There is no getting around it, if a business today loses accessto its data, it is soon out of business. There are many reasonswhy an organization could find its access to reliable, securedata compromised—everything from a missing laptop to acorporate merger to a hurricane (see Figure 1). Then there are the legal and compliance requirements. In fact, many
organizations that never previously considered themselves tobe potential targets for hackers, or maintainers of sensitivecustomer data, now find themselves every bit as responsiblefor compliance as banks, hospitals and other traditional sub-jects of compliance regulations.
Xavier Marguinaud, Underwriting Manager - Cyber at Tokio Marine HCC, contributes on Strategies to minimise loss and damage in Corporate Livewire Cyber Security & Data Protection Expert Guide, published in December 2017
This white paper provides guidance for how to adopt an Intelligence-Driven Security strategy that delivers three essential capabilities: visibility, analysis, and action.
RSA Security Brief : Taking Charge of Security in a Hyperconnected WorldEMC
The new RSA Security Brief highlights that basic security lapses still contribute to most security incidents. The report identifies top areas for improvement and provides practical guidance on measures that deliver the greatest impact on organizations' ability to respond to cyber attacks and data breaches.
About RSA Security Brief :
RSA Security Briefs provide security leaders and risk management executives with essential guidance on today's most pressing information security threats and opportunities. Each Brief is created by a select team of experts who connect experiences across organizations to share specialized knowledge on a critical security topic. Offering both big-picture insight and practical technology guidance, RSA Security Briefs are vital reading for today's forward-thinking security and risk management practitioners.
Read More via
Xavier Marguinaud, Underwriting Manager - Cyber at Tokio Marine HCC, contributes on Strategies to minimise loss and damage in Corporate Livewire Cyber Security & Data Protection Expert Guide, published in December 2017
This white paper provides guidance for how to adopt an Intelligence-Driven Security strategy that delivers three essential capabilities: visibility, analysis, and action.
RSA Security Brief : Taking Charge of Security in a Hyperconnected WorldEMC
The new RSA Security Brief highlights that basic security lapses still contribute to most security incidents. The report identifies top areas for improvement and provides practical guidance on measures that deliver the greatest impact on organizations' ability to respond to cyber attacks and data breaches.
About RSA Security Brief :
RSA Security Briefs provide security leaders and risk management executives with essential guidance on today's most pressing information security threats and opportunities. Each Brief is created by a select team of experts who connect experiences across organizations to share specialized knowledge on a critical security topic. Offering both big-picture insight and practical technology guidance, RSA Security Briefs are vital reading for today's forward-thinking security and risk management practitioners.
Read More via
SecureGRC: Unification of Security Monitoring and IT-GRCxmeteorite
SecureGRC from eGestalt Technologies, is a comprehensive solution covering enterprise security, governance, risk management, audit, and compliance needs through a unified solution offering delivered via Software as a service.
This Special Report from the Security for Business Innovation Council identifies four technology trends -- cloud computing, social media, big data, and mobile devices -- as game-changers for 2013 and offers concrete guidance on how security teams can meet these requirements.
How Infosec Can Become a Business Enabler: Interview with: Dr Tim Redhead, Di...IT Network marcus evans
How Infosec Can Become a Business Enabler: Interview with: Dr Tim Redhead, Director, DotSec, a sponsor company at the upcoming marcus evans Australian CIO Summit 2013, on how organisations can ensure information security becomes a business enabler.
Streamline Compliance and Increase ROI White PaperNetIQ
Streamline, simplify, and automate compliance related activities; especially those that impact multiple business units. This white paper outlines solutions that will help your business gain the maximum return on investment possible while aligning your compliance programs.
Businesses of all sizes are targeted by hackers to gain access to proprietary and customer data, threatening your ability to operate or even remain open for business.
Learn how to protect your business from threats and position it for growth.
Data is the lifeblood of every organization yet many either fail to backup their data or they are not doing so properly. Losing data can be catastrophic for a business. This white paper explains why backups are important and the challenges they face.
Priming your digital immune system: Cybersecurity in the cognitive eraLuke Farrell
Learn how cognitive security may be a powerful tool in addressing challenges security professionals face.
