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While enterprises are setting records in cybersecurity spending, the cost and severity of breaches continue to soar. IBM’s latest data breach report provides insights into why there’s a growing disconnect between enterprise spending on cybersecurity and record costs for data breaches. 

This year, 2022, is on pace to be a record-breaking year for enterprise breaches globally, with the average cost of a data breach reaching $4.35 million. That’s 12.7% higher than the average cost of a data breach in 2020, which was $3.86 million. It also found a record 83% of enterprises reporting more than one breach and that the average time to identify a breach is 277 days. As a result, enterprises need to look at their cybersecurity tech stacks to see where the gaps are and what can be improved.  

Enhanced security around privileged access credentials and identity management is an excellent first place to start. More enterprises need to define identities as their new security perimeter. IBM’s study found that 19% of all breaches begin with compromised privileged credentials. Breaches caused by compromised credentials lasted an average of 327 days. Privileged access credentials are also bestsellers on the Dark Web, with high demand for access to financial services’ IT infrastructure.  

The study also shows how dependent enterprises remain on implicit trust across their security and broader IT infrastructure tech stacks. The gaps in cloud security, identity and access management (IAM) and privileged access management (PAM) allow expensive breaches to happen. Seventy-nine percent of critical infrastructure organizations didn’t deploy a zero-trust architecture, when zero trust can reduce average breach losses by nearly $1 million. 

Enterprises need to treat implicit trust as the unlocked back door that allows cybercriminals access to their systems, credentials and most valuable confidential data to reduce the incidence of breaches. 

What enterprises can learn from IBM’s data on healthcare breaches 

The report quantifies how wide healthcare’s cybersecurity gap is growing. IBM’s report estimates the average cost of a healthcare data breach is now $10.1 million, a record and nearly $1 million over last year’s $9.23 million. Healthcare has had the highest average breach cost for twelve consecutive years, increasing 41.6% since 2020. 

The findings suggest that the skyrocketing cost of breaches adds inflationary fuel to the fire, as runaway prices are financially squeezing global consumers and companies. Sixty percent of organizations participating in IBM’s study say, they raised their product and service prices due to the breach, as supply chain disruptions, the war in Ukraine and tepid demand for products continue. Consumers are already struggling to meet healthcare costs, which will likely increase by 6.5% next year

The study also found that nearly 30% of breach costs are incurred 12 to 24 months after, translating into permanent price increases for consumers. 

“It is clear that cyberattacks are evolving into market stressors that are triggering chain reactions, [and] we see that these breaches are contributing to those inflationary pressures,” says John Hendley, head of strategy for IBM Security’s X-Force research team.  

Getting quick wins in encryption

For healthcare providers with limited cybersecurity budgets, prioritizing these three areas can reduce the cost of a breach while making progress toward zero-trust initiatives. Getting identity access management (IAM) right is core to a practical zero-trust framework, one that can quickly adapt and protect human and machine identities are essential. IBM’s study found that of the zero-trust components measured in the study, IAM is the most effective in reducing breach costs. Leading IAM includes Akamai, Fortinet, Ericom, Ivanti, Palo Alto Networks and others. Ericom’s ZTEdge platform is noteworthy for its combining ML-enabled identity and access management, zero-trust network access (ZTNA), microsegmentation and secure web gateway (SWG) with remote browser isolation (RBI) and Web Application Isolation.

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Mon, 01 Aug 2022 16:20:00 -0500 Louis Columbus en-US text/html https://venturebeat.com/2022/08/01/ibm-report-shows-healthcare-has-a-growing-cybersecurity-gap/
Killexams : IBM Annual Cost of Data Breach Report 2022: Record Costs Usually Passed On to Consumers, “Long Breach” Expenses Make Up Half of Total Damage

IBM’s annual Cost of Data Breach Report for 2022 is packed with revelations, and as usual none of them are good news. Headlining the report is the record-setting cost of data breaches, with the global average now at $4.35 million. The report also reveals that much of that expense comes with the data breach version of “long Covid,” expenses that are realized more than a year after the attack.

Most organizations (60%) are passing these added costs on to consumers in the form of higher prices. And while 83% of organizations now report experiencing at least one data breach, only a small minority are adopting zero trust strategies.

Security AI and automation greatly reduces expected damage

The IBM report draws on input from 550 global organizations surveyed about the period between March 2021 and March 2022, in partnership with the Ponemon Institute.

Though the average cost of a data breach is up, it is only by about 2.6%; the average in 2021 was $4.24 million. This represents a total climb of 13% since 2020, however, reflecting the general spike in cyber crime seen during the pandemic years.

