Read these 00M-647 questions and answers before the actual test

Try not to download and squander your precious energy on free 00M-647 exam prep that are given on the web. Those are out of date and obsolete stuff. Visit killexams.com to download 100 percent free free pdf before you register for a complete duplicate of 00M-647 question bank containing actual test 00M-647 exam questions and VCE practice test. Peruse and Pass. No exercise in futility and cash.

Exam Code: 00M-647 Practice test 2022 by Killexams.com team
IBM Intelligent Operations Center-Water & Transportation Sales Mastery Test v1
IBM testing
Killexams : IBM testing - BingNews http://www.bing.com:80/news/search?q=IBM+testing&cc=us&format=RSS Search results Killexams : IBM testing - BingNews http://www.bing.com:80/news/search?q=IBM+testing&cc=us&format=RSS https://killexams.com/exam_list/IBM Killexams : IBM Research Albany Nanotech Center Is A Model To Emulate For CHIPS Act

With the passage of the CHIPS+ Act by Congress and its imminent signing by the President of the United States, a lot of attention has been paid to the construction of new semiconductor manufacturing megasites by Intel, TSMC, and Samsung. But beyond the manufacturing side of the semiconductor business, there is a significant need to invest in related areas such as research, talent training, small and medium business development, and academic cooperation. I recently had the opportunity to tour a prime example of such a facility that integrates all these other aspects of chip manufacturing into a tight industry, government, and academic partnership. That partnership has been going on for over 20 years in Albany New York where IBM Research has a nanotechnology center that is located adjacent to the State University of New York (SUNY) Albany campus. With significant investment by New York State through the New York Creates NY CREATES development agency, IBM in close partnership with several universities and industry partners is developing state-of-the-art semiconductor process technologies in working labs for the next generation of computer chips.

The center provides a unique facility for semiconductor research – its open environment facilitates collaboration between leading equipment and materials suppliers, researchers, engineers, academics, and EDA vendors. Presently, IBM has a manufacturing and research partnership with Samsung Electronics and a research partnership was announced with Intel last year. Key chipmaking suppliers such as ASML, KLA, and Tokyo Electric (TEL) have equipment installed, and are working actively with IBM developing advanced processes and metrology for leading edge technologies.

These facilities do not come cheap. It takes billions of dollars of investment and many years of research to achieve each new breakthrough. For example, the High-k metal gate took 15 years to go into products; the FinFET transistor, essential today, took 13 years; and the next generation transistor, the gate-all-around/nano sheet, which Samsung is putting into production now, was in development for 14 years. In addition, the cost to manufacture chips at each new process node is increasing 20-30% and the R&D costs are doubling for each node’s development. To continue supporting this strategic development, there needs to be a partnership between industry, academia, and government.

IBM Makes The Investment

You might ask why IBM, which sold off its semiconductor manufacturing facilities over the years, is so involved in this deep and expensive research. Well, for one, IBM is very, very good at semiconductor process development. The company pioneered several critical semiconductor technologies over the decades. But being good at a technology does not pay the bills, so IBM’s second motivation is that the company needs the best technology for its own Power and Z computers. To that end, IBM is primarily focused on developments that support high-performance computing and AI processing.

Additional strategic suppliers and partners help to scale these innovations beyond just IBM’s contribution. The best equipment from the world-class equipment suppliers provides a testbed for partners to experiment and advance the state-of-the-art technology. IBM along with its equipment partners have built specialized equipment where needed to experiment beyond the capabilities of standard equipment.

But IBM only succeeds if it can transfer the technology from the labs into production. To do so, IBM and Samsung have been working closely on process developments and the technology transfer.

MORE FROM FORBESIBM Goes Vertical To Scale Transistors

The NanoTech Center dovetails with the CHIPS Act in that it will allow the United States to develop leadership in manufacturing technologies. It can also allow smaller companies to test innovative technologies in this facility. The present fab building is running 24/7/365 and is highly utilized, but there’s space to build another building that can double significantly expand the clean room space. There’s also a plan for a building that will be able to support the next generation of ASML EUV equipment called high NA EUV.

