), Varonis Systems (US), Talend (US), Orange Cyberdefense (France), Forcepoint (US), Imperva (US), NetApp (US), Infogix (US), PKWARE (US), Seclore (US), Fasoo (South Korea), Protegrity (US), Egnyte (US), Netwrix (US), Digital Guardian (US), HelpSystems (US), BigID (US), Securiti (US), SecuPi (US)."

Data-centric Security Market by Component (Software and Solutions and Professional Services), Deployment Mode (Cloud and On-premises), Organization Size, Vertical (Government and Defense, Healthcare, Telecommunications) Region - Global Forecast to 2027

MarketsandMarkets forecasts the global Data-centric Security Market size is projected to grow from an estimated value of USD 4.2 billion in 2022 to USD 12.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 23.9% from 2022 to 2027. Increasing demand for data-centric security solutions for cloud-based data security; stringent compliances and regulations; and increasing risk on enterprise data due to exploitation of big data analytics, machine learning, and artificial intelligence is driving the growth of data-centric security market across the globe.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1504980

By component, the services segment to register the highest growth rate during the forecast period

Based on component, data-centric security services have witnessed a growing demand in accurate years. The services segment includes various services that are required to deploy, execute, and maintain data-centric security platforms in organizations. Enterprises need support from service providers to enhance their data management, policy control, auditing & reporting, data protection, and for maintaining the governance over various silos. Professional service providers help enterprises in deploying data centric security software and solutions and managing all the queries in the product life cycle.

The professional services are offered through professionals, specialists, or experts to support the business. These services include consulting, designing and development and implementation, and support services. The latest techniques, strategies, and skills adopted by the professionals are said to be helping organizations in adopting data centric security features. They also offer customized implementation and risk assessment and assist with the deployment via industry-defined best practices.

With the increasing demand for data-centric security solutions in high-growth markets such as APAC and MEA, there is a significant demand for training and education services to spread awareness about various data-centric security solutions.

Based on organization size, the SMEs segment to grow at the highest CAGR during the forecast period

By organization size, the data centric security market is sub-segmented into large enterprises and SMEs. SMEs use data centric security solutions to reduce data fraud while enhancing the customer experience. The growing usage of mobile devices has influenced the data transfer over business networks to personal devices, such as mobile phones and laptops. Hence, this helps in increasing the fraudulent data, cyberattacks, data losses, and threat of personal data thefts. These rising security issues have made way for SMEs to focus their concerns on data centric security. Although, SMEs have to consider their limited budget, the comprehension of corporate information being an important consideration, makes them use data discovery and classification, data protection, and data governance solutions. Moreover, these solutions are available at economical pricing in the cloud deployment type. In the coming years, data centric security solutions are expected to witness high adoption among SMEs, all over the region.

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What is data-centric security?

According to MarketsandMarkets, data-centric security is the process of protecting and shielding the data itself with the help of data discovery and classification, data protection and data governance, rather than protecting data containers, or system network, and perimeter security.

Competitive overview:

The data-centric security market is led by some of the globally established players such as Informatica (US), IBM (US), Broadcom (US), Micro Focus (US), Orange Cyberdefense (France), Forcepoint (US), and others. These players have adopted various growth strategies such as partnerships, agreements, collaboration, acquisitions, and product developments to increase their market presence.

IBM is renowned for its leading solutions in the data-centric security market. Today, IBM Cloud is known as the most open, secure, and reliable public cloud for business. IBM believes in leveraging data protection capabilities to secure data, achieve continuous security for enterprise applications and workloads with built-in isolation, access management, and integrated security posture.

IBM caters to a wide customer base spread globally. It is actively intensifying its position in the market through the organic strategy of new product launches. The company aims at satisfying its customers as per the changing market dynamics. This ability to innovate and respond to clients with correct information at the right time has enabled IBM to grow in the market. Therefore, IBM focuses on strengthening its position through strategic organic investments and acquisitions, broadening its technical expertise, and integrating AI with its offerings. It has transformed into a more agile enterprise to drive innovation and speed and help drive productivity that supports investments for participation in markets. The strong presence across the globe is one of the key factors leading to a good market share in the data-centric security market.