Organizations are also increasingly not opting to absorb the cost of data breaches, with the majority (60%) compensating by raising consumer prices separate from any other recent increases due to inflation or supply chain issues. The report indicates that this may be an underreported upward influence on prices of consumer goods, as 83% of organizations now say that they have been breached at least once.

Brad Hong, Customer Success Manager for Horizon3.ai, sees a potential consumer backlash on the horizon once public awareness of this practice grows: “It’s already a breach of confidence to lose the confidential data of customers, and sure there’s bound to be an organization across those surveyed who genuinely did put in the effort to protect against and curb attacks, but for those who did nothing, those who, instead of creating a disaster recovery plan, just bought cyber insurance to cover the org’s operational losses, and those who simply didn’t care enough to heed the warnings, it’s the coup de grâce to then pass the cost of breaches to the same customers who are now the victims of a data breach. I’d be curious to know what percent of the 60% of organizations who increased the price of their products and services are using the extra revenue for a war chest or to actually reinforce their security—realistically, it’s most likely just being used to fill a gap in lost revenue for shareholders’ sake post-breach. Without government regulations outlining restrictions on passing cost of breach to consumer, at the least, not without the honest & measurable efforts of a corporation as their custodian, what accountability do we all have against that one executive who didn’t want to change his/her password?”

Breach costs also have an increasingly long tail, as nearly half now come over a year after the date of the attack. The largest of these are generally fines that are levied after an investigation, and decisions or settlements in class action lawsuits. While the popular new “double extortion” approach of ransomware attacks can drive long-term costs in this way, the study finds that companies paying ransom demands to settle the problem quickly aren’t necessarily seeing a large amount of overall savings: their average breach cost drops by just $610,000.

Sanjay Raja, VP of Product with Gurucul, expands on how knock-on data breach damage can continue for years: “The follow-up attack effect, as described, is a significant problem as the playbooks and solutions provided to security operations teams are overly broad and lack the necessary context and response actions for proper remediation. For example, shutting down a user or application or adding a firewall block rule or quarantining a network segment to negate an attack is not a sustainable remediation step to protect an organization on an ongoing basis. It starts with a proper threat detection, investigation and response solution. Current SIEMs and XDR solutions lack the variety of data, telemetry and combined analytics to not only identify an attack campaign and even detect variants on previously successful attacks, but also provide the necessary context, accuracy and validation of the attack to build both a precise and complete response that can be trusted. This is an even greater challenge when current solutions cannot handle complex hybrid multi-cloud architectures leading to significant blind spots and false positives at the very start of the security analyst journey.”

Rising cost of data breach not necessarily prompting dramatic security action

In spite of over four out of five organizations now having experienced some sort of data breach, only slightly over 20% of critical infrastructure companies have moved to zero trust strategies to secure their networks. Cloud security is also lagging as well, with a little under half (43%) of all respondents saying that their security practices in this area are either “early stage” or do not yet exist.

Those that have onboarded security automation and AI elements are the only group seeing massive savings: their average cost of data breach is $3.05 million lower. This particular study does not track average ransom demands, but refers to Sophos research that puts the most recent number at $812,000 globally.

The study also notes serious problems with incident response plans, especially troubling in an environment in which the average ransomware attack is now carried out in four days or less and the “time to ransom” has dropped to a matter of hours in some cases. 37% of respondents say that they do not test their incident response plans regularly. 62% say that they are understaffed to meet their cybersecurity needs, and these organizations tend to suffer over half a million more dollars in damages when they are breached.

Of course, cost of data breaches is not distributed evenly by geography or by industry type. Some are taking much bigger hits than others, reflecting trends established in prior reports. The health care industry is now absorbing a little over $10 million in damage per breach, with the average cost of data breach rising by $1 million from 2021. And companies in the United States face greater data breach costs than their counterparts around the world, at over $8 million per incident.

Shawn Surber, VP of Solutions Architecture and Strategy with Tanium, provides some insight into the unique struggles that the health care industry faces in implementing effective cybersecurity: “Healthcare continues to suffer the greatest cost of breaches but has among the lowest spend on cybersecurity of any industry, despite being deemed ‘critical infrastructure.’ The increased vulnerability of healthcare organizations to cyber threats can be traced to outdated IT systems, the lack of robust security controls, and insufficient IT staff, while valuable medical and health data— and the need to pay ransoms quickly to maintain access to that data— make healthcare targets popular and relatively easy to breach. Unlike other industries that can migrate data and sunset old systems, limited IT and security budgets at healthcare orgs make migration difficult and potentially expensive, particularly when an older system provides a small but unique function or houses data necessary for compliance or research, but still doesn’t make the cut to transition to a newer system. Hackers know these weaknesses and exploit them. Additionally, healthcare orgs haven’t sufficiently updated their security strategies and the tools that manufacturers, IT software vendors, and the FDA have made haven’t been robust enough to thwart the more sophisticated techniques of threat actors.”