The Future is Vertical

The Albany site also is a center for chiplet technology research. As semiconductor scaling slows, unique packaging solutions for multi-die chips will become the norm for high-performance and power-efficient computing. IBM Research has an active program of developing unique 2.5D and 3D die-stacking technologies. Today the preferred substrate for building these multi-die chips is still made from silicon, based on the availability of tools and manufacturing knowledge. There are still unique process steps that must be developed to handle the specialized processing, including laser debonding techniques.

IBM also works with test equipment manufacturers because building 3D structures with chiplets presents some unique testing challenges. Third party EDA vendors also need to be part of the development process, because the ultimate goal of chiplet-based design is to be able to combine chips from different process nodes and different foundries.

Today chiplet technology is embryonic, but the future will absolutely need this technology to build the next generation of data center hardware. The is a situation where the economics and technology are coming together at the right time.

Summary

The Albany NanoTech Center is a model for the semiconductor industry and demonstrates one way to bring researchers from various disciplines and various organizations together to advance the state-of-the-art semiconductor technology. But this model also needs to scale up and be replicated throughout North America. With more funding and more scale, there also needs to be an appropriately skilled workforce. Here is where the US needs to make investments in STEM education on par with the late 1950s Space Race and sites like Albany that offer R&D on leading-edge process development that should inspire more students to go into physics, chemistry, and electrical engineering and not into building the next crypto currency startup.

Tirias Research tracks and consults for companies throughout the electronics ecosystem from semiconductors to systems and sensors to the cloud. Members of the Tirias Research team have consulted for IBM, Intel, GlobalFoundries, Samsung, and other foundries.

Mon, 08 Aug 2022 11:08:00 -0500 Kevin Krewell en text/html https://www.forbes.com/sites/tiriasresearch/2022/08/08/ibm-research-albany-nanotech-center-is-a-model-to-emulate-for-chips-act/
Killexams : Automated Testing Software Market Is Projected To Grow At An Exemplary Growth Rate of Around 8.62% By 2025 | 127 Report Pages

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

"The Automated Testing Software market revenue was 7397 Million USD in 2019, and will reach 12148 Million USD in 2025, with a CAGR of 8.62% during 2020-2025."

Automated Testing Software Market Insights 2022 By Automated Unit Tests, Automated Web Service, Automated GUI Tests (Automated Unit Tests, Automated Web Service, Automated GUI Tests1), Applications (Log files, External services, The database, Others1), Regions and Forecast to 2027. The global Automated Testing Software market size is projected to reach multi-million by 2027, in comparison to 2022, with unexpected CAGR during the forecast period, the Automated Testing Software Market Report Contains Full TOC, Tables and Figures, and Chart with In-depth Analysis Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Region.

During the COVID-19 period, the global economy may be affected in three different ways: directly as it relates to production and demand, indirectly as it relates to supply chains and markets, and as a result of its financial consequences on firms and financial markets. Analysts monitoring the situation around the world explain that producers will be rewarded after the COVID-19 crisis. In this report, we provide an additional illustration of the latest economic slowdown, COVID-19 impact on the industry, and the latest scenario.

Final Report will add the analysis of the impact of COVID-19 on this industry.

TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE

This Automated Testing Software Market report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of the Automated Testing Software Market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and Checked primary sources.

Get a trial PDF of report - https://www.marketgrowthreports.com/enquiry/request-sample/18478842

The research covers the current Rectifiers market size of the market and its growth rates based on 6-year records with a company outline of Key Players/Manufacturers:

● QualitiaSoft Pvt. Ltd. ● Tricentis ● National Instruments Corporation ● Worksoft Inc. ● International Business Machines (IBM) Corporation ● Hewlett-Packard Enterprise ● Zensoft Services Pvt. Ltd. ● Original Software ● Ranorex GmbH ● WinTask (France), ● SmartBear Software ● Oracle Corporation ● QATestLab ● ThinkSys, Inc.

Automated Testing Software Market Analysis and Insights:

The Global Automated Testing Software Market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2027. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

The Automated Testing Software market revenue was 7397 Million USD in 2019, and will reach 12148 Million USD in 2025, with a CAGR of 8.62% during 2020-2025. Unit testing consumes a larger percentage of share of resources of quality assurance (QA) and in order to simplify the testing efforts, automated testing software is used involving testing to be done with minimum scripts. The automated testing software is used for executing tests, creating reports and comparing results. The automated testing software is extremely useful for regression testing, which is a time consuming and extremely tedious process. Additional benefits offered by automated testing software is environment simulation where testing software can be replicated to create user environment where GUI response is created and analyzed.