Apart from large and SME players, start-ups such as SecuPi, SealPath, Nucleus Cyber, Dathena, among others are also evolving in the data-centric security market space.

Another important player in the data-centric security market space is Broadcom which is a global technology company that develops semiconductor and infrastructure software solutions. In November 2019, Broadcom acquired Symantec’s Enterprise Security business for USD 10.7 billion. Broadcom’s products in the cybersecurity space include - Integrated Cyber Defense (ICD), endpoint security, network security, identity security, API security, and information security. Broadcom has a presence across Asia Pacific, the Americas, and EMEA countries. In the data-centric security market space, its Mainframe Compliance and Data Protection solution locates and protects sensitive and PII data to identify risk and ensure compliance. It also monitors system events to identify and proactively respond to potential risks and bad actors.

According to MnM’s market evaluation framework, most vendors in the data-centric security opt for inorganic growth strategies to maintain their competitive position in the market. The number of deals including partnerships, acquisitions, collaborations, and alliances increased by around 40-45% relatively in the period of 2020-2021. Due to the COVID-19 outbreak, there was a sudden decline in product launches, product enhancements, and business expansion activities. However, from 2022 onward, companies are expected to adopt organic growth strategies to provide data-centric security solutions and services to end users.

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Killexams : IBM Report: Consumers Pay the Price as Data Breach Costs Reach All-Time High

60% of breached businesses raised product prices post-breach; vast majority of critical infrastructure lagging in zero trust adoption; $550,000 in extra costs for insufficiently staffed businesses

CAMBRIDGE, Mass., July 27, 2022 /PRNewswire/ -- IBM (NYSE: IBM) Security today released the annual Cost of a Data Breach Report,1 revealing costlier and higher-impact data breaches than ever before, with the global average cost of a data breach reaching an all-time high of $4.35 million for studied organizations. With breach costs increasing nearly 13% over the last two years of the report, the findings suggest these incidents may also be contributing to rising costs of goods and services. In fact, 60% of studied organizations raised their product or services prices due to the breach, when the cost of goods is already soaring worldwide amid inflation and supply chain issues.

60% of breached businesses studied stated they increased the price of their products or services due to the data breach

The perpetuality of cyberattacks is also shedding light on the "haunting effect" data breaches are having on businesses, with the IBM report finding 83% of studied organizations have experienced more than one data breach in their lifetime. Another factor rising over time is the after-effects of breaches on these organizations, which linger long after they occur, as nearly 50% of breach costs are incurred more than a year after the breach.

The 2022 Cost of a Data Breach Report is based on in-depth analysis of real-world data breaches experienced by 550 organizations globally between March 2021 and March 2022. The research, which was sponsored and analyzed by IBM Security, was conducted by the Ponemon Institute.

Some of the key findings in the 2022 IBM report include:

  • Critical Infrastructure Lags in Zero Trust – Almost 80% of critical infrastructure organizations studied don't adopt zero trust strategies, seeing average breach costs rise to $5.4 million – a $1.17 million increase compared to those that do. All while 28% of breaches amongst these organizations were ransomware or destructive attacks.
  • It Doesn't Pay to Pay – Ransomware victims in the study that opted to pay threat actors' ransom demands saw only $610,000 less in average breach costs compared to those that chose not to pay – not including the cost of the ransom. Factoring in the high cost of ransom payments, the financial toll may rise even higher, suggesting that simply paying the ransom may not be an effective strategy.
  • Security Immaturity in Clouds – Forty-three percent of studied organizations are in the early stages or have not started applying security practices across their cloud environments, observing over $660,000 on average in higher breach costs than studied organizations with mature security across their cloud environments.
  • Security AI and Automation Leads as Multi-Million Dollar Cost Saver – Participating organizations fully deploying security AI and automation incurred $3.05 million less on average in breach costs compared to studied organizations that have not deployed the technology – the biggest cost saver observed in the study.

