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Last week, after IBM’s report of positive quarterly earnings, CEO Arvind Krishna and CNBC’s Jim Cramer shared their frustration that IBM’s stock “got clobbered.” IBM’s stock price immediately fell by10%, while the S&P500 remained steady (Figure 1)

While a five-day stock price fluctuation is by itself meaningless, questions remain about the IBM’s longer-term picture. “These are great numbers,” declared Krishna.

“You gave solid revenue growth and solid earnings,” Cramer sympathized. “You far exceeded expectations. Maybe someone is changing the goal posts here?”

The Goal Posts To Become A Digital Winner

It is also possible that Krishna and Cramer missed where today’s goal posts are located. Strong quarterly numbers do not a digital winner make. They may induce the stock market to regard a firm as a valuable cash cow, like other remnants of the industrial era. But to become a digital winner, a firm must take the kind of steps that Satya Nadella took at Microsoft to become a digital winner: kill its dogs, commit to a mission of customer primacy, identify real growth opportunities, transform its culture, make empathy central, and unleash its agilists. (Figure 2)

Since becoming CEO, Nadella has been brilliantly successful at Microsoft, growing market capitalization by more than a trillion dollars.

Krishna’s Two Years As CEO

Krishna has been IBM CEO since April 2020. He began his career at IBM in 1990, and had been managing IBM’s cloud and research divisions since 2015. He was a principal architect of the Red Hat acquisition.

They are remarkable parallels between the careers of Krishna and Nadella.

· Both are Indian-American engineers, who were born in India.

· Both worked at the firm for several decades before they became CEOs.

· Prior to becoming CEOs, both were in charge of cloud computing.

Both inherited companies in trouble. Microsoft was stagnating after CEO Steve Ballmer, while IBM was also in rapid decline, after CEO Ginny Rometty: the once famous “Big Blue” had become known as a “Big Bruise.”

Although it is still early days in Krishna’s CEO tenure, IBM is under-performing the S&P500 since he took over (Figure 3).

More worrying is the fact that Krishna has not yet completed the steps that Nadella took in his first 27 months. (Figure 1).

1. Jettison Losing Baggage

Nadella wrote off the Nokia phone and declared that IBM would no longer sell its flagship Windows as a business. This freed up energy and resources to focus on creating winning businesses.

By contrast, Krishna has yet to jettison, IBM’s most distracting baggage:

· Commitment to maximizing shareholder value (MSV): For the two prior decades, IBM was the public champion of MSV, first under CEO Palmisano 2001-2011, and again under Rometty 2012-2020—a key reason behind IBM’s calamitous decline (Figure 2) Krishna has yet to explicitly renounce IBM’s MSV heritage.

· Top-down bureaucracy: The necessary accompaniment of MSV is top-down bureaucracy, which flourished under CEOs Palmisano and Rometty. Here too, bureaucratic processes must be explicitly eradicated, otherwise they become permanent weeds.

· The ‘Watson problem’: IBM’s famous computer, Watson, may have won ‘Jeopardy!’ but it continues to have problems in the business marketplace. In January 2022, IBM reported that it had sold Watson Health assets to an investment firm for around $1 billion, after acquisitions that had cost some $4 billion. Efforts to monetize Watson continue.

· Infrastructure Services: By spinning off its Cloud computing business as a publicly listed company (Kyndryl), IBM created nominal separation, but Kyndryl immediately lost 57% of its share value.

· Quantum Computing: IBM pours resources into research on quantum computing and touts its potential to revolutionize computing. However unsolved technical problems of “decoherence” and “entanglement” mean that any meaningful benefits are still some years away.

· Self-importance: Perhaps the heaviest baggage that IBM has yet to jettison is the over-confidence reflected in sales slogans like “no one ever got fired for hiring IBM”. The subtext is that firms “can leave IT to IBM” and that the safe choice for any CIO is to stick with IBM. It’s a status quo mindset—the opposite of the clients that IBM needs to attract.

2. Commit To A Clear Customer-Obsessed Mission

At the outset of his tenure as CEO of Microsoft, Nadella spent the first nine months getting consensus on a simple customer-driven mission statement.

Krishna did write at the end of the letter to staff on day one as CEO, and he added at the end:“Third, we all must be obsessed with continually delighting our clients. At every interaction, we must strive to offer them the best experience and value. The only way to lead in today’s ever-changing marketplace is to constantly innovate according to what our clients want and need.” This would have been more persuasive if it had come at the beginning of the letter, and if there had been stronger follow-up.

What is IBM’s mission? No clear answer appears from IBM’s own website. The best one gets from About IBM is the fuzzy do-gooder declaration: “IBMers believe in progress — that the application of intelligence, reason and science can Excellerate business, society and the human condition.” Customer primacy is not explicit, thereby running the risk that IBM’s 280,000 employees will assume that the noxious MSV goal is still in play.