Familiar incident types also lead the list of the causes of data breaches: compromised credentials (19%), followed by phishing (16%). Breaches initiated by these methods also tended to be a little more costly, at an average of $4.91 million per incident.

Global average cost of #databreach is now $4.35M, up 13% since 2020. Much of that are realized more than a year after the attack, and 60% of organizations are passing the costs on to consumers in the form of higher prices. #cybersecurity #respectdataClick to Tweet

Cutting the cost of data breach

Though the numbers are never as neat and clean as averages would indicate, it would appear that the cost of data breaches is cut dramatically for companies that implement solid automated “deep learning” cybersecurity tools, zero trust systems and regularly tested incident response plans. Mature cloud security programs are also a substantial cost saver.

Mon, 01 Aug 2022 10:00:00 -0500 Scott Ikeda en-US text/html https://www.cpomagazine.com/cyber-security/ibm-annual-cost-of-data-breach-report-2022-record-costs-usually-passed-on-to-consumers-long-breach-expenses-make-up-half-of-total-damage/
Killexams : IBM report reveals healthcare’s cybersecurity gap continues to grow

While businesses are increasing their cybersecurity investment, the cost and seriousness of breaches continue to climb. IBM’s latest data breach study sheds light on why there is a widening disparity between company cybersecurity investment and data breach cost.

2022 is on track to set a new worldwide record for business breaches, with the average data breach cost hitting $4.35 million. This is 12.7 percent more than the 2020 average, which stood at $3.86 million.

IBM also discovered that 83 percent of businesses reported more than one breach and that the average time to detect a breach is 277 days.

The popularity of privileged access credentials

As a result, businesses must examine their cybersecurity technology stacks to determine where the gaps are and how they can be filled. Improved security for authorized access credentials and identity management is a great start.

More businesses must designate IDs as the new security perimeter. According to IBM’s research, 19 percent of all compromises begin with exposed privileged credentials. Breach durations caused by compromised accounts averaged 327 days.

Privileged access credentials are also extremely popular on the Dark Web, particularly access to financial industry IT infrastructure.

The impact on healthcare

The analysis quantifies the rising cybersecurity gap in healthcare. According to IBM’s research, the average cost of a healthcare security breach is now $10.1 million, a new high and about $1 million higher than last year’s $9.2 million. Healthcare has had the highest average breach cost for the past twelve years.

According to the data, the growing cost of breaches adds inflationary fuel to the flames, as runaway prices financially squeeze worldwide consumers and businesses.

60 percent of firms in IBM’s research claim they boosted their product and service pricing due to the breach, while supply chain delays, the crisis in Ukraine, and lacklustre product demand persist. Consumers are already battling rising healthcare prices, which are expected to grow by 6.5 percent by 2023.

Tip: ‘Data breach costs are rising’

Mon, 01 Aug 2022 20:41:00 -0500 en text/html https://www.techzine.eu/news/security/84898/ibm-report-reveals-healthcares-cybersecurity-gap-continues-to-grow/
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 20:21:00 -0500 BRAINSUM en text/html https://diginomica.com/cybersecurity-whats-real-cost-ask-ibm
Killexams : IBM report: Middle Eastern consumers pay the price as regional data breach costs reach all-time high

Riyadh, Saudi Arabia: IBM, the leading global technology company, has published a study highlighting the importance of cybersecurity in an increasingly digital age. According to IBM Security’s annual Cost of a Data Breach Report,  the Middle East has incurred losses of SAR 28 million from data breaches  in 2022 alone — this figure already exceeding the total amount of losses accrued in each of the last eight years. 

The latest edition of the Cost of a Data Breach Report — now in its 17th year — reveals costlier and higher-impact data breaches than ever before. As outlined by the study, the global average cost of a data breach has reached an all-time high of $4.35 million for surveyed 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.