New capabilities for a
challenging era
Security leaders are working to address three gaps
in their current capabilities
—
in intelligence, speed
and accuracy. Some organizations are beginning to
explore the potential of cognitive security solutions
to address these gaps and get ahead of their risks
and threats. There are high expectations for this
technology. Fifty-seven percent of the security
leaders we surveyed believe that it can significantly
slow the ef forts of cybercriminals. The 22 percent of
respondents who we call “Primed” have started their
journey into the cognitive era of cybersecurity
—
they
believe they have the familiarity, the maturity and the
resources they need. To begin the journey, it is
important to explore your weaknesses, determine
how you want to augment your capabilities with
cognitive solutions and think about building education
and investment plans for your stakeholders.
White paper cyber risk appetite defining and understanding risk in the moder...balejandre
Managing risk is a balancing act for organizations of all sizes and disciplines. While some organizations take on too much risk, others arguably do not take on enough. Complicating this equation is the emergence of cyber as one of the most impactful sources of risk in the modern enterprise
Before the Breach: Using threat intelligence to stop attackers in their tracks- Mark - Fullbright
All information, data, and material contained, presented, or provided on is for educational purposes only.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners.
It is not to be construed or intended as providing legal advice.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only.
17 U.S. Code § 107 - Limitations on exclusive rights: Fair use
Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.
Financial Risk Management: Integrated Solutions to Help Financial Institution...IBM Banking
IBM’s integrated risk management solutions enable financial institutions to: Understand market and credit risk exposure across multiple silos to make financial and risk decisions consistent with business objectives; Secure all transactions and forms of interaction; proactively prevent increasingly sophisticated internal and external prohibited activities and effectively manage detected events; Proactively manage potential risks from events impacting operations, processes and applications - both from internal & external and business & IT; Understand and manage compliance across a dynamic set of voluntary and mandatory requirements imposed by multiple regulatory bodies, across operating jurisdictions, at an optimal cost for value.
SecureGRC: Unification of Security Monitoring and IT-GRCxmeteorite
SecureGRC from eGestalt Technologies, is a comprehensive solution covering enterprise security, governance, risk management, audit, and compliance needs through a unified solution offering delivered via Software as a service.
This Special Report from the Security for Business Innovation Council identifies four technology trends -- cloud computing, social media, big data, and mobile devices -- as game-changers for 2013 and offers concrete guidance on how security teams can meet these requirements.
How Infosec Can Become a Business Enabler: Interview with: Dr Tim Redhead, Di...IT Network marcus evans
How Infosec Can Become a Business Enabler: Interview with: Dr Tim Redhead, Director, DotSec, a sponsor company at the upcoming marcus evans Australian CIO Summit 2013, on how organisations can ensure information security becomes a business enabler.
Streamline Compliance and Increase ROI White PaperNetIQ
Streamline, simplify, and automate compliance related activities; especially those that impact multiple business units. This white paper outlines solutions that will help your business gain the maximum return on investment possible while aligning your compliance programs.
Businesses of all sizes are targeted by hackers to gain access to proprietary and customer data, threatening your ability to operate or even remain open for business.
Learn how to protect your business from threats and position it for growth.
Data is the lifeblood of every organization yet many either fail to backup their data or they are not doing so properly. Losing data can be catastrophic for a business. This white paper explains why backups are important and the challenges they face.
Priming your digital immune system: Cybersecurity in the cognitive eraLuke Farrell
Learn how cognitive security may be a powerful tool in addressing challenges security professionals face.
New capabilities for a
challenging era
Security leaders are working to address three gaps
in their current capabilities
—
in intelligence, speed
and accuracy. Some organizations are beginning to
explore the potential of cognitive security solutions
to address these gaps and get ahead of their risks
and threats. There are high expectations for this
technology. Fifty-seven percent of the security
leaders we surveyed believe that it can significantly
slow the ef forts of cybercriminals. The 22 percent of
respondents who we call “Primed” have started their
journey into the cognitive era of cybersecurity
—
they
believe they have the familiarity, the maturity and the
resources they need. To begin the journey, it is
important to explore your weaknesses, determine
how you want to augment your capabilities with
cognitive solutions and think about building education
and investment plans for your stakeholders.
White paper cyber risk appetite defining and understanding risk in the moder...balejandre
Managing risk is a balancing act for organizations of all sizes and disciplines. While some organizations take on too much risk, others arguably do not take on enough. Complicating this equation is the emergence of cyber as one of the most impactful sources of risk in the modern enterprise
Before the Breach: Using threat intelligence to stop attackers in their tracks- Mark - Fullbright
All information, data, and material contained, presented, or provided on is for educational purposes only.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners.