3. Focus On Major Growth Opportunities

At Microsoft, Nadella dismissed competing with Apple on phones or with Google on Search. He defined the two main areas of opportunity—mobility and the cloud.

Krishna has identified the Hybrid Cloud and AI as IBM’s main opportunities. Thus, Krishna wrote in his newsletter to staff on day one as CEO: “Hybrid cloud and AI are two dominant forces driving change for our clients and must have the maniacal focus of the entire company.”

However, both fields are now very crowded. IBM is now a tiny player in Cloud in comparison to Amazon, Microsoft, and Google. In conversations, Krishna portrays IBM as forging working partnerships with the big Cloud players, and “integrating their offerings in IBM’s hybrid Cloud.” One risk here is whether the big Cloud players will facilitate this. The other risk is that IBM will attract only lower-performing firms that use IBM as a crutch so that they can cling to familiar legacy programs.

4. Address Culture And The Importance Of Empathy Upfront

At Microsoft, Nadella addressed culture upfront, rejecting Microsoft’s notoriously confrontational culture, and set about instilling a collaborative customer-driven culture throughout the firm.

Although Krishna talks openly to the press, he has not, to my knowledge, frontally addressed the “top-down” “we know best” culture that prevailed in IBM under his predecessor CEOs. He has, to his credit, pledged “neutrality” with respect to the innovative, customer-centric Red Hat, rather than applying the “Blue washing” that the old IBM systematically applied to its acquisitions to bring them into line with IBM’s top-down culture, and is said to have honored its pledge—so far. But there is little indication that IBM is ready to adopt Red Hat’s innovative culture for itself. It is hard to see these two opposed cultures remain “neutral” forever. Given the size differential between IBM and Red Hat, the likely winner is easy to predict, unless Krishna makes a more determined effort to transform IBM’s culture.

5. Empower The Hidden Agilists

As in any large tech firm, when Nadella and Krishna took over their respective firms, there were large hidden armies of agilists waiting in the shadows but hamstrung by top-down bureaucracies. At Microsoft, Nadella’s commitment to “agile, agile, agile” combined with a growth mindset, enabled a fast start.. At IBM, if Krishna has any passion for Agile, it has not yet shared it widely.

Bottom Line

Although IBM has made progress under Krishna, it is not yet on a path to become a clear digital winner.

And read also:

Is Your Firm A Cash-Cow Or A Growth-Stock?

Why Companies Must Learn To Discuss The Undiscussable

Sun, 24 Jul 2022 12:00:00 -0500 Steve Denning en text/html https://www.forbes.com/sites/stevedenning/2022/07/25/how-ibm-could-become-a-digital-winner/
Killexams : Three Common Mistakes That May Sabotage Your Security Training

Phishing incidents are on the rise. A report from IBM shows that phishing was the most popular attack vector in 2021, resulting in one in five employees falling victim to phishing hacking techniques.

The Need for Security Awareness Training

Although technical solutions protect against phishing threats, no solution is 100% effective. Consequently, companies have no choice but to involve their employees in the fight against hackers. This is where security awareness training comes into play.

Security awareness training gives companies the confidence that their employees will execute the right response when they discover a phishing message in their inbox.

As the saying goes, "knowledge is power," but the effectiveness of knowledge depends heavily on how it is delivered. When it comes to phishing attacks, simulations are among the most effective forms of training because the events in training simulations directly mimic how an employee would react in the event of an actual attack. Since employees do not know whether a suspicious email in their inbox is a simulation or a real threat, the training becomes even more valuable.

Phishing Simulations: What does the training include?

It is critical to plan, implement and evaluate a cyber awareness training program to ensure it truly changes employee behavior. However, for this effort to be successful, it should involve much more than just emailing employees. Key practices to consider include:

  • Real-life phishing simulations.
  • Adaptive learning - live response and protection from actual cyberattacks.
  • Personalized training based on factors such as department, tenure, and cyber experience level.
  • Empowering and equipping employees with an always-on cybersecurity mindset.
  • Data-driven campaigns

Because employees do not recognize the difference between phishing simulations and real cyberattacks, it's important to remember that phishing simulations evoke different emotions and reactions, so awareness training should be conducted thoughtfully. As organizations need to engage their employees to combat the ever-increasing attacks and protect their assets, it is important to keep morale high and create a positive culture of cyber hygiene.

Three common phishing simulation mistakes.

Based on years of experience, cybersecurity firm CybeReady has seen companies fall into these common mistakes.

Mistake #1: Testing instead of educating

The approach of running a phishing simulation as a test to catch and punish "repeat offenders" can do more harm than good.

An educational experience that involves stress is counterproductive and even traumatic. As a result, employees will not go through the training but look for ways to circumvent the system. Overall, the fear-based "audit approach" is not beneficial to the organization in the long run because it cannot provide the necessary training over an extended period.