Notably, the report ranks the Middle East2 among the top five countries and regions for the highest average cost of a data breach. As per the study, the average total cost of a data breach in the Middle East amounted to SAR 28 million in 2022, the region being second only to the United States on the list. The report also spotlights the industries across the Middle East that have suffered the highest per-record costs in millions; the financial (SAR 1,039), health (SAR 991) and energy (SAR 950) sectors taking first, second and third spot, respectively.    

Fahad Alanazi, IBM Saudi General Manager, said: “Today, more so than ever, in an increasingly connected and digital age, cybersecurity is of the utmost importance. It is essential to safeguard businesses and privacy. As the digital economy continues to evolve, enhanced security will be the marker of a modern, world class digital ecosystem.” 

He continued: “At IBM, we take great pride in enabling the people, businesses and communities we serve to fulfil their potential by empowering them with state-of-the-art services and support. Our findings reiterate just how important it is for us, as a technology leader, to continue pioneering solutions that will help the Kingdom distinguish itself as the tech capital of the region.”

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 global 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% 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 costs3 . 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 obtain 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.

-Ends-

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.

Wed, 27 Jul 2022 22:20:00 -0500 en text/html https://www.zawya.com/en/press-release/research-and-studies/ibm-report-middle-eastern-consumers-pay-the-price-as-regional-data-breach-costs-reach-all-time-high-q1wbuec0
Killexams : Order Management Systems Market Analysis, Research Study With IBM, Microsoft, Oracle

New Jersey, N.J., July 19, 2022 The Order Management Systems 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 Order Management Systems 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.

An order management system (OMS) is a digital way to manage the lifecycle of an order. It tracks all information and processes, including order entry, inventory management, fulfillment, and after-sales service. An OMS provides visibility to both the business and the buyer. With the increase in the number of transactions, the need to limit operational risks, expand trade volumes, and control trade processing costs is driving the development of the order management software market. The growing regulatory and competitive strain on financial administration companies to automate the process offers a significant opportunity for market expansion.

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

https://www.a2zmarketresearch.com/sample-request/653065

Competitive landscape:

This Order Management Systems 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:IBM, Microsoft, Oracle, SAP SE, IFS, ClickSoftware Technologies, Astea International, Jones Lang LaSalle, Infor, Verizon, ServiceMax, ServicePower, Sockeye Technologies, Loc8, Innovapptive,

Market Scenario:

Firstly, this Order Management Systems 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 Order Management Systems 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

On-Premise
Cloud-Based

Market Segmentation: By Application

BFSI
Retail
Healthcare
Telecom and IT
Manufacturing
Energy and Utilities
Transportation and Logistics
Others

For Any Query or Customization: https://a2zmarketresearch.com/ask-for-customization/653065

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 Order Management Systems 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 Order Management Systems report helps to save you time and money by delivering unbiased information under one roof.

Table of Contents

Global Order Management Systems Market Research Report 2022 – 2029

Chapter 1 Order Management Systems 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 Order Management Systems Market Forecast

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[email protected]

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Killexams : Enterprise Business Process Management Software Market Share, Size, Financial Summaries Analysis from 2022-2030 | By -Oracle, IBM, Microsoft

The MarketWatch News Department was not involved in the creation of this content.

Jul 26, 2022 (Heraldkeepers) -- New Jersey, United States- IBI’s most recent assessment on the Enterprise Business Process Management Software Market assesses market size, example, and projection to 2030. The market study integrates basic assessment data and affirmations, making it a significant resource report for bosses, examiners, industry-trained professionals, and other key people who need a self-analyzed study to all more promptly fathom market designs, improvement drivers, open entryways, and looming challenges, as well as about competitors.

The Enterprise Business Process Management Software Market Report’s Objectives

• -To study and sort out the Enterprise Business Process Management Software market’s size concerning both worth and volume.
• -Measure a slice of the pie of huge Enterprise Business Process Management Software market parts.
• -To show how the Enterprise Business Process Management Software market is made in a different region of the planet.
• -To investigate and look at smaller than usual business areas concerning their Enterprise Business Process Management Software market responsibilities, potential outcomes, and individual advancement designs.
• -To provide a quick and dirty assessment of key business procedures utilized by top firms checking out the post, as creative work, facilitated endeavors, plans, affiliations, acquisitions, unions, new developments, and thing dispatches.

Receive the demo Report of Enterprise Business Process Management Software Market 2022 to 2030:

The worldwide Enterprise Business Process Management Software market is expected to grow at a booming CAGR of 2022-2030, rising from USD billion in 2021 to USD billion in 2030. It also shows the importance of the Enterprise Business Process Management Software market main players in the sector, including their business overviews, financial summaries, and SWOT assessments.