It is not to be construed or intended as providing legal advice.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only.
17 U.S. Code § 107 - Limitations on exclusive rights: Fair use
Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.
Financial Risk Management: Integrated Solutions to Help Financial Institution...IBM Banking
IBM’s integrated risk management solutions enable financial institutions to: Understand market and credit risk exposure across multiple silos to make financial and risk decisions consistent with business objectives; Secure all transactions and forms of interaction; proactively prevent increasingly sophisticated internal and external prohibited activities and effectively manage detected events; Proactively manage potential risks from events impacting operations, processes and applications - both from internal & external and business & IT; Understand and manage compliance across a dynamic set of voluntary and mandatory requirements imposed by multiple regulatory bodies, across operating jurisdictions, at an optimal cost for value.
To Be Great Enterprise Risk Managers, CISOs Need to Be Great CollaboratorsElizabeth Dimit
Blog post discussing why CISOs need to collaborate with privacy, legal, and product teams to effectively identify and mitigate risk in their organization.
Getting Real About Security Management and “Big Data” EMC
It’s an exciting yet daunting time to be a security professional. Security threats are becoming more aggressive and voracious. Governments and industry bodies are getting more prescriptive around compliance. Combined with exponentially more complex IT environments, security management is increasingly challenging. Moreover, new “Big Data” technologies purport bringing advanced analytic techniques like predictive analysis and advanced statistical techniques close to the security professional.
130C h a p t e r10 Managing IT-Based Risk11 This c.docxLyndonPelletier761
130
C h a p t e r
10 Managing IT-Based Risk1
1 This chapter is based on the authors’ previously published article, Smith, H. A., and J. D. McKeen. “A Holistic
Approach to Managing IT-Based Risk.” Communications of the Association for Information Systems 25, no. 41
(December 2009): 519–30. Reproduced by permission of the Association for Information Systems.
Not so long ago, IT-based risk was a fairly low-key activity focused on whether IT could deliver projects successfully and keep its applications up and run-ning (McKeen and Smith 2003). But with the opening up of the organization’s
boundaries to external partners and service providers, external electronic communica-
tions, and online services, managing IT-based risk has morphed into a “bet the com-
pany” proposition. Not only is the scope of the job bigger, but also the stakes are much
higher. As companies have become more dependent on IT for everything they do, the
costs of service disruption have escalated exponentially. Now, when a system goes
down, the company effectively stops working and customers cannot be served. And
criminals routinely seek ways to wreak havoc with company data, applications, and
Web sites. New regulations to protect privacy and increase accountability have also
made executives much more sensitive to the consequences of inadequate IT security
practices—either internally or from service providers. In addition, the risk of losing or
compromising company information has risen steeply. No longer are a company’s files
locked down and accessible only by company staff. Today, company information can be
exposed to the public in literally hundreds of ways. Our increasing mobility, the porta-
bility of storage devices, and the growing sophistication of cyber threats are just a few
of the more noteworthy means.
Therefore, the job of managing IT-based risk has become much broader and more
complex, and it is now widely recognized as an integral part of any technology-based
work—no matter how minor. As a result, many IT organizations have been given the
responsibility of not only managing risk in their own activities (i.e., project develop-
ment, operations, and delivering business strategy) but also of managing IT-based risk
in all company activities (e.g., mobile computing, file sharing, and online access to infor-
mation and software). Whereas in the past companies have sought to achieve security
Chapter 10 • Managing IT-Based Risk 131
through physical or technological means (e.g., locked rooms, virus scanners), under-
standing is now growing that managing IT-based risk must be a strategic and holistic
activity that is not just the responsibility of a small group of IT specialists but also part
of the mind-set that extends from partners and suppliers to employees and customers.
This chapter explores how organizations are addressing and coping with increas-
ing IT-based risk. It first looks at the challenges facing IT managers in the arena of.
130C h a p t e r10 Managing IT-Based Risk11 This c.docxherminaprocter
130
C h a p t e r
10 Managing IT-Based Risk1
1 This chapter is based on the authors’ previously published article, Smith, H. A., and J. D. McKeen. “A Holistic
Approach to Managing IT-Based Risk.” Communications of the Association for Information Systems 25, no. 41
(December 2009): 519–30. Reproduced by permission of the Association for Information Systems.