Solution #1: Be sensitive

Because maintaining positive employee morale is critical to the organization's well-being, provide positive just-in-time training.

Just-in-time training means that once employees have clicked on a link within the simulated attack, they are directed to a short and concise training session. The idea is to quickly educate the employee on their mistake and supply them essential tips on spotting malicious emails in the future.

This is also an opportunity for positive reinforcement, so be sure to keep the training short, concise, and positive.

Solution #2: Inform relevant departments.

Communicate with relevant stakeholders to ensure they are aware of ongoing phishing simulation training. Many organizations forget to inform relevant stakeholders, such as HR or other employees, that the simulations are being conducted. Learning has the best effect when participants have the opportunity to feel supported, make mistakes, and correct them.

Mistake #2: Use the same simulation for all employees

It is important to vary the simulations. Sending the same simulation to all employees, especially at the same time, is not only not instructive but also has no valid metrics when it comes to organizational risk.

The "warning effect" - the first employee to discover or fall for the simulation warns the others. This prepares your employees to respond to the "threat" by anticipating the simulation, thus bypassing the simulation and the training opportunity.

Another negative impact is social desirability bias, which causes employees to over-report incidents to IT without noticing them in order to be viewed more favorably. This leads to an overloaded system and the department IT.

This form of simulation also leads to inaccurate results, such as unrealistically low click-through rates and over-reporting rates. Thus, the metrics do not show the real risks of the company or the problems that need to be addressed.

Solution: Drip mode

Drip mode allows sending multiple simulations to different employees at different times. Certain software solutions can even do this automatically by sending a variety of simulations to different groups of employees. It's also important to implement a continuous cycle to ensure that all new employees are properly onboarded and to reinforce that security is important 24/7 - not just checking a box for minimum compliance.

Mistake #3: Relying on data from a single campaign

With over 3.4 billion phishing attacks per day, it's safe to assume that at least a million of them differ in complexity, language, approach, or even tactics.

Unfortunately, no single phishing simulation can accurately reflect an organization's risk. Relying on a single phishing simulation result is unlikely to provide reliable results or comprehensive training.

Another important consideration is that different groups of employees respond differently to threats, not only because of their vigilance, training, position, tenure, or even education level but because the response to phishing attacks is also contextual.

Solution: Implement a variety of training programs

Behavior change is an evolutionary process and should therefore be measured over time. Each training session contributes to the progress of the training. Training effectiveness, or in other words, an accurate reflection of actual organizational behavior change, can be determined after multiple training sessions and over time.

The most effective solution is to continuously conduct various training programs (at least once a month) with multiple simulations.

It is highly recommended to train employees according to their risk level. A diverse and comprehensive simulation program also provides reliable measurement data based on systematic behavior over time. To validate their efforts at effective training, organizations should be able to obtain a valid indication of their risk at any given point in time while monitoring progress in risk reduction.

Implement an effective phishing simulation program.

Creating such a program may seem overwhelming and time-consuming. That's why we have created a playbook of the 10 key practices you can use to create a simple and effective phishing simulation. Simply download the CybeReady Playbook or meet with one of our experts for a product demo and learn how CybeReady's fully automated security awareness training platform can help your organization achieve the fastest results with virtually zero effort IT.


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Wed, 03 Aug 2022 22:37:00 -0500 The Hacker News en text/html https://thehackernews.com/2022/08/three-common-mistakes-that-may-sabotage.html
Killexams : Astadia Publishes Mainframe to Cloud Reference Architecture Series

The guides leverage Astadia’s 25+ years of expertise in partnering with organizations to reduce costs, risks and timeframes when migrating their IBM mainframe applications to cloud platforms

BOSTON, August 03, 2022--(BUSINESS WIRE)--Astadia is pleased to announce the release of a new series of Mainframe-to-Cloud reference architecture guides. The documents cover how to refactor IBM mainframes applications to Microsoft Azure, Amazon Web Services (AWS), Google Cloud, and Oracle Cloud Infrastructure (OCI). The documents offer a deep dive into the migration process to all major target cloud platforms using Astadia’s FastTrack software platform and methodology.

As enterprises and government agencies are under pressure to modernize their IT environments and make them more agile, scalable and cost-efficient, refactoring mainframe applications in the cloud is recognized as one of the most efficient and fastest modernization solutions. By making the guides available, Astadia equips business and IT professionals with a step-by-step approach on how to refactor mission-critical business systems and benefit from highly automated code transformation, data conversion and testing to reduce costs, risks and timeframes in mainframe migration projects.

"Understanding all aspects of legacy application modernization and having access to the most performant solutions is crucial to accelerating digital transformation," said Scott G. Silk, Chairman and CEO. "More and more organizations are choosing to refactor mainframe applications to the cloud. These guides are meant to assist their teams in transitioning fast and safely by benefiting from Astadia’s expertise, software tools, partnerships, and technology coverage in mainframe-to-cloud migrations," said Mr. Silk.

