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C2090-317 DB2 11 System Administrator for z/OS

Exam Name IBM Certified System Administrator - DB2 11 for z/OS
Exam Code C2090-317
Duration 90 mins
Number of Questions 58
Passing Score : 38 / 58

- Given a scenario, demonstrate knowledge of the installation/migration plan process
- Ability to identify additional environments necessary (WLM, Unix system services, XML schema support, RACF or equivalent, SMS)
- Given a scenario, describe how to execute the installation/migration plan
- Evaluate appropriate subsystem parameter (DSNZPARM) settings
- Evaluate appropriate migration to extended RBA/LRSN tasks
- Given a scenario, demonstrate knowledge of how to protect DB2 subsystem and resources (implementing external security only)
Knowledge of various System authorities
Support for distributed identities, connection level security enforcement
Program authorization and masking including enhancements
- Describe auditing techniques (policies)
- Describe role-based security and the advantage of deploying it (trusted context)
- Describe how to use and manage DB2 components and processes (adminitrative task scheduler) (REPAIR, STOSPACE, DSNJU003, DSN1COMP)
- Demonstrate knowledge of DB2 commands
- Given a scenario, describe how to monitor and control DB2 threads
- Knowledge of DB2 data sharing system operation and maintenance
- Knowledge of distributed functionality
- Demonstrate knowledge of advanced backup and recovery (system level, data set level, undo, redo, backup, flash copy, DSS, HSM, DSNJU004, DSN1COPY, DSN1LOGP, DSN1PRNT, Extended RBA, etc.)
- Given a scenario, describe how to recover from system failures (restart, conditional restart)
- Describe the process for disaster recovery
- Describe DB2 data sharing recovery scenarios
- Knowledge of consideration/impact of extended and non-extended RBA/LRSN tasks
- Given a scenario, analyze performance
- Demonstrate knowledge of how buffer pools and system parameters (DSNZPARMs) can affect performance - concurrency
- Demonstrate knowledge of persistance threads (bind parameters, reallocate, protected threads)
- Demonstrate knowledge of statistics, tools, and traces used for monitoring (trace definitions)
- Given a scenario, describe techniques to achieve efficient use of memory (flash memory, large buffer pools) Statement Cache (Dynamic, Static, EDM Pool)
- Demonstrate knowledge of workload manager (WLM) settings for DB2
- Knowledge of RUNSTATS (autonomic, manual, RTS, and feedback)
- Knowledge of Reorg in the context of system tuning and performance (system level settings, subsystem parameters, reduction of indirect references)
- Knowledge of specialty engines and how they affect performance (ziips)
- Given a scenario, describe which documentation can be used to solve a problem
- Demonstrate knowledge of DB2 commands and traces for troubleshooting
- Describe how to identify distributed threads
- Demonstrate knowledge of diagnostic utilities (REPAIR, DSNJU003, DSN1CHKR)
- Given a scenario, identify and resolve DB2 data sharing problems

DB2 11 System Administrator for z/OS
IBM Administrator information source
Killexams : IBM Administrator information source - BingNews https://killexams.com/pass4sure/exam-detail/C2090-317 Search results Killexams : IBM Administrator information source - BingNews https://killexams.com/pass4sure/exam-detail/C2090-317 https://killexams.com/exam_list/IBM Killexams : IBM extends Power10 server lineup for enterprise use cases

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IBM is looking to grow its enterprise server business with the expansion of its Power10 portfolio announced today.

IBM Power is a RISC (reduced instruction set computer) based chip architecture that is competitive with other chip architectures including x86 from Intel and AMD. IBM’s Power hardware has been used for decades for running IBM’s AIX Unix operating system, as well as the IBM i operating system that was once known as the AS/400. In more exact years, Power has increasingly been used for Linux and specifically in support of Red Hat and its OpenShift Kubernetes platform that enables organizations to run containers and microservices.