Not so long ago, IT-based risk was a fairly low-key activity focused on whether IT could deliver projects successfully and keep its applications up and run-ning (McKeen and Smith 2003). But with the opening up of the organization’s
boundaries to external partners and service providers, external electronic communica-
tions, and online services, managing IT-based risk has morphed into a “bet the com-
pany” proposition. Not only is the scope of the job bigger, but also the stakes are much
higher. As companies have become more dependent on IT for everything they do, the
costs of service disruption have escalated exponentially. Now, when a system goes
down, the company effectively stops working and customers cannot be served. And
criminals routinely seek ways to wreak havoc with company data, applications, and
Web sites. New regulations to protect privacy and increase accountability have also
made executives much more sensitive to the consequences of inadequate IT security
practices—either internally or from service providers. In addition, the risk of losing or
compromising company information has risen steeply. No longer are a company’s files
locked down and accessible only by company staff. Today, company information can be
exposed to the public in literally hundreds of ways. Our increasing mobility, the porta-
bility of storage devices, and the growing sophistication of cyber threats are just a few
of the more noteworthy means.
Therefore, the job of managing IT-based risk has become much broader and more
complex, and it is now widely recognized as an integral part of any technology-based
work—no matter how minor. As a result, many IT organizations have been given the
responsibility of not only managing risk in their own activities (i.e., project develop-
ment, operations, and delivering business strategy) but also of managing IT-based risk
in all company activities (e.g., mobile computing, file sharing, and online access to infor-
mation and software). Whereas in the past companies have sought to achieve security
Chapter 10 • Managing IT-Based Risk 131
through physical or technological means (e.g., locked rooms, virus scanners), under-
standing is now growing that managing IT-based risk must be a strategic and holistic
activity that is not just the responsibility of a small group of IT specialists but also part
of the mind-set that extends from partners and suppliers to employees and customers.
This chapter explores how organizations are addressing and coping with increas-
ing IT-based risk. It first looks at the challenges facing IT managers in the arena of.
Strategic Information Management Through Data ClassificationBooz Allen Hamilton
This white paper presents a comprehensive approach to information management programs. It outlines how data growth directly affects the risk posture of critical corporate information assets. In addition, it defines common problems caused by gaps in information management programs as well as consequences associated with immature methodologies.
How close is your organization to being breached | Safe SecurityRahul Tyagi
Traditional methods are certainly limited in
their capabilities and this is easily proven by
the multitude of breaches businesses were a
victim of, across the globe. The 2020 Q3 Data
Breach QuickView Report revealed that the
number of records exposed in 2020 has
increased to 36 billion globally. The report
stated that there were 2,953 publicly
reported breaches in the first three quarters
of 2020 itself! 2020 is already named the
“worst year on record” by the end of Q2 in
terms of the total number of records
exposed. With the growing sophistication of
cyber-attacks and global damages related
to cybercrime reaching $6 trillion by 2021, we
need a solution that simplifies
cybersecurity.
To know more about breach probability visit : www.safe.security
Continuous Cyber Attacks: Engaging Business Leaders for the New Normal - Full...Accenture Technology
Business theft and fraud have morphed into significant new threats as companies battle well-funded, highly motivated digital adversaries. Cyber defense rules have clearly changed.
Executive leaders must recognize how exposed their organizations are today and take steps to establish a holistic, end-to-end security strategy capable of protecting their most valuable assets and business operations.
3 guiding priciples to improve data securityKeith Braswell
The information explosion, the proliferation of endpoint devices, growing user volumes, and new computing models like cloud, social business, and big data have created new security vulnerabilities. To secure sensitive data and address compliance requirements, organizations need to adopt a more proactive and systematic approach. Read this white paper to learn three simple guiding principles to help your organization achieve better security and compliance without impacting production systems or straining already-tight budgets.
Digital has increased businesses’ cybersecurity risk – and yet few have elevated security to a senior leadership concern, according to our recent research. Here’s what businesses are thinking about cybersecurity, and a framework for strengthening their security strategies.
Perception Gaps in Cyber Resilience: What Are Your Blind Spots?Sarah Nirschl
Protecting enterprise systems against cyber threats is a strategic priority, yet only 42% of executives are confident they could recover without impacting their business from a cyber event. Find out the hidden risks of shadow IT, cloud and cyber insurance.