The new guides are part of Astadia’s free Mainframe-to-Cloud Modernization series, an ample collection of guides covering various mainframe migration options, technologies, and cloud platforms. The series covers IBM (NYSE:IBM) Mainframes.

In addition to the reference architecture diagrams, these comprehensive guides include various techniques and methodologies that may be used in forming a complete and effective Legacy Modernization plan. The documents analyze the important role of the mainframe platform, and how to preserve previous investments in information systems when transitioning to the cloud.

In each of the IBM Mainframe Reference Architecture white papers, readers will explore:

  • Benefits, approaches, and challenges of mainframe modernization

  • Understanding typical IBM Mainframe Architecture

  • An overview of Azure/AWS/Google Cloud/Oracle Cloud

  • Detailed diagrams of IBM mappings to Azure/AWS/ Google Cloud/Oracle Cloud

  • How to ensure project success in mainframe modernization

The guides are available for download here:

To access more mainframe modernization resources, visit the Astadia learning center on www.astadia.com.

About Astadia

Astadia is the market-leading software-enabled mainframe migration company, specializing in moving IBM and Unisys mainframe applications and databases to distributed and cloud platforms in unprecedented timeframes. With more than 30 years of experience, and over 300 mainframe migrations completed, enterprises and government organizations choose Astadia for its deep expertise, range of technologies, and the ability to automate complex migrations, as well as testing at scale. Learn more on www.astadia.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220803005031/en/

Contacts

Wilson Rains, Chief Revenue Officer
Wilson.Rains@astadia.com
+1.877.727.8234

Wed, 03 Aug 2022 02:02:00 -0500 en-US text/html https://finance.yahoo.com/news/astadia-publishes-mainframe-cloud-reference-140000599.html
Killexams : Software Developer (Full Stack Java)

Opportunity Available!! Our well known client in the Automotive sector is looking to employ a Software Developer (Full Stack Java) to join their dynamic team in East London.
Job Description:

Technical Requirements:

Must be proficient in:

  • Full Stack JavaEE Developer

  • Java & JEE and working knowledge with IBM WebSphere server.

  • Comfortable in the relevant JEE standards: JSP, JPA, JTA, JMS, JAX-RS, CDI, ServletAPI, JavaScript and Springboot Framework.

  • Database knowledge required in SQL (DB2 / PostgreSQL).

  • Good knowledge of cloud-native software concepts: micro services, container-based runtimes, runtime logging and monitoring techniques and YAML Files.

  • Proficient in various code management and branching strategies (Git Flow, Feature Branching).

  • Proficient in Domain Driven design concepts.

  • Proficient in REST API design standards.

  • Extensive knowledgeable and experience in DevOps principles and impact on development lifecycles

Knowledge in:

  • Security

  • Service-Composition within Client

  • OIDC & OAuth2

  • Junit testing

  • IntelliJ and Eclipse

  • Git, GitHub & Jenkins

Non-Technical Requirements:

  • Strong time management skills and the ability to meet deadlines.

  • Familiar and comfortable with Agile terminology and teams.

  • Strong analytical and problem-solving skills.

  • Good communication skills.

  • A technical mind-set and analytical approach.

  • Great attention to detail.

  • Good leadership skills.

Job Requirements:

  • Minimum NQF 7 – BSC/BCom/BTech in Information Technology, Information Systems Engineering or Computer Science or relevant equivalent Knowledge and Experience

  • Minimum of 5 years’ experience in software development

Desired Skills:

  • Software Developer
  • Full Stack Java EE
  • Information Technology
  • Information Systems

Learn more/Apply for this position

Wed, 27 Jul 2022 01:38:00 -0500 en-US text/html https://it-online.co.za/2022/07/27/software-developer-full-stack-java-2/
Killexams : Managed Security Services (MSS) Market to Witness Growth Acceleration | Optiv Security, IBM, Unisys

New Jersey, N.J., July 24, 2022 The Managed Security Services (MSS) Market research report provides all the information related to the industry. It gives the outlook of the market by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Managed Security Services (MSS) market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.

In IT, managed security services are network security services that have been outsourced to a service provider. A company providing such a service is a managed security service provider. The roots of MSSPs can be traced back to internet service providers in the mid to late 1990s. Cybercrime is on the rise worldwide. Despite the growing sophistication of attacks and the complexity of the IT network, businesses continue to depend on outdated data protection measures. Bring-Your-Own-Device (BYOD), cell phones, social media, and the use of cloud services, among other technical innovations and practices, have significantly complicated the overall data security process. Today, organized cybercriminal operations are on the rise, with well-funded, skilled, coordinated and motivated organizations driving cybercrime.