Enterprise Business Process Management Software Market Segmentation & Coverage:

Enterprise Business Process Management Software Market segment by Type: 
Cloud, On-Premise

Enterprise Business Process Management Software Market segment by Application: 
Group Enterprise���Above 500���, Big Companies���101-500���, Small and Medium-Sized Enterprises (Smes)���Below 100���, Other

The years examined in this study are the following to estimate the Enterprise Business Process Management Software market size:

History Year: 2015-2019
Base Year: 2021
Estimated Year: 2022
Forecast Year: 2022 to 2030

Cumulative Impact of COVID-19 on Market:

Various enterprises have faced issues due to COVID-19. This is legitimate in the business as well. In light of the COVID-19 plague, a couple of countries’ watchman monetary plans have been cut. Most assessment projects are expected to momentarily stand by in this way. Results of onboard PC stages to various Middle Eastern, African, and Latin American countries have furthermore reduced. These possible results influence the PC stage’s progression.

Get a demo Copy of the Enterprise Business Process Management Software Market Report: https://www.infinitybusinessinsights.com/request_sample.php?id=875647

Regional Analysis:

Bargains procedures, adventure, and cost structures are among the critical syllabus covered here, as well as a highlight on the Enterprise Business Process Management Software market in a key locales like Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. This market examination, which unites the two figures and real factors, moreover covers the money-related parts of affiliations.

The Key companies profiled in the Enterprise Business Process Management Software Market:

The study examines the Enterprise Business Process Management Software market’s competitive landscape and includes data on important suppliers, including Oracle, IBM, Microsoft, Workflow, Appian, Adobe, ProcessMaker Inc., Fujitsu, Red Hat, Tibco Software, SAP, NEC, AgilePoint, BonitaSoft, EMC, Fiorano, Active Endpoints, Kofax, LexMark, OpenText,& Others

Table of Contents:

List of Data Sources:
Chapter 2. Executive Summary
Chapter 3. Industry Outlook
3.1. Enterprise Business Process Management Software Global Market segmentation
3.2. Enterprise Business Process Management Software Global Market size and growth prospects, 2015 – 2026
3.3. Enterprise Business Process Management Software Global Market Value Chain Analysis
3.3.1. Vendor landscape
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.6. Porter’s Analysis
3.6.1. Threat of New Entrants
3.6.2. Bargaining Power of Buyers
3.6.3. Bargaining Power of Buyers
3.6.4. Threat of Substitutes
3.6.5. Internal Rivalry
3.7. PESTEL Analysis
Chapter 4. Enterprise Business Process Management Software Global Market Product Outlook
Chapter 5. Enterprise Business Process Management Software Global Market Application Outlook
Chapter 6. Enterprise Business Process Management Software Global Market Geography Outlook
6.1. Enterprise Business Process Management Software Industry Share, by Geography, 2022 & 2030
6.2. North America
6.2.1. Market 2022 -2030 estimates and forecast, by product
6.2.2. Market 2022 -2030, estimates and forecast, by application
6.2.3. The U.S.
6.2.3.1. Market 2022 -2030 estimates and forecast, by product
6.2.3.2. Market 2022 -2030, estimates and forecast, by application
6.2.4. Canada
6.2.4.1. Market 2022 -2030 estimates and forecast, by product
6.2.4.2. Market 2022 -2030, estimates and forecast, by application
6.3. Europe
6.3.1. Market 2022 -2030 estimates and forecast, by product
6.3.2. Market 2022 -2030, estimates and forecast, by application
6.3.3. Germany
6.3.3.1. Market 2022 -2030 estimates and forecast, by product
6.3.3.2. Market 2022 -2030, estimates and forecast, by application
6.3.4. the UK
6.3.4.1. Market 2022 -2030 estimates and forecast, by product
6.3.4.2. Market 2022 -2030, estimates and forecast, by application
6.3.5. France
6.3.5.1. Market 2022 -2030 estimates and forecast, by product
6.3.5.2. Market 2022 -2030, estimates and forecast, by application
Chapter 7. Competitive Landscape
Chapter 8. Appendix

Download here the full INDEX of Enterprise Business Process Management Software Market Research Report @

FAQs

In 2030, what will the Enterprise Business Process Management Software market’s improvement rate be?
What are the principal drivers of the market?
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Killexams : The Total Economic Impact™ Of Turbonomic Application Resource Management for IBM Cloud® Paks

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Thu, 07 Jul 2022 11:58:00 -0500 en text/html https://www.itpro.co.uk/software/business-apps/368465/the-total-economic-impacttm-of-turbonomic-application-resource
Killexams : AI in Fraud Management Market Analysis, Research Study With IBM Corporation, Hewlett Packard Enterprise, Subex Limited

New Jersey, N.J., July 18, 2022 The AI in Fraud Management 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 AI in Fraud Management 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.