Booz Allen's U.S. Commercial Leader and Executive Vice President, Bill Phelps, recently released his list of 10 Cyber Priorities for Boards of Directors. As we peer into how business, technology, regulatory, and cyber threat realities are evolving in the coming year, here is a reference guide for board members to use in validating their company's cybersecurity approach.
Embedding the Business Continuity Management in the organizations culture means, making it a natural part of; and therefore embedded BCM would be, making the BCM an integral or natural part of the organizational processes and procedures.
Similar to Taming the data demons: leveraging information in the age of risk white paper (20)
This IBM Redpaper provides a brief overview of OpenStack and a basic familiarity of its usage with the IBM XIV Storage System Gen3. The illustration scenario that is presented uses the OpenStack Folsom release implementation IaaS with Ubuntu Linux servers and the IBM Storage Driver for OpenStack. For more information on IBM Storage Systems, visit http://ibm.co/LIg7gk.
Visit http://bit.ly/KWh5Dx to 'Follow' the official Twitter handle of IBM India Smarter Computing.
Learn how all flash needs end to end Storage efficiency. For more information on IBM FlashSystem, visit http://ibm.co/10KodHl.
Visit http://bit.ly/KWh5Dx to 'Follow' the official Twitter handle of IBM India Smarter Computing.
Learn about vSphere Storage API for Array Integration on the IBM Storwize family. IBM Storwize V7000 Unified combines the block storage capabilities of Storwize V7000 with file storage capabilities into a single system for greater ease of management and efficiency. For more information on IBM Storage Systems, visit http://ibm.co/LIg7gk.
Visit http://bit.ly/KWh5Dx to 'Follow' the official Twitter handle of IBM India Smarter Computing.
Learn about IBM FlashSystem 840 and its complete product specification in this Redbook. FlashSystem 840 provides scalable performance for the most demanding enterprise class applications. IBM FlashSystem 840 accelerates response times with IBM MicroLatency to enable faster decision making. For more information on IBM FlashSystem, visit http://ibm.co/10KodHl.
Visit http://on.fb.me/LT4gdu to 'Like' the official Facebook page of IBM India Smarter Computing.
Learn about the IBM System x3250 M5,.The x3250 M5 offers the following energy-efficiency features to save energy, reduce operational costs, increase energy availability, and contribute to a green environment, energy-efficient planar components help lower operational costs. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210746104/IBM-System-x3250-M5
This Redbook talks about the product specification of IBM NeXtScale nx360 M4. The NeXtScale nx360 M4 server provides a dense, flexible solution with a low total cost of ownership (TCO). The half-wide, dual-socket NeXtScale nx360 M4 server is designed for data centers that require high performance but are constrained by floor space. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210745680/IBM-NeXtScale-nx360-M4
Learn about IBM System x3650 M4 HD which is a 2-socket 2U rack-optimized server. This powerful system is designed for your most important business applications and cloud
deployments. Outstanding RAS and high-efficiency design improve your business environment and help save operational costs. For more information on System x, visit http://ibm.co/Q7m3iQ.
Visit http://bit.ly/KWh5Dx to 'Follow' the official Twitter handle of IBM India Smarter Computing.
Here are the product specification for IBM System x3300 M4. This product can be managed remotely.The x3300 M4 server contains IBM IMM2, which provides advanced service-processor control, monitoring, and an alerting function. The IMM2 lights LEDs to help you diagnose the problem, records the error in the event log, and alerts you to the problem. For more information on System x, visit http://ibm.co/Q7m3iQ.
Visit http://on.fb.me/LT4gdu to 'Like' the official Facebook page of IBM India Smarter Computing.