Get the PDF trial Copy (Including FULL TOC, Graphs, and Tables) of this report @:

https://www.a2zmarketresearch.com/sample-request/628577

Competitive landscape:

This Managed Security Services (MSS) research report throws light on the major market players thriving in the market; it tracks their business strategies, financial status, and upcoming products.

Some of the Top companies Influencing this Market include:Optiv Security, IBM, Unisys, Accenture, Wipro, HCL, Rapid7, Secureworks, DXC, Bae Systems, Verizon, Centurylink, AT&T, Alert Logic, ATOS, Fujitsu, Cipher, Paladion, British Telecom (BT), Fortinet, Hitachi Systems Security, Trustwave, NTT Security, Symantec, Happiest Minds,

Market Scenario:

Firstly, this Managed Security Services (MSS) research report introduces the market by providing an overview which includes definition, applications, product launches, developments, challenges, and regions. The market is forecasted to reveal strong development by driven consumption in various markets. An analysis of the current market designs and other basic characteristics is provided in the Managed Security Services (MSS) report.

Regional Coverage:

The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:

  • North America
  • South America
  • Asia and Pacific region
  • Middle East and Africa
  • Europe

Segmentation Analysis of the market

The market is segmented on the basis of the type, product, end users, raw materials, etc. the segmentation helps to deliver a precise explanation of the market

Market Segmentation: By Type

Managed Identity and Access Management (IAM)
Managed Antivirus/anti-malware
Managed Firewall
Managed Risk and Compliance Management
Managed Vulnerability Management
Managed Intrusion Detection System/ Intrusion Prevention System (IDS/IPS)
Managed Unified Threat Management (UTM)
Managed Encryption
Others

Market Segmentation: By Application

Banking
Financial Services, and Insurance (BFSI)
Government and Defense
Telecom and IT
Healthcare
Energy and Utilities
Manufacturing
Retail
Others

For Any Query or Customization: https://a2zmarketresearch.com/ask-for-customization/628577

An assessment of the market attractiveness with regard to the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants present in the global Managed Security Services (MSS) market. To present a clear vision of the market the competitive landscape has been thoroughly analyzed utilizing the value chain analysis. The opportunities and threats present in the future for the key market players have also been emphasized in the publication.

This report aims to provide:

  • A qualitative and quantitative analysis of the current trends, dynamics, and estimations from 2022 to 2029.
  • The analysis tools such as SWOT analysis, and Porter’s five force analysis are utilized which explain the potency of the buyers and suppliers to make profit-oriented decisions and strengthen their business.
  • The in-depth analysis of the market segmentation helps to identify the prevailing market opportunities.
  • In the end, this Managed Security Services (MSS) report helps to save you time and money by delivering unbiased information under one roof.

Table of Contents

Global Managed Security Services (MSS) Market Research Report 2022 – 2029

Chapter 1 Managed Security Services (MSS) Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Managed Security Services (MSS) Market Forecast

Buy Exclusive Report @: https://www.a2zmarketresearch.com/checkout

Contact Us:

Roger Smith

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Mon, 25 Jul 2022 01:04:00 -0500 A2Z Market Research en-US text/html https://www.digitaljournal.com/pr/managed-security-services-mss-market-to-witness-growth-acceleration-optiv-security-ibm-unisys
Killexams : Twitter Account Hacked? Even Security Companies Have Trouble Getting Back In

The regular reports from antivirus testing companies around the world are extremely helpful when I’m evaluating a new or updated antivirus program. I know all the players, so receiving an email from a lab’s executive team is no surprise, but the request in one such recent email was unusual. Andreas Marx, CEO and co-founder of AV-Test Institute(Opens in a new window), wanted to know if I had any inside contacts at Twitter. It turned out that AV-Test Institute's main Twitter handle, @avtestorg(Opens in a new window), had been hacked, and his attempts to get help from Twitter were going unanswered.

How could this happen in a company with more than 15 years of experience in the security industry? Speaking with Marx and with Maik Morgenstern, technical director of AV-Test and its other CEO, I learned that even when you do everything right, you can still get hacked. As of this writing, the AV-Test account is still posting and retweeting random NFT spam, rather than providing support for AV-Test’s business and its customers.

After account takeover, Twitter feed is replaced by spam

After an account takeover, a Twitter feed is replaced by spam.


Neil J. Rubenking: How did you first learn the account was hacked?
Andreas Marx
: I got a WhatsApp message from a well-known security researcher, just about 10 minutes after the account was hacked on July 25, with screenshots of the compromised Twitter account. Shortly thereafter, we got further notifications from other parties.

What was your first reaction to the hack?
Well, I tried to log in to my mobile device with the Twitter account, but the @avtestorg account was no longer accessible. I tried to check the account on my PC, but I was not able to log in and just saw the compromised Twitter account there, too. (Twitter actually asked me to create a new account!)