This report elaborates the market size, market characteristics, and market growth of the Automated Testing Software industry, and breaks down according to the type, application, and consumption area of Automated Testing Software. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.

In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Automated Testing Software in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.

Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.

In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.

Get a trial Copy of the Automated Testing Software Market Report 2022

The report further studies the market development status and future Automated Testing Software Market trend across the world. Also, it splits Automated Testing Software Market Segmentation by Type and by Application to fully and deeply research and reveal market profile and prospects.

On the basis of product type this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

● Automated Unit Tests ● Automated Web Service ● Automated GUI Tests

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

● Log files ● External services ● The database ● Others

Chapters 7-26 focus on the regional market. We have selected the most representative 20 countries from 197 countries in the world and conducted a detailed analysis and overview of the market development of these countries.

● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Columbia etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

SOME OF THE KEY QUESTIONS ANSWERED IN THIS REPORT:

● What is the global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) sales value, production value, consumption value, import and export of Automated Testing Software? ● Who are the global key manufacturers of the Automated Testing Software Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)? ● What are the Automated Testing Software market opportunities and threats faced by the vendors in the global Automated Testing Software Industry? ● Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application? ● What focused approach and constraints are holding the Automated Testing Software market? ● What are the different sales, marketing, and distribution channels in the global industry? ● What are the upstream raw materials and manufacturing equipment of Automated Testing Software along with the manufacturing process of Automated Testing Software? ● What are the key market trends impacting the growth of the Automated Testing Software market? ● Economic impact on the Automated Testing Software industry and development trend of the Automated Testing Software industry? ● What are the market opportunities, market risk, and market overview of the Automated Testing Software market? ● What are the key drivers, restraints, opportunities, and challenges of the Automated Testing Software market, and how they are expected to impact the market? ● What is the Automated Testing Software market size at the regional and country-level?

Inquire more and share questions if any before the purchase on this report at - https://www.marketgrowthreports.com/enquiry/pre-order-enquiry/18478842

Major Points from Table of Contents -

Global Automated Testing Software Market Research Report 2022-2027, by Manufacturers, Regions, Automated Unit Tests, Automated Web Service, Automated GUI Tests and Applications

1 Introduction

1.1 Objective of the Study

1.2 Definition of the Market

1.3 Market Scope

1.3.1 Market Segment by Type, Application and Marketing Channel

1.3.2 Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)

1.4 Years Considered for the Study (2017-2027)

1.5 Currency Considered (U.S. Dollar)

1.6 Stakeholders

2 Key Findings of the Study

3 Market Dynamics

3.1 Driving Factors for this Market

3.2 Factors Challenging the Market

3.3 Opportunities of the Global Automated Testing Software Market (Regions, Growing/Emerging Downstream Market Analysis)

3.4 Technological and Market Developments in the Automated Testing Software Market

3.5 Industry News by Region

3.6 Regulatory Scenario by Region/Country

3.7 Market Investment Scenario Strategic Recommendations Analysis

4 Value Chain of the Automated Testing Software Market

4.1 Value Chain Status

4.2 Upstream Raw Material Analysis

4.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)

4.4 Distributors/Traders

4.5 Downstream Major Customer Analysis (by Region)

Get a trial Copy of the Automated Testing Software Market Report 2022

5 Global Automated Testing Software Market-Segmentation by Type

6 Global Automated Testing Software Market-Segmentation by Application

7 Global Automated Testing Software Market-Segmentation by Marketing Channel

7.1 Traditional Marketing Channel (Offline)

7.2 Online Channel

8 Competitive Intelligence Company Profiles

9 Global Automated Testing Software Market-Segmentation by Geography

9.1 North America

9.2 Europe

9.3 Asia-Pacific

9.4 Latin America

9.5 Middle East and Africa

10 Future Forecast of the Global Automated Testing Software Market from 2022-2027

10.1 Future Forecast of the Global Automated Testing Software Market from (2022-2027) Segment by Region

10.2 Global Automated Testing Software Production and Growth Rate Forecast by Type (2022-2027)

10.3 Global Automated Testing Software Consumption and Growth Rate Forecast by Application (2022-2027)

11 Appendix

11.1 Methodology

12.2 Research Data Source

Continued….