Learn about IBM System x iDataPlex dx360 M4. IBM System x iDataPlex is an innovative data center solution that maximizes performance and optimizes energy and space efficiency. The iDataPlex solution provides customers with outstanding energy and cooling efficiency, multi-rack level manageability, complete flexibility in configuration, and minimal deployment effort. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210744055/IBM-System-x-iDataPlex-dx360-M4
This Redbook talks through the benefits and product specification of IBM System x3500 M4. The x3500 M4 offers a flexible, scalable design and simple upgrade path to 32 HDDs, with up to eight PCIe 3.0 slots and up to 768 GB of memory. A high-performance dual-socket tower server, the IBM System x3500 M4, can deliver the scalability, reliable performance, and optimized efficiency for your business-critical applications. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210742768/IBM-System-x3500-M4
Learn about system specification for IBM System x3550 M4. The x3550 M4 offers numerous features to boost performance, improve scalability, and reduce costs. Improves productivity by offering superior system performance with up to 12-core processors, up to 30 MB of L3 cache, and up to two 8 GT/s QPI interconnect links. For more information on System x, visit http://ibm.co/Q7m3iQ.
Learn about IBM System x3650 M4. The x3650 M4 is an outstanding 2U two-socket business-critical server, offering improved performance and pay-as-you grow flexibility along with new features that improve server management capability. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210741926/IBM-System-x3650-M4
Learn about the product specification of IBM System x3500 M3. System x3500 M3 has an energy-efficient design which works in conjunction with the IMM to govern fan rotation based on the readings that it delivers. This saves money under normal conditions because the fans do not have to spin at high speed. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210741626/IBM-System-x3500-M3
Learn about IBM System x3400 M3. The x3400 M3 offers numerous features to boost performance and reduce costs, x3400 M3 has the ability to grow with your application requirements with these features. Powerful systems management features simplify local and remote management of the x3400 M3. For more information on System x, visit http://ibm.co/Q7m3iQ.
Visit http://on.fb.me/LT4gdu to 'Like' the official Facebook page of IBM India Smarter Computing.
Learn about IBM System 3250 M3 which is a single-socket server that offers new levels of performance and flexibility
to help you respond quickly to changing business demands. Cost-effective and compact, it is well suited to small to mid-sized businesses, as well as large enterprises. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210740347/IBM-System-x3250-M3
Learn about IBM System x3200 M3 and its specifications. The System x3200 M3 features easy installation and management with a rich set of options for hard disk drives and memory. The efficient design helps to save energy and provide a better work environment with less heat and noise. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210739508/IBM-System-x3200-M3
Learn about the configuration of IBM PowerVC. IBM PowerVC is built on OpenStack that controls large pools of server, storage, and networking resources throughout a data center. IBM Power Virtualization Center provides security services that support a secure environment. Installation requires just 20 minutes to get a virtual machine up and running. For more information on Power Systems, visit http://ibm.co/Lx6hfc.
Visit http://on.fb.me/LT4gdu to 'Like' the official Facebook page of IBM India Smarter Computing.
Learn about Ibm POWER7 Virtualization Performance. PowerVM Lx86 is a cross-platform virtualization solution that enables the running of a wide range of x86 Linux applications on Power Systems platforms within a Linux on Power partition without modifications or recompilation of the workloads. For more information on Power Systems, visit http://ibm.co/Lx6hfc.
http://www.scribd.com/doc/210734237/A-Comparison-of-PowerVM-and-Vmware-Virtualization-Performance
Learn about IBM PureFlex Sytem and VMware vCloud Enterprise Suite. The IBM PureFlex System platform has been used to meet the hardware requirements in support of this reference architecture. All the components required to support vCloud Suite (including computing, networking, storage, and management interfaces). For more information on Pure Systems, visit http://ibm.co/J7Zb1v.
http://www.scribd.com/doc/210719868/IBM-pureflex-system-and-vmware-vcloud-enterprise-suite-reference-architecture
Learn how x6: The sixth generation of EXA Technology is fast, agile and Resilient for Emerging Workloads from Alex Yost. Vice President, IBM PureSystems and System x
IBM Systems and Technology Group. x6 drives cloud and big data for enterprises by achieving insight faster thereby outperforming competitors. For more information on System x, visit http://ibm.co/Q7m3iQ.
http://www.scribd.com/doc/210715795/X6-The-sixth-generation-of-EXA-Technology
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
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RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Taming the data demons: leveraging information in the age of risk white paper
1. IBM Global Technology Services September 2010
Thought Leadership White Paper
Taming the data demons: leveraging
information in the age of risk
2. 2 Taming the data demons: leveraging information in the age of risk
Contents identify these downside risks ahead of time, accurately evaluat-
ing their effect on the business, and putting processes and
2 Introduction safeguards in place to mitigate them. This is true of every type
3 Data risk management defined of risk an organization faces—business-driven, event-driven
and, especially, data-driven risk.