In my email Inbox, I saw three mails from Twitter, all in Russian. One e-mail message from Twitter said, "Пароль был изменён" ("Password has been changed") with the information "Недавно вы изменили пароль своей учетной записи @avtestorg." ("You recently changed your @avtestorg account password."). Just two minutes later, this email message arrived: "Адрес электронной почты для @avtestorg изменен" ("Email address for @avtestorg changed"). It said to confirm by following a link sent to the new email and ended, “If you haven't made these changes, please contact Twitter support immediately."

Password change warning in Russian

Password change warning in Russian (Credit: PCMag)

I'm a German, and I've used Twitter in German language for the last decade, so it appears to me that someone changed the default language first.

To my surprise, the new email address for the account was blanked out (not fully visible), and I saw the message that only the new address needs to be confirmed. So, Twitter doesn't even ask if the person behind the current email address agrees with the account change.

What techniques did you use to try regaining access?
We immediately contacted the Twitter support and opened a case, “Regain access - Hacked or compromised," providing all details to reclaim our account. When nothing happened after two days we filed another case, with the same result so far: nothing.

What does Twitter recommend in a case like this?
Twitter suggests you contact their support via the website "I’m having problems with account access(Opens in a new window)."

What was Twitter’s response?
There is no response from Twitter so far, neither from the initial report via the website, nor from a second request two days later. We also tried to contact the support via @TwitterSupport, and tried to contact Twitter via email.

Well, “no response” is not entirely true. I've received a response from a bot who asked me, "Twitter would like your feedback. It should only take 2 minutes!" but that's from a third party.

What did you learn from this experience?
I have to admit that I'm still feeling totally lost. More than one week has passed by, and there has been no reaction. I actually expected a response from Twitter after my reports somehow, as the changes to the account and the postings are very unusual. At least the account should have been blocked in the short term, until further verification. The account is still there, and we have no access to it, so it might still be in use by the malicious actors.

Any advice for others to protect their Twitter accounts?
We used a strong password and 2FA (two-factor authentication) for protecting the account, but it looks like this was not enough. Maybe the attacker hasn't stolen the password, but taken over an active session, so they were already logged in and most of the security features are disabled then. I still don't understand why changing the email account wouldn't trigger a 2FA request. That's definitely a weakness of Twitter; other social networks handle this much better.

Recommended by Our Editors

My strong recommendation is actually for Twitter, not for other users. Before changing an email address for an account, please ensure that the current person behind this email address agrees to the transfer. For many other websites and social media platforms, a confirmation link or code is sent before the account can be transferred, or another form of 2FA is required to ensure that the account cannot easily be hijacked.

 And, Twitter, please be kind and respond to messages.


When even the experts can’t prevent an account takeover, you may figure that you’re just out of luck. In truth, there’s quite a bit you can do to make sure your Twitter account and other important accounts remain secure. Start with the basics. If you don’t already have a password manager, get one. Use it to change the passwords for your sensitive accounts to something unique and random. Don’t worry; the password manager remembers them for you.

Even though the hackers in this story seem to have done an end-run around multi-factor authentication, that doesn’t mean it’s not valuable. When you engage multi-factor for your important accounts, you make it a lot harder for anyone to hack into them. Chances are good that a random hacker will skip your account and go for something easier, like an account that has a password of “password” with no added authentication.

You can log out of all other Twitter sessions

(Credit: PCMag)

Marx mentioned that the hacker might have gained access through an active, unlocked Twitter session. You can help your security by always logging out when you’re done using Twitter, or at least making sure your computers and smart devices are thoroughly secured. You can also view active and past sessions directly from your Twitter account and click a simple link to shut down all sessions except your current one.

So, what are you waiting for? Log into your Twitter account right now and make sure you have multi-factor authentication protecting it. Check those other sessions—if any of them look wonky, pull the plug and shut 'em all down. And be sure you're protecting that account with a strong password, not your birthday or your dog's name.

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Wed, 03 Aug 2022 03:25:00 -0500 en text/html https://www.pcmag.com/news/twitter-account-hacked-even-security-companies-have-trouble-getting-back
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.