Browse complete table of contents at -

https://www.marketgrowthreports.com/TOC/18478842#Tables

Reasons to buy this report:

● To get a comprehensive overview of the Automated Testing Software Market ● To gain wide ranging information about the top players in this industry, their product portfolios, and key strategies adopted by the players. ● To gain insights of the countries/regions in the Automated Testing Software Market.

Purchase this report (Price 3260 USD for a single-user license) - https://www.marketgrowthreports.com/purchase/18478842

About Us:

Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Market Growth Reports is the credible source for gaining the market reports that will provide you with the lead your business needs.

Contact Us:

Market Growth Reports

Email : sales@marketgrowthreports.com

Web: www.marketgrowthreports.com

Phone : US +(1) 424 253 0946 / UK +(44) 203 239 8187

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Automated Testing Software Market Is Projected To Grow At An Exemplary Growth Rate of Around 8.62% By 2025 | 127 Report Pages

COMTEX_411813930/2598/2022-08-08T00:48:32

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

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

Sun, 07 Aug 2022 16:48:00 -0500 en-US text/html https://www.marketwatch.com/press-release/automated-testing-software-market-is-projected-to-grow-at-an-exemplary-growth-rate-of-around-862-by-2025-127-report-pages-2022-08-08
Killexams : Automation Testing Market Size Worth USD 107.81 Billion At CAGR Of 33.41%, By 2028

(MENAFN- EIN Presswire)

Reports And Data

Automation Testing Market Size – USD 10.76 Billion in 2020, Market Growth - CAGR of 33.41%, Market Trends – the Digitalized transformation of testing

NEW YORK, NY, UNITED STATES, August 4, 2022 /EINPresswire.com / -- The major contributing factor for the growth of the market for Automation Testing can be the rise of DevOps methodology in automation. The goal of DevOps is to create collaboration between development and operations business units to Improve communication within an organization.

The Automation Testing market is expected to grow from USD 10.76 Billion in 2020 to USD 107.81 Billion by 2028, at a CAGR of 33.41% during the forecast period. The transformation of testing in digital testing, the rise of DevOps methodology, and increasing usage of mobile phones and advanced technologies are some of the driving factors of the market. Organizations now need to get their products and services given or taken within a short time frame, giving an advantage to automation testing. Some other factors contributing to the growth of automation testing market are the technology advancements giving rise to technology automation testing and the need for quality assurance and testing.

The issues faced by enterprises are data protection, security concerns as well as the high initial investments in setting up the appropriate testing environment, which may restrain the growth of the automation testing market.

Players will require increased investments to tackle these restraints and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges of the Automation Testing market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.

Get a trial of the report @

Key players within Automation Testing market are Parasoft (US), CA Technologies (US), Microsoft (US), Tricentis (Austria), IBM (US), Capgemini (France), SmartBear Software (US), Cigniti Technologies (India), Ranorex (Austria), Micro Focus (UK), and TestPlant (UK).