Payment fraud detection is the most common type of fraud addressed by artificial intelligence (AI). Its variations are as diverse as the imagination of fraudsters. However, some of the most common types of payment fraud are: lost cards, stolen cards, counterfeit cards, card identity theft, and card non-receipt.

The rapid development of technology indicates that more business processes can now be automated. This meant that machines and software could relieve workers of boring, routine tasks. Big data, machine learning, and artificial intelligence are also helping to automate more complex tasks, but many of these projects fail or fall short of expectations.

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

https://www.a2zmarketresearch.com/sample-request/658134

Competitive landscape:

This AI in Fraud Management 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:IBM Corporation, Hewlett Packard Enterprise, Subex Limited, Temenos AG, Cognizant, Splunk, Inc., BAE Systems, Pelican, DataVisor, Inc., Matellio Inc., MaxMind, Inc., SAS Institute Inc., Capgemini SE, JuicyScore, ACTICO GmbH

Market Scenario:

Firstly, this AI in Fraud Management 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 AI in Fraud Management 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

Small and Medium Enterprises (SMEs)

Large Enterprises

Others

Market Segmentation: By Application

BFSI

IT&Telecom

Healthcare

Government

Education

Retail&CPG

Media&Entertainment

Others

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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 AI in Fraud Management 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 AI in Fraud Management report helps to save you time and money by delivering unbiased information under one roof.

Table of Contents

Global AI in Fraud Management Market Research Report 2022 – 2029

Chapter 1 AI in Fraud Management 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 AI in Fraud Management Market Forecast

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

Contact Us:

Roger Smith

1887 WHITNEY MESA DR HENDERSON, NV 89014

[email protected]

+1 775 237 4157

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Killexams : Smart Metering Solution Market 2022 Global Outlook And Future Scope Analysis By-STMicroelectronics, Honeywell, IBM, ABB, SMS plc, Kamstrup

The MarketWatch News Department was not involved in the creation of this content.

Aug 02, 2022 (Market Insight Reports) -- The Smart Metering Solution Market report 2022 is a collection of helpful information, quantitative and qualitative estimation by industry experts, and the contribution of industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors in its geographies and segments. This report on the Smart Metering Solution market gives historical, current, and future market sizes (US$ MN) of product types, applications, routes of administration, distribution channels, and geographic regions.

According to a recent study, the global Smart Metering Solution market will grow significantly during forecast period 2022-2028.

Click the link to get a demo Copy of the Report at:

https://www.pragmamarketresearch.com/reports/88767/smart-metering-solution-market/inquiry?Utm=BGGB

Prominent Key Players: STMicroelectronics, Honeywell, IBM, ABB, SMS plc, Kamstrup, Raditeq, IS Metering, Silicon Labs, Telit, Elgama-Elektronika, WM Systems, VIVAVIS, Inhance, Alabama, SEP, ZIV Automation, KaaIoT, Discovergy, and others.

The market study on the world Smart Metering Solution market can compresences the complete system of the business, covering five major regions particularly North America, Europe, Asia Pacific, and geographical regions and the major countries falling underneath those regions. The report focuses on the Smart Metering Solution market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides detailed cost analysis, and supply chain.

Global Smart Metering Solution Market Split by Product Type and Applications:

This report segments on the basis ofTypes are:

Smart Meter

Data Concentrator

Smart Plug

Home User Device

This report segments on the basis ofApplication are:

Gas

Water

Electricity

By region:

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World (ROW)

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Reasons to Purchase this Report:

  • Analyzing the outlook of the market with the recent trends and SWOT analysis
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • The regional and country-level analysis integrates the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
  • Distribution Channel sales Analysis by Value
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Explore Full Report with Detailed TOC Here:

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We are confident that our research report will help you make better business decisions and Improve your industry knowledge. If you want to know more, please feel free to contact us. We are always happy to share more information with you.

Contact Us:

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sales@pragmamarketresearch.com

Also Read:

https://gbsg.ch/kjeldahl-analyzer-markt-2022-2027-geschaeftsueberblick-zukuenftige-nachfrage-und-wachstumsanalyse-bastak-hanon-instruments-mrc-opsis-ab/

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