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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 recent 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 : CIOReview Names Cobalt Iron Among 10 Most Promising IBM Solution Providers 2022

Cobalt Iron Compass® is a SaaS-based data protection platform leveraging strong IBM technologies for delivering a secure, modernized approach to data protection. (Graphic: Business Wire)

Cobalt Iron Compass® is a SaaS-based data protection platform leveraging strong IBM technologies for delivering a secure, modernized approach to data protection. (Graphic: Business Wire)

LAWRENCE, Kan.--(BUSINESS WIRE)--Jul 28, 2022--

Cobalt Iron Inc., a leading provider of SaaS-based enterprise data protection, today announced that the company has been deemed one of the 10 Most Promising IBM Solution Providers 2022 by CIOReview Magazine. The annual list of companies is selected by a panel of experts and members of CIOReview Magazine’s editorial board to recognize and promote innovation and entrepreneurship. A technology partner for IBM, Cobalt Iron earned the distinction based on its Compass ® enterprise SaaS backup platform for monitoring, managing, provisioning, and securing the entire enterprise backup landscape.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220728005043/en/

Cobalt Iron Compass® is a SaaS-based data protection platform leveraging strong IBM technologies for delivering a secure, modernized approach to data protection. (Graphic: Business Wire)

According to CIOReview, “Cobalt Iron has built a patented cyber-resilience technology in a SaaS model to alleviate the complexities of managing large, multivendor setups, providing an effectual humanless backup experience. This SaaS-based data protection platform, called Compass, leverages strong IBM technologies. For example, IBM Spectrum Protect is embedded into the platform from a data backup and recovery perspective. ... By combining IBM’s technologies and the intellectual property built by Cobalt Iron, the company delivers a secure, modernized approach to data protection, providing a ‘true’ software as a service.”

Through proprietary technology, the Compass data protection platform integrates with, automates, and optimizes best-of-breed technologies, including IBM Spectrum Protect, IBM FlashSystem, IBM Red Hat Linux, IBM Cloud, and IBM Cloud Object Storage. Compass enhances and extends IBM technologies by automating more than 80% of backup infrastructure operations, optimizing the backup landscape through analytics, and securing backup data, making it a valuable addition to IBM’s data protection offerings.

CIOReview also praised Compass for its simple and intuitive interface to display a consolidated view of data backups across an entire organization without logging in to every backup product instance to extract data. The machine learning-enabled platform also automates backup processes and infrastructure, and it uses open APIs to connect with ticket management systems to generate tickets automatically about any backups that need immediate attention.

To ensure the security of data backups, Cobalt Iron has developed an architecture and security feature set called Cyber Shield for 24/7 threat protection, detection, and analysis that improves ransomware responsiveness. Compass is also being enhanced to use several patented techniques that are specific to analytics and ransomware. For example, analytics-based cloud brokering of data protection operations helps enterprises make secure, efficient, and cost-effective use of their cloud infrastructures. Another patented technique — dynamic IT infrastructure optimization in response to cyberthreats — offers unique ransomware analytics and automated optimization that will enable Compass to reconfigure IT infrastructure automatically when it detects cyberthreats, such as a ransomware attack, and dynamically adjust access to backup infrastructure and data to reduce exposure.

Compass is part of IBM’s product portfolio through the IBM Passport Advantage program. Through Passport Advantage, IBM sellers, partners, and distributors around the world can sell Compass under IBM part numbers to any organizations, particularly complex enterprises, that greatly benefit from the automated data protection and anti-ransomware solutions Compass delivers.

CIOReview’s report concludes, “With such innovations, all eyes will be on Cobalt Iron for further advancements in humanless, secure data backup solutions. Cobalt Iron currently focuses on IP protection and continuous R&D to bring about additional cybersecurity-related innovations, promising a more secure future for an enterprise’s data.”

About Cobalt Iron

Cobalt Iron was founded in 2013 to bring about fundamental changes in the world’s approach to secure data protection, and today the company’s Compass ® is the world’s leading SaaS-based enterprise data protection system. Through analytics and automation, Compass enables enterprises to transform and optimize legacy backup solutions into a simple cloud-based architecture with built-in cybersecurity. Processing more than 8 million jobs a month for customers in 44 countries, Compass delivers modern data protection for enterprise customers around the world. www.cobaltiron.com

Product or service names mentioned herein are the trademarks of their respective owners.

Link to Word Doc:www.wallstcom.com/CobaltIron/220728-Cobalt_Iron-CIOReview_Top_IBM_Provider_2022.docx

Photo Link:www.wallstcom.com/CobaltIron/Cobalt_Iron_CIO_Review_Top_IBM_Solution_Provider_Award_Logo.pdf

Photo Caption: Cobalt Iron Compass ® is a SaaS-based data protection platform leveraging strong IBM technologies for delivering a secure, modernized approach to data protection.

Follow Cobalt Iron

https://twitter.com/cobaltiron
https://www.linkedin.com/company/cobalt-iron/
https://www.youtube.com/user/CobaltIronLLC

View source version on businesswire.com:https://www.businesswire.com/news/home/20220728005043/en/

CONTACT: Agency Contact:

Sunny Branson

Wall Street Communications

Tel: +1 801 326 9946

Email:sunny@wallstcom.com

Web:www.wallstcom.comCobalt Iron Contact:

Mary Spurlock

VP of Marketing

Tel: +1 785 979 9461

Email:maspurlock@cobaltiron.com

Web:www.cobaltiron.com

KEYWORD: EUROPE UNITED STATES NORTH AMERICA KANSAS

INDUSTRY KEYWORD: DATA MANAGEMENT SECURITY TECHNOLOGY SOFTWARE NETWORKS INTERNET

SOURCE: Cobalt Iron

Copyright Business Wire 2022.