Further key findings from the report suggest

•The Automation Testing market is expected to grow from USD 10.76 Billion in 2020 to USD 107.81 Billion by 2028, at a CAGR of 33.41% during the forecast period.
•The major contributing factors for the growth of the market for Automation Testing can be the transformation of testing in digital testing, the rise of DevOps methodology, increasing usage of mobile phones and advanced technologies, technology advancements giving rise to technology automation testing and the need of quality assurance and testing.
•Types of testing segment the Automation Testing market into functional and non-functional testing. Non-functional testing dominates the segment, with an approximate market share of USD 4.48 Billion in the base year, since it examines the system's performance under load, its security, and disaster recovery procedures. Nonfunctional testing further looks into the system's Security testing, Performance testing, Compatibility testing, Compliance testing, and Usability testing.
•The automation testing market is segmented by service into advisory & consulting services, planning & development services, support & maintenance services, documentation & training services, implementation services, managed services, and others. The implementation services are expected to witness the highest growth, at a CAGR of 36.9%, during the forecast period, due to its executing automation testing, as they help in implementing new versions of automation testing tools as well as integrate them with the traditional testing tools.
•The Automation Testing Market is segmented by endpoint interface into Mobile, Web, and Desktop. Mobile segment is expected to grow with the highest CAGR of 33.7%, during the forecast period, since it is adapted and used adversely. The growth in the Android, iOS, Windows, hybrid and other such markets are the driving factors for this segment.
•The Automation Testing market is segmented by organization size into large and small & medium-sized enterprises. Large and medium-sized mostly adopt the automation test, small-sized enterprises may find it a little unaffordable, thus lowering the market of automation testing in the small-sized enterprise segment.
•The Automation Testing Market is segmented by industry vertical into banking, financial services, & insurance, retail, automotive, defense & aerospace, healthcare & life sciences, telecom & it, manufacturing, logistics & transportation and energy & utilities. Healthcare segment is expected to witness the highest growth at a CAGR of 33.9%, during the forecast period. The increased use of mobile devices in this industry, the growing population, changing lifestyles, awareness in health-related issues are some of the driving factors for this segment. Another segment which is expected to witness growth in the banking, financial services, and insurance, the reason being the adoption of advanced technologies by this sector for financial services, IT automation, and reforms in economies and banking services worldwide.
•The Automation Testing Market is segmented by Geography into North America, Europe, Asia Pacific and Rest of the World. North America, being a developed region, dominates the market, with a market share of USD 2.7 billion, since it focuses on the utmost security and is readily adopting new and advanced technologies. APAC, since has started adopting automation testing across multiple verticals, is expected to witness the highest growth at a CAGR of 33.6%, during the forecast period.

The report “Automation Testing Market -Global Forecast 2026” is available now to Reports and Data customers and can also be purchased directly at: 

For this report, the market has been segmented by testing type, service, endpoint interface, organization size, industry vertical and regional analysis.

Automation Testing Market by Testing type (Revenue, USD Million; 2018-2028)

Functional Testing
Non-Functional Testing
Application Programming Interface Testing
Security Testing
Performance Testing
Compatibility Testing
Compliance Testing
Usability Testing

Automation Testing Market by Service (Revenue, USD Million; 2018-2028)

Advisory and Consulting Services
Planning and Development Services
Support and Maintenance Services
Documentation and Training Services
Implementation Services
Managed Services
Others

Automation Testing Market by the end-user interface (Revenue, USD Million; 2018-2028)

Mobile
Web
Desktop

Automation Testing Market, by Organization size (Revenue, USD Million; 2018-2028)

Large Enterprises
Small and Medium-Sized Enterprises

Automation Testing Market, by Industry vertical (Revenue, USD Million; 2018-2028)

Banking, Financial Services, and Insurance
Retail
Automotive
Defense and Aerospace
Healthcare and Life Sciences
Telecom and IT
Manufacturing
Logistics and Transportation
Energy and Utilities

Automation Testing Market Regional Outlook (Revenue, USD Million; 2018-2028)

North America
Europe
APAC
RoW
Middle East & Africa

Request a customization of the report @

Key Advantages of Automation Testing Report:

•Identification and analysis of the market size and competition
•Qualitative and quantitative analysis of the market data
•Data validated by industry experts after extensive primary and secondary research
•Extensive regional analysis of the Automation Testing industry
•Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
•SWOT and Porter's Five Forces Analysis for in-depth understanding of the competitive landscape
•Feasibility analysis and investment analysis to enable strategic investment decisions
•Analysis of opportunities, drivers, restraints, challenges, risks, and limitations

Conclusively, all aspects of the Automation Testing market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

Tushar Rajput
Reports and Data
+1 212-710-1370
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

MENAFN04082022003118003196ID1104644035


Wed, 03 Aug 2022 20:30:00 -0500 Date text/html https://menafn.com/1104644035/Automation-Testing-Market-Size-Worth-USD-10781-Billion-At-CAGR-Of-3341-By-2028
Killexams : IBM Report: Data Breach Costs Reach All-Time High

For the twelfth year in a row, healthcare saw the costliest breaches among all industries with the average cost reaching $10.1 million per breach.