4 Meeting the unrealized need
With data being the new world currency, and the cost of
4 Yesterday’s data risk management—saying “no”
maintaining and protecting that data running exponentially
5 Today’s data risk management—saying “yes” higher than the cost to capture it in the first place, data risk
management is assuming a new importance among IT and
5 It starts with governance
line-of-business executives alike.
6 The trouble with silos
It may not be enough, however, to simply assign data risk
6 The shortest distance between data and its safety management a new level of importance. A new point-of-view
7 Data on the move may be required, as well. A holistic point-of-view that makes
data risk management an integral part of both enterprise-
9 Holistic has its benefits wide data polices and business strategies. A point-of-view
that has the potential to deliver lower cost, faster return on
9 IBM can help
investment, better compliance and a more flexible and resilient
12 For more information organization.
Introduction This white paper explores the framework and advantages of a
holistic approach to data risk management, and provides both
Innovative companies understand that risk is essential to
IT and line-of-business executives with the “why” and “how”
growing a business. Every initiative that has the potential to
to begin putting a holistic data risk management program to
break new ground, open up new markets or extend a competi-
work in organizations large and small.
tive advantage also has a potential downside. The key is to
3. IBM Global Technology Service 3
Data risk management defined organizations that never previously considered themselves to
There is no getting around it, if a business today loses access be potential targets for hackers, or maintainers of sensitive
to its data, it is soon out of business. There are many reasons customer data, now find themselves every bit as responsible
why an organization could find its access to reliable, secure for compliance as banks, hospitals and other traditional sub-
data compromised—everything from a missing laptop to a jects of compliance regulations.
corporate merger to a hurricane (see Figure 1). Then there
are the legal and compliance requirements. In fact, many
IT security 78%
Hardware and system malfunction 63%
Power failure 50%
Physical security 40%
Theft 28%
Product quality issues 25%
Federal compliance issues 22%
Natural disaster 17%
E-discovery requests 13%
Supply chain breakdown 11%
Terrorism activity 6%
Source: 2010 IBM Global IT Risk Study
Figure 1: Today’s organizations face a wide range of risk issues, almost all of which have an impact on that organization’s data.
4. 4 Taming the data demons: leveraging information in the age of risk
It is more important than ever that data Many organizations simply do not realize the positive role
data risk management can play in their efforts to make cost-
risk management processes be part of an and business-effective use of their data. Efficient data risk
integrated whole. management not only leverages IT’s enterprise-wide view of
the business and its data to create a more complete picture of
Data risk management provides the methodology by which all the data, its value and its risk issues—it can bring to light new,
data risks—internal and external, IT- and business-related— more responsible, more profitable ways of capturing, storing
are identified, qualified, avoided, accepted, mitigated or and delivering that data for business advantage.
transferred out. In today’s global marketplace, where multiple
locations and a blend of in-house and vendor solutions must Most organizations do not realize the posi-
work together instantly and seamlessly, it is more important
than ever that an organization’s data risk management
tive role data risk management can play in
processes and procedures be part of a coordinated and well- their business strategies.
thought-out whole. In this way, the complete risk picture of
every type of data an organization possesses can be accurately
Yesterday’s data risk management—
assessed over its entire lifespan; negative risks can be mitigated
and positive risks can be leveraged for business gain.
saying “no”
Up to now, most organizations’ approach to data risk manage-
ment has been reactive. Focus has been on negative risks such
Meeting the unrealized need as hacking, theft and data system failure. The response has
Data is not just growing, it is exploding. According to IDC,
been to say “no”—to severely limit access to data, build hefty
organizations are facing, on average, 50 to 60 percent average
firewalls and deal with each new threat as it is exposed, often
data growth.1 And for every $1 spent creating data, another
at great expense to both the data systems and the business.
$10 to $12 may be required to manage that data. With all this
data, and all this money being spent on creating and maintain-
ing it, it only makes smart business sense to strive for maxi- No one in the organization may have an
mum return for that money. Not to mention reducing the cost accurate picture of data’s business value.
wherever possible.
5. IBM Global Technology Service 5
Mitigating negative risk is important, but risk avoidance is Holistic data risk management is about
only one half of robust data risk management. Unlocking
the opportunity inherent in positive risk is the other half. saying a protected and measured “yes.”