The IBM Power10 processor was announced in August 2020, with the first server platform, the E1080 server, coming a year later in September 2021. Now IBM is expanding its Power10 lineup with four new systems, including the Power S1014, S1024, S1022 and E1050, which are being positioned by IBM to help solve enterprise use cases, including the growing need for machine learning (ML) and artificial intelligence (AI).

What runs on IBM Power servers?

Usage of IBM’s Power servers could well be shifting into territory that Intel today still dominates.

Steve Sibley, vp, IBM Power product management, told VentureBeat that approximately 60% of Power workloads are currently running AIX Unix. The IBM i operating system is on approximately 20% of workloads. Linux makes up the remaining 20% and is on a growth trajectory.

IBM owns Red Hat, which has its namesake Linux operating system supported on Power, alongside the OpenShift platform. Sibley noted that IBM has optimized its new Power10 system for Red Hat OpenShift.

“We’ve been able to demonstrate that you can deploy OpenShift on Power at less than half the cost of an Intel stack with OpenShift because of IBM’s container density and throughput that we have within the system,” Sibley said.

A look inside IBM’s four new Power servers

Across the new servers, the ability to access more memory at greater speed than previous generations of Power servers is a key feature. The improved memory is enabled by support of the Open Memory Interface (OMI) specification that IBM helped to develop, and is part of the OpenCAPI Consortium.

“We have Open Memory Interface technology that provides increased bandwidth but also reliability for memory,” Sibley said. “Memory is one of the common areas of failure in a system, particularly when you have lots of it.”

The new servers announced by IBM all use technology from the open-source OpenBMC project that IBM helps to lead. OpenBMC provides secure code for managing the baseboard of the server in an optimized approach for scalability and performance.

E1050

Among the new servers announced today by IBM is the E1050, which is a 4RU (4 rack unit) sized server, with 4 CPU sockets, that can scale up to 16TB of memory, helping to serve large data- and memory-intensive workloads.

S1014 and S1024

The S1014 and the S1024 are also both 4RU systems, with the S1014 providing a single CPU socket and the S1024 integrating a dual-socket design. The S1014 can scale up to 2TB of memory, while the S1024 supports up to 8TB.

S1022

Rounding out the new services is the S1022, which is a 1RU server that IBM is positioning as an ideal platform for OpenShift container-based workloads.

Bringing more Power to AI and ML

AI and ML workloads are a particularly good use case for all the Power10 systems, thanks to optimizations that IBM has built into the chip architecture.

Sibley explained that all Power10 chips benefit from IBM’s Matrix Match Acceleration (MMA) capability. The enterprise use cases that Power10-based servers can help to support include organizations that are looking to build out risk analytics, fraud detection and supply chain forecasting AI models, among others. 

IBM’s Power10 systems support and have been optimized for multiple popular open-source machine learning frameworks including PyTorch and TensorFlow.

“The way we see AI emerging is that a vast majority of AI in the future will be done on the CPU from an inference standpoint,” Sibley said.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.

Mon, 11 Jul 2022 23:01:00 -0500 Sean Michael Kerner en-US text/html https://venturebeat.com/programming-development/ibm-extends-power10-server-lineup-for-enterprise-use-cases/
Killexams : API Management Software Market to See Huge Growth by 2027 : IBM, Dell, Akana

AMA introduce new research on Global API Management Software covering micro level of analysis by competitors and key business segments (2021-2027). The Global API Management Software explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing.

Ask sample Report PDF @ https://www.advancemarketanalytics.com/sample-report/7799-global-api-management-software-market-1

Some of the Major Key players profiled in the study are IBM (United States), Dell (United States), InSync Tech-Fin Solutions (India), Red Hat Software (United States), Akana (United States), Kong Enterprise (United States), Software AG (Germany), Informatica (United States), CA Technologies (United States), MuleSoft (United States).