"Businesses need to put their security defenses on the offense and beat attackers to the punch. It's time to stop the adversary from achieving their objectives and start to minimize the impact of attacks. The more businesses try to perfect their perimeter instead of investing in detection and response, the more breaches can fuel cost of living increases." said Charles Henderson, Global Head of IBM Security X-Force. "This report shows that the right strategies coupled with the right technologies can help make all the difference when businesses are attacked."

Over-trusting Critical Infrastructure Organizations
Concerns over critical infrastructure targeting appear to be increasing globally over the past year, with many governments' cybersecurity agencies urging vigilance against disruptive attacks. In fact, IBM's report reveals that ransomware and destructive attacks represented 28% of breaches amongst critical infrastructure organizations studied, highlighting how threat actors are seeking to fracture the global supply chains that rely on these organizations. This includes financial services, industrial, transportation and healthcare companies amongst others.

Despite the call for caution, and a year after the Biden Administration issued a cybersecurity executive order that centers around the importance of adopting a zero trust approach to strengthen the nation's cybersecurity, only 21% of critical infrastructure organizations studied adopt a zero trust security model, according to the report. Add to that, 17% of breaches at critical infrastructure organizations were caused due to a business partner being initially compromised, highlighting the security risks that over-trusting environments pose.

Businesses that Pay the Ransom Aren't Getting a "Bargain"
According to the 2022 IBM report, businesses that paid threat actors' ransom demands saw $610,000 less in average breach costs compared to those that chose not to pay – not including the ransom amount paid. However, when accounting for the average ransom payment, which according to Sophos reached $812,000 in 2021, businesses that opt to pay the ransom could net higher total costs - all while inadvertently funding future ransomware attacks with capital that could be allocated to remediation and recovery efforts and looking at potential federal offenses.

The persistence of ransomware, despite significant global efforts to impede it, is fueled by the industrialization of cybercrime. IBM Security X-Force discovered the duration of studied enterprise ransomware attacks shows a drop of 94% over the past three years – from over two months to just under four days. These exponentially shorter attack lifecycles can prompt higher impact attacks, as cybersecurity incident responders are left with very short windows of opportunity to detect and contain attacks. With "time to ransom" dropping to a matter of hours, it's essential that businesses prioritize rigorous testing of incident response (IR) playbooks ahead of time. But the report states that as many as 37% of organizations studied that have incident response plans don't test them regularly.

Hybrid Cloud Advantage
The report also showcased hybrid cloud environments as the most prevalent (45%) infrastructure amongst organizations studied. Averaging $3.8 million in breach costs, businesses that adopted a hybrid cloud model observed lower breach costs compared to businesses with a solely public or private cloud model, which experienced $5.02 million and $4.24 million on average respectively. In fact, hybrid cloud adopters studied were able to identify and contain data breaches 15 days faster on average than the global average of 277 days for participants.

The report highlights that 45% of studied breaches occurred in the cloud, emphasizing the importance of cloud security. However, a significant 43% of reporting organizations stated they are just in the early stages or have not started implementing security practices to protect their cloud environments, observing higher breach costs2. Businesses studied that did not implement security practices across their cloud environments required an average 108 more days to identify and contain a data breach than those consistently applying security practices across all their domains.

Additional findings in the 2022 IBM report include:

  • Phishing Becomes Costliest Breach Cause – While compromised credentials continued to reign as the most common cause of a breach (19%), phishing was the second (16%) and the costliest cause, leading to $4.91 million in average breach costs for responding organizations.
  • Healthcare Breach Costs Hit Double Digits for First Time Ever– For the 12th year in a row, healthcare participants saw the costliest breaches amongst industries with average breach costs in healthcare increasing by nearly $1 million to reach a record high of $10.1 million.
  • Insufficient Security Staffing – Sixty-two percent of studied organizations stated they are not sufficiently staffed to meet their security needs, averaging $550,000 more in breach costs than those that state they are sufficiently staffed.