Unfortunately, positive risk is hard to see behind the silos.
Data risks have been traditionally compartmentalized into silo It starts with governance
categories such as availability, access security and disaster Governance is where holistic data risk management begins,
recovery. The data itself is also often compartmentalized by and what separates it from traditional, reactive risk manage-
department and data type. What this means is that no one in ment. Good governance builds the data risk policies and
the organization has a complete picture of where the data is, procedures into business systems and processes as they are
how and when it is being used, and what its business value created and implemented—making data risk management
truly is. As a result, most organizations’ data risk efforts are more robust while remaining virtually transparent to users
simply reactive cost centers rather than proactive value inside and outside the organization.
creators.
Robust governance helps assure that there is
Today’s data risk management—
saying “yes” a proactive approach to current and future
Truly effective, holistic data risk management is not primarily data risks.
a data issue or a risk issue; it is a management issue. Holistic
data risk management takes a business-oriented approach, Data risk governance is like a guidebook everyone refers to in
looking first at the business processes, then at the related order to be sure they are all on the same page. It provides the
data—assigning positive and negative risk evaluations based on policies, controls and operational guidelines that enable risk-
use of the data across the organization and between the organ- responsible individuals throughout the organization to thor-
ization and its customers, partners and vendors. Holistic data oughly and correctly assign risk type and severity to data and
risk management is about saying a measured, protected and its related systems and processes and either leverage or miti-
well-planned “yes” to new opportunities, new markets and gate that risk.
new competitive postures.
6. 6 Taming the data demons: leveraging information in the age of risk
An effective data risk governance policy helps drive business Data silos are not the only ones that need to be addressed in a
value through its ability to: good data risk management plan. There are also risk silos,
such as availability, data security, access security and disaster
● Increase compliance and regulatory adherence recovery. In the 2010 IBM Global IT Risk Study, 47 percent
● Enhance business intelligence capabilities of the respondents reported that even risk planning itself hap-
● Facilitate alignment of IT data initiatives and business pens in silos. These risk silos have traditionally been consid-
strategies, including management of business and IT growth ered distinct disciplines but now need to be brought together
● Improve ability to measure, monitor and improve business to give a more accurate and complete risk picture.
performance
● Reduce complexity to help improve business flexibility and By breaking down the barriers that have traditionally defined
accelerate strategic initiatives. data use, not to mention business processes and strategic
planning, holistic data risk management can serve as both a
The trouble with silos proving ground for more extensive organizational risk man-
To drive up the value of data risk management initiatives, agement changes and a source of new inspiration for every-
organizations have to drive out complexity—and that means thing from corporate structure to new products and services.
silos. Getting rid of as many data silos as possible is a good
first step. Some of those data silos are obvious, such as the The shortest distance between data and its safety
data that is stored separately by each department and internal A straight line is, of course, the shortest distance between two
versus externally created data. Some silos are not so obvious, points. The more often the lines that connect data to other
such as those that separate structured data such as order forms data, people and places can be straightened, the more effi-
and inventory tracking from unstructured data such as e-mails ciently data risk can be managed. One way to straighten
and corporate correspondence. out—and optimize—data lines is by eliminating redundancy.
The more often the same data is repeated throughout an
organization’s systems, the greater the risk that it can become
Data silos are not the only barriers that corrupted, accessed inappropriately or updated inconsistently.
need to be eliminated in effective data risk
management—consider business silos, even
risk silos.
7. IBM Global Technology Service 7
Accurate, ongoing prioritization of data second state—data on the move—to add new access points
that reflect the changing nature of the workplace and to pro-
is crucial to effective, efficient data risk tect those access points from exploitation.
management.
Holistic data risk management addresses
Prioritization is another important optimization technique.
Without it, an organization has no way of knowing how
the risk inherent in all data states—at rest,
mission-critical any specific piece or type of data is. As a in motion and in use.
result, many organizations seek to protect all data as if it were
mission-critical, resulting in much higher-than-necessary risk Virtual private networks, remote access, smartphones, even
management costs. Other organizations pursue lower costs by iPods have now become mainstream business tools, and
assigning all data middle-of-the-road protection, leaving their technologies such as cloud computing are coming on quickly.
truly critical data painfully exposed. When an organization Traditional data risk management, with its emphasis on
assigns data a relative priority that is based on a thorough limiting access and locking down data, has