API management software enables users to monitor, control, and monetize their application program interfaces (APIs) in a secure development environment.  This software is widely used to administer & monitor connection consistency, traffic, errors, and security & real-time integrations effortlessly.  This software enables enterprises to design & build APIs that can securely share their services and data.  Moreover, these software solutions offer insights on the number of requests incoming and users accessing any data with threat protection security features. Although there is a dearth of skilled developers the use of API management software offers businesses have a flexible approach to operate their businesses more efficiently in the digital world.

Influencing Market Trend

  • Rising Popularity of Web APIs
  • Rapid Adoption of the Internet of Things and Big Data in Emerged Economies

Market Drivers

  • Increasing Mobility and App Proliferation Worldwide
  • Growing Number of Mobile Subscribers and Penetration of E-Commerce

Opportunities:

  • Surging Need of System Integrators, Digital Transformation, SOA and PaaS Integrations

Challenges:

  • Server Availability Constraints

For more data or any query mail at [email protected]

Which market aspects are illuminated in the report?

Executive Summary: It covers a summary of the most vital studies, the Global API Management Software market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global API Management Software market, the years measured and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a products, value, SWOT analysis, their ability and other significant features.

Manufacture by region: This Global API Management Software report offers data on imports and exports, sales, production and key companies in all studied regional markets

Highlighted of Global API Management Software Market Segments and Sub-Segment:

API Management Software Market by Key Players: IBM (United States), Dell (United States), InSync Tech-Fin Solutions (India), Red Hat Software (United States), Akana (United States), Kong Enterprise (United States), Software AG (Germany), Informatica (United States), CA Technologies (United States), MuleSoft (United States)

API Management Software Market: by Application (Small Businesses and Individual Professionals, Midsize Businesses, Large Enterprises), Deployment Type (On-Premises, Cloud Based), Industry Verticals (BFSI, IT & Telecom, Government, Healthcare, Retail & Consumer Goods, Others Industry), Solution Type (API Portal, Security, API Gateway, API Analytics, Administration)

API Management Software Market by Geographical Analysis: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Middle East & Africa, Egypt, South Africa, Israel, Turkey & GCC Countries

For More Query about the API Management Software Market Report? Get in touch with us at: https://www.advancemarketanalytics.com/enquiry-before-buy/7799-global-api-management-software-market-1

The study is a source of reliable data on: Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain and investor analysis.

Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter’s five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.

Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.

Key Points in the Market: The key features of this API Management Software market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.

Basic Questions Answered
*who are the key market players in the API Management Software Market?
*Which are the major regions for dissimilar trades that are expected to eyewitness astonishing growth for the
*What are the regional growth trends and the leading revenue-generating regions for the API Management Software Market?
*What are the major Product Type of API Management Software?
*What are the major applications of API Management Software?
*Which API Management Software technologies will top the market in next 5 years?

Examine Detailed Index of full Research Study [email protected]: https://www.advancemarketanalytics.com/reports/7799-global-api-management-software-market-1

Table of Content

Chapter One: Industry Overview

Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis

Chapter Three: Production Market Analysis

Chapter Four: Sales Market Analysis

Chapter Five: Consumption Market Analysis

Chapter Six: Production, Sales and Consumption Market Comparison Analysis

Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis

Chapter Eight: Competition Analysis by Players

Chapter Nine: Marketing Channel Analysis

Chapter Ten: New Project Investment Feasibility Analysis

Chapter Eleven: Manufacturing Cost Analysis

Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Buy the Full Research report of Global API Management Software [email protected]: https://www.advancemarketanalytics.com/buy-now?format=1&report=7799

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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Thu, 28 Jul 2022 20:22:00 -0500 Newsmantraa en-US text/html https://www.digitaljournal.com/pr/api-management-software-market-to-see-huge-growth-by-2027-ibm-dell-akana
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 exact study, the global Smart Metering Solution market will grow significantly during forecast period 2022-2028.