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

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

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

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

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

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

Over-trusting Critical Infrastructure Organizations

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

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

Businesses that Pay the Ransom Aren’t Getting a “Bargain”

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

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

Hybrid Cloud Advantage

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

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

Additional findings in the 2022 IBM report include:

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

To get a copy of the 2022 Cost of a Data Breach Report, visit https://www.ibm.com/security/data-breach.

Fri, 29 Jul 2022 02:15:00 -0500 CS Staff en text/html https://www.campussafetymagazine.com/research/ibm-report-data-breach-costs-reach-all-time-high/
Killexams : The Rise Of Digital Twin Technology

Senior advisor to the ACIO and executive leadership at the IRS.

The ongoing global digital transformation is fueling innovation in all industries. One such innovation is called digital twin technology, which was originally invented 40 years ago. When the Apollo mission was developed, scientists at NASA created a digital twin of the mission Apollo and conducted experiments on the clone before the mission started. Digital twin technology is now becoming very popular in the manufacturing and healthcare industries.

Do you know that the densely populated city of Shanghai has its own fully deployed digital twin (virtual clone) covering more than 4,000 kilometers? This was created by mapping every physical device to a new virtual world and applying artificial intelligence, machine learning and IoT technologies to that map. Similarly, Singapore is bracing for a full deployment of its own digital twin. The McLaren sports car already has its own digital twin.

Companies like Siemens, Philips, IBM, Cisco, Bosch and Microsoft are already miles ahead in this technology, fueling the Fourth Industrial Revolution. The conglomeration of AI, IoT and data analytics predicts the future performance of a product even before the product’s final design is approved. Organizations can create a planned process using digital twin technology. With a digital twin, process failures can be analyzed ahead of production. Engineering teams can perform scenario-based testing to predict the failures, identify risks and apply mitigation in simulation labs.

Digital twins produce a digital thread that can then enable data flows and provide an integrated view of asset data. These digital threads are the key to the product life cycle and help optimize product life cycles. The simulation of a digital thread can identify gaps in operational efficiencies and produce a wealth of process improvement opportunities through the application of AI.

Another reason behind the overwhelming success of digital twin technology is its use in issue identification and minor product design corrections while products are in operations. For example, for a high-rise building, with a digital twin, we can identify minor structural issues and implement them in the virtual world before carrying them over to the real world, cutting down long testing cycles.

By the end of this decade, scientists may come up with a fully functional digital twin of a human being that can tremendously help in medical research. There may be a digital version of some of us walking around, and when needed, it can provide updates to our family or healthcare providers regarding any critical health conditions we may have. Some powerful use cases for the use of digital twin humans include drug testing and proactive injury prevention.

Organizations starting to think about implementing digital twin technology in product manufacturing should first look at the tremendous innovation done by leaders like Siemens and GE. There are hundreds of case studies published by these two organizations that are openly available on the market. The next step is to create a core research team and estimate the cost of implementing this technology with the right ROI justification for your business stakeholder. This technology is hard to implement, and it’s also hard to maintain. That’s why you should develop a long-term sustainable strategy for digital twin implementation.


Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?


Wed, 03 Aug 2022 02:00:00 -0500 Kiran Palla en text/html https://www.forbes.com/sites/forbestechcouncil/2022/08/03/the-rise-of-digital-twin-technology/
Killexams : IBM Announces Novel Advancement in 3D Wafer Stacking
This site may earn affiliate commissions from the links on this page. Terms of use.

At this point we’re all familiar with the global chip shortage. It’s affected every single industry in the world, it seems. Now IBM has come up with a new way to manufacture silicon wafers that it says could ease the strain a bit. It partnered with Tokyo Electron (TEL) on creating a new method for stacking silicon wafers vertically. Although IBM’s most advanced research node is currently 2nm, it doesn’t state which process it’s using for this technique. It only mentions it’s using it to stack 300mm (12-inch) wafers.