PUB: 07/28/2022 09:00 AM/DISC: 07/28/2022 09:03 AM

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Killexams : Digital Asset Management Market: Technical Signs Point Higher Growth In Coming Years, Report - Allied Market Research

(MENAFN- EIN Presswire)

Digital Asset Management Market

Rise in need to meet the regulatory compliance and efficient data integration are estimated to fuel the market growth during the forecast period.

PORTLAND, PORTLAND, OR , UNITED STATES , July 29, 2022 /EINPresswire.com / -- Increased need for collaborative digital workflow especially for marketing applications has encouraged end-user industries to invest on enhanced digital asset management solutions and services. The global digital asset management market was valued at $1,928 million in 2016, and is projected to reach at $5,287 million by 2023, growing at a CAGR of 13.7% from 2017 to 2023.

The service segment is projected to grow at the CAGR of around 18% during the forecast period. Increase in demand for enhanced content management solutions and rise in competition among end-user organizations globally are anticipated to boost the segment growth during the forecast period.

Key market players such as - ADAM Software NV, Adobe Systems Incorporated, Cognizant Technology Solutions Corp, EMC Corporation, Hewlett-Packard (HP), IBM Corporation, Northplains Systems, Opentext Corporation, Oracle Corporation, and Widen Enterprises.

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The IT segment dominated the market in 2016, whereas the marketing segment is projected to witness the highest CAGR of 15% during the forecast period. This is attributed to growth in adoption of real-time digital asset management solutions among marketing departments of end-user industries to assist sales department with up-to-date content.

Region wise, North America dominated the market, in terms of expenditure on digital asset management solutions and services, owing to high penetration of digital technologies among end-user industries. Moreover, the market in Asia-Pacific is projected to grow at the highest CAGR of around 16%, owing to increase in awareness among end-user industries about benefits of adoption of digital asset management solutions.

If you have any questions please feel free to contact our analyst at:

Segmental analysis of the market is provided in both qualitative and quantitative aspects. This aids the clients in identifying the most lucrative segment to go on with investments, on the basis of a complete backend analysis concerning the segmental presentation, coupled with brief salutation of the operating organizations and their important developmental activities.

The market numbers are Verified by means of numerous data triangulation techniques. Additionally, reliable industry journals, accurate press releases from trade association, and government websites have also been revised for producing exclusive industry insights.

If you have any special requirements, please let us know at:

Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

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Enterprise Asset Management Market

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AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

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Killexams : Financial services regulator opens digital delivery centre in Leeds

The Financial Conduct Authority (FCA) is recruiting more than 100 people to work at a new digital delivery centre in Leeds, as it expands its presence across the UK.

Data services expert and former IBM employee Phil Nixon will head up the Leeds centre, which will work alongside other FCA teams.

The FCA also plans to double the number of staff in its Edinburgh office to around 200 and increase recruitment in data and technology. 

“As a national regulator, it is vital we have a truly national footprint. That means having colleagues in all parts of the UK,” said FCA CEO Nikhil Rathi.

“I’m delighted that we’re moving a step closer to opening our new Leeds office, in a city with a growing reputation as a digital and tech hub.”

James Lewis, leader of Leeds City Council, said it looked forward to welcoming the FCA to the city, which “has financial, digital and tech sectors that are strong and resilient” and “a population that is innovative, diverse and brimming with talent”.

The increasing importance of data to monitor a rapidly expanding finance sector is driving a major expansion of tech teams at the FCA.

In June, the FCA said, as part of a “heavy” investment in data, it would hire people with expertise in artificial intelligence, analytics and data science, as well as cloud engineering and digital technology.

At the time, Jessica Rusu, chief data, information and intelligence officer at the FCA, said better use of data would allow it to be more proactive and find and stop harm faster. “We are continuing to Excellerate our data, technology and capabilities to act decisively in consumers’ interests, while making it easier for firms to report to us,” she added.

About 100,000 websites are scanned by the FCA every day to identify possible scams. Between May 2021 and April 2022, the FCA added 1,966 possible scams to its consumer warning list – about one-third more than for the same period the previous year. 

The regulator also uses advanced analytics and new sources of data to identify inappropriate financial adverts. In the same period, 564 adverts were withdrawn or amended after being flagged by the FCA – double the number during the previous 12 months.

Thu, 04 Aug 2022 00:59:00 -0500 en text/html https://www.computerweekly.com/news/252523496/Financial-services-regulator-opens-digital-delivery-centre-in-Leeds
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