Click the link to get a sample 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, exact 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)

Get maximum Discount on this Report:

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

Reasons to Purchase this Report:

  • Analyzing the outlook of the market with the exact 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, exact developments, SWOT analysis, and strategies employed by the major market players

Explore Full Report with Detailed TOC Here:

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

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.

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Also Read:

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

COMTEX_411402822/2599/2022-08-02T06:14:33

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.

Mon, 01 Aug 2022 22:14:00 -0500 en-US text/html https://www.marketwatch.com/press-release/smart-metering-solution-market-2022-global-outlook-and-future-scope-analysis-by-stmicroelectronics-honeywell-ibm-abb-sms-plc-kamstrup-2022-08-02
Killexams : International Business Machines Corporation (IBM) Is a Trending Stock: Facts to Know Before Betting on It

IBM (IBM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this technology and consulting company have returned -6.4% over the past month versus the Zacks S&P 500 composite's +7.8% change. The Zacks Computer - Integrated Systems industry, to which IBM belongs, has lost 2.5% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate Revisions

Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

IBM is expected to post earnings of $1.88 per share for the current quarter, representing a year-over-year change of -25.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -27.5%.

The consensus earnings estimate of $9.47 for the current fiscal year indicates a year-over-year change of +19.4%. This estimate has changed -4.3% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $10.05 indicates a change of +6.2% from what IBM is expected to report a year ago. Over the past month, the estimate has changed -6.3%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the exact change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for IBM.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

12-month consensus EPS estimate for IBM _12MonthEPSChartUrl

Revenue Growth Forecast

While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For IBM, the consensus sales estimate for the current quarter of $13.91 billion indicates a year-over-year change of -21%. For the current and next fiscal years, $59.9 billion and $61.2 billion estimates indicate -15.4% and +2.2% changes, respectively.

Last Reported Results and Surprise History

IBM reported revenues of $15.54 billion in the last reported quarter, representing a year-over-year change of -17.1%. EPS of $2.31 for the same period compares with $2.33 a year ago.

Compared to the Zacks Consensus Estimate of $15.12 billion, the reported revenues represent a surprise of +2.75%. The EPS surprise was +0.87%.

Over the last four quarters, IBM surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.

Valuation

Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

IBM is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom Line

The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about IBM. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
International Business Machines Corporation (IBM) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.

Tue, 02 Aug 2022 02:34:00 -0500 en-US text/html https://finance.yahoo.com/news/international-business-machines-corporation-ibm-130001931.html
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 download a copy of the 2022 Cost of a Data Breach Report, please visit: https://www.ibm.com/security/data-breach. 
  • Read more about the report’s top findings in this IBM Security Intelligence blog.
  • Sign up for the 2022 IBM Security Cost of a Data Breach webinar on Wednesday, August 3, 2022, at 11:00 a.m. ET here.
  • Connect with the IBM Security X-Force team for a personalized review of the findings: https://ibm.biz/book-a-consult.

-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.

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

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

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

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

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

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

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

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

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

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

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

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

Additional findings in the 2022 IBM report include:

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

Additional Sources

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

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

Press Contact:

IBM Security Communications
Georgia Prassinos
gprassinos@ibm.com

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

IBM Corporation logo. (PRNewsfoto/IBM)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-report-consumers-pay-the-price-as-data-breach-costs-reach-all-time-high-301592749.html

SOURCE IBM

Tue, 26 Jul 2022 20:48:00 -0500 en-US text/html https://www.news10.com/business/press-releases/cision/20220727NY26218/ibm-report-consumers-pay-the-price-as-data-breach-costs-reach-all-time-high/
Killexams : International Business Machines Corporation (IBM) Is a Trending Stock: Facts to Know Before Betting on It

IBM (IBM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this technology and consulting company have returned -6.4% over the past month versus the Zacks S&P 500 composite's +7.8% change. The Zacks Computer - Integrated Systems industry, to which IBM belongs, has lost 2.5% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate Revisions

Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

IBM is expected to post earnings of $1.88 per share for the current quarter, representing a year-over-year change of -25.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -27.5%.