IBM’s announcement claims it’s the first of its kind for a wafer of this size. The goal is to advance Moore’s Law by making wafer stacking a simpler process. This will allow IBM to add more transistors to a given volume via stacking. It notes that traditionally 3D stacking has only been used in “high end operations” such as with High-Bandwidth Memory (HBM). AMD has notably also done it recently with the L3 cache on its Ryzen 7 5800X3D CPU. It also was the first GPU company to employe HBM on a GPU with its Fiji and Fury families, back in 2015.

(Image: IBM)

IBM’s new process is essentially a novel way to join silicon wafers together. Traditional chip-stacking requires through-silicon vias (TSVs) between the layers. This allows electricity to flow upwards into the stack, and for both layers to work in tandem. This requires the backside of the layer to be thinned to reveal the TSVs for the other layer to connect to them. The layers in a stack are very thin, measuring less than 100 microns. Due to their fragility, they require a carrier wafer to support them.

Typically these carrier wafers are made of glass. The carrier wafer is bonded to the wafer to make sure it can go through production without being damaged. Once it’s finished production, the carrier is removed with a UV laser. In some cases a silicon carrier can be used too, but separating it from the layer requires a mechanical force. This can be dangerous for the integrity of the wafer it’s supposed to be protecting. This is where IBM’s new invention comes into play, as it’s figured out a way to debond two silicon wafers that’s transparent to silicon. It has achieved this by using an infrared laser to decouple the wafers.

This will allow two silicon wafers to be stacked without the use of glass carriers. Instead manufactures can just skip that step and go straight to silicon-to-silicon. IBM says in addition to simplifying the process by no longer requiring this extra step, there are other advantages as well. As an example it says it will help in eliminating tool compatibility and chucking issues, introduce fewer defects, and allow for inline testing of thinned wafers. These benefits will enable “advanced chiplet production” according to IBM. It also says its technology can scale very well.

IBM and TEL have been working on this technology since 2018, so it’s been in the hopper for a little while. This could be a crucial development for the industry given where things are headed in silicon fabrication. As node sizes shrink down to sub-2nm, packaging and stacking technologies will become a crucial advantage for companies looking to increase performance when “moving to a smaller node” is no longer an option.

Intel is already looking to begin advanced 3D stacking with Meteor Lake, using its Foveros technology. AMD is way ahead of the game on that front, as mentioned previously. However, so far it’s only stacking L3 cache on its CPUs with Zen 3. However, there are rumors it will repeat that with Zen 4 as well with so-called Raphael-X products. It remains unclear if stacking will also be employed in its upcoming RDNA3 GPUs.

IBM says it’s built a beta tooling facility in Albany, NY to work on its new technology. In the future it will be expanding its work. Its goal is to eventually create a full 3D chip stack using this technology. The company says this advancement will help with supply chain issues, while also allowing for performance benefits too. “We hope our work will help cut down on the number of products needed in the semiconductor supply chain, while also helping drive processing power improvements for years to come,” it stated.

Now Read:

Tue, 12 Jul 2022 01:49:00 -0500 Josh Norem en-US text/html https://www.extremetech.com/extreme/337853-ibm-announces-novel-advancement-in-3d-wafer-stacking
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 : Astadia Publishes Mainframe to Cloud Reference Architecture Series No result found, try new keyword!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, ... Wed, 03 Aug 2022 02:00:00 -0500 https://finance.dailyherald.com/dailyherald/article/bizwire-2022-8-3-astadia-publishes-mainframe-to-cloud-reference-architecture-series 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 get 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 : IBM Report: Consumers Pay the Price as Data Breach Costs Reach All-Time High

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

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

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

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

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

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

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

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

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

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

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

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

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

Additional findings in the 2022 IBM report include:

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

Additional Sources

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

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

Press Contact:

IBM Security Communications
Georgia Prassinos
gprassinos@ibm.com

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

Photo - https://mma.prnewswire.com/media/1865847/IBM_CODB.jpg

Logo - https://mma.prnewswire.com/media/95470/ibm_logo.jpg 

SOURCE IBM

Tue, 26 Jul 2022 16:01:00 -0500 en text/html https://www.prnewswire.co.uk/news-releases/ibm-report-consumers-pay-the-price-as-data-breach-costs-reach-all-time-high-877600169.html
00M-647 exam dump and training guide direct download
Training Exams List