Additional Sources

  • To download a copy of the 2022 Cost of a Data Breach Report, please visit: https://www.ibm.com/security/data-breach.
  • Read more about the report's top findings in this IBM Security Intelligence blog.
  • Sign up for the 2022 IBM Security Cost of a Data Breach webinar on Wednesday, August 3, 2022, at 11:00 a.m. ET here.
  • Connect with the IBM Security X-Force team for a personalized review of the findings: https://ibm.biz/book-a-consult.

About IBM Security
IBM Security offers one of the most advanced and integrated portfolios of enterprise security products and services. The portfolio, supported by world-renowned IBM Security X-Force® research, enables organizations to effectively manage risk and defend against emerging threats. IBM operates one of the world's broadest security research, development, and delivery organizations, monitors 150 billion+ security events per day in more than 130 countries, and has been granted more than 10,000 security patents worldwide. For more information, please check www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

Press Contact:

IBM Security Communications
Georgia Prassinos
gprassinos@ibm.com

1 Cost of a Data Breach Report 2022, conducted by Ponemon Institute, sponsored, and analyzed by IBM
2 Average cost of $4.53M, compared to average cost $3.87 million at participating organizations with mature-stage cloud security practices

IBM Corporation logo. (PRNewsfoto/IBM)

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SOURCE IBM

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Killexams : IBM-owned SXiQ delivers migration for Bega Cheese following acquisition of rival dairy giant Lion Dairy and Drinks

IBM-owned, Melbourne-based cloud integrator SXiQ has completed migration services for Bega Cheese as part of its $560 million acquisition of rival dairy giant Lion Dairy & Drinks.

Bega bought Lion Dairy & Drinks in late 2020, which owns brands, such as Dairy Farmers, Yoplait, Big M, Dare, Masters, Juice Brothers, Daily Juice,  and Farmers Union iced coffee.

Bega Cheese chief information officer Zack Chisholm said in a statement that the Vegemite owner required Lion Dairy & Drinks’ applications, data and processes to be transitioned into its existing and expanded infrastructure.

Chisholm said that infrastructure migration and transition of 31 physical sites performing production, distribution and administration duties, had to be completed within a 12-month window with minimal disruption to the operations of both businesses. 

Bega Cheese’s IT team partnered with SXiQ on end-state design, migration planning and execution for several parts of the project - such as migration of applications, databases and associated backups, implementation of prod and non-prod AWS accounts and a landing zone to house all LD&D workloads. The work also included implementation of a continuous integration and continuous deployment toolset and workflow built on CloudFormation, Ansible, Jenkins and GitLab.

SXiQ said it also assisted Bega Cheese’s IT team with cloud cost optimisation strategies for efficient consumption of cloud resources to support the newly acquired business, and uplifting the cloud ops team to ensure Bega Cheese IT incorporated true DevSecOps into its core capability to support the new platform.

SXiQ chief executive officer John Hanna said, “our experts executed deep analysis, strategic thinking, and detailed planning to ensure the successful migration of Lion to Bega Cheese’s existing infrastructure.”

“By uplifting infrastructure, cloud management tooling and practices, SXiQ has enhanced management of Bega Cheese’s cloud assets, improving consistency, security and reducing time to deploy cloud infrastructure in the future.” 

Global tech giant IBM acquired SXiQ late last year for an undisclosed sum to bolster its Consulting’s Hybrid Cloud Services business’ Amazon Web Services and Microsoft Azure consulting capabilities.

Wed, 03 Aug 2022 00:04:00 -0500 text/html https://www.crn.com.au/news/ibm-owned-sxiq-delivers-migration-for-bega-cheese-following-acquisition-of-rival-dairy-giant-lion-dairy-and-drinks-583545
Killexams : Consumers Pay The Price As Data Breach Costs Reach All-Time High: IBM Report No result found, try new keyword!IBM Security today released the annual Cost ... Despite the call for caution, and a year after the Biden Administration issued a cybersecurity executive order that centers around the importance ... Tue, 26 Jul 2022 12:00:00 -0500 https://www.businessworld.in/article/Consumers-Pay-The-Price-As-Data-Breach-Costs-Reach-All-Time-High-IBM-Report/27-07-2022-439052/
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