The consensus earnings estimate of $9.47 for the current fiscal year indicates a year-over-year change of +19.4%. This estimate has changed -4.3% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $10.05 indicates a change of +6.2% from what IBM is expected to report a year ago. Over the past month, the estimate has changed -6.3%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the exact change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for IBM.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

12-month consensus EPS estimate for IBM _12MonthEPSChartUrl

Revenue Growth Forecast

While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For IBM, the consensus sales estimate for the current quarter of $13.91 billion indicates a year-over-year change of -21%. For the current and next fiscal years, $59.9 billion and $61.2 billion estimates indicate -15.4% and +2.2% changes, respectively.

Last Reported Results and Surprise History

IBM reported revenues of $15.54 billion in the last reported quarter, representing a year-over-year change of -17.1%. EPS of $2.31 for the same period compares with $2.33 a year ago.

Compared to the Zacks Consensus Estimate of $15.12 billion, the reported revenues represent a surprise of +2.75%. The EPS surprise was +0.87%.

Over the last four quarters, IBM surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.

Valuation

Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

IBM is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom Line

The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about IBM. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
International Business Machines Corporation (IBM) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.

Tue, 02 Aug 2022 03:56:00 -0500 en-CA text/html https://ca.finance.yahoo.com/news/international-business-machines-corporation-ibm-130001931.html
Killexams : IBM Report: Consumers Pay the Price as Data Breach Costs Reach All-Time High

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

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

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

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

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

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

  • Critical Infrastructure Lags in Zero Trust – Almost 80% of critical infrastructure organizations studied don't adopt zero trust strategies, seeing average breach costs rise to $5.4 million – a $1.17 million increase compared to those that do. All while 28% of breaches amongst these organizations were ransomware or destructive attacks.

  • It Doesn't Pay to Pay – Ransomware victims in the study that opted to pay threat actors' ransom demands saw only $610,000 less in average breach costs compared to those that chose not to pay – not including the cost of the ransom. Factoring in the high cost of ransom payments, the financial toll may rise even higher, suggesting that simply paying the ransom may not be an effective strategy.

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

  • Security AI and Automation Leads as Multi-Million Dollar Cost Saver – Participating organizations fully deploying security AI and automation incurred $3.05 million less on average in breach costs compared to studied organizations that have not deployed the technology – the biggest cost saver observed in the study.

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

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

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

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

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

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

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

Additional findings in the 2022 IBM report include:

  • Phishing Becomes Costliest Breach Cause – While compromised credentials continued to reign as the most common cause of a breach (19%), phishing was the second (16%) and the costliest cause, leading to $4.91 million in average breach costs for responding organizations.

  • Healthcare Breach Costs Hit Double Digits for First Time Ever– For the 12th year in a row, healthcare participants saw the costliest breaches amongst industries with average breach costs in healthcare increasing by nearly $1 million to reach a record high of $10.1 million.

  • Insufficient Security Staffing – Sixty-two percent of studied organizations stated they are not sufficiently staffed to meet their security needs, averaging $550,000 more in breach costs than those that state they are sufficiently staffed.

Additional Sources

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

  • Read more about the report's top findings in this IBM Security Intelligence blog.

  • Sign up for the 2022 IBM Security Cost of a Data Breach webinar on Wednesday, August 3, 2022, at 11:00 a.m. ET here.

  • Connect with the IBM Security X-Force team for a personalized review of the findings: https://ibm.biz/book-a-consult.

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

Press Contact:

IBM Security Communications
Georgia Prassinos
gprassinos@ibm.com

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

IBM Corporation logo.

SOURCE IBM

Mon, 01 Aug 2022 02:54:00 -0500 en-AU text/html https://au.finance.yahoo.com/news/ibm-report-consumers-pay-price-040100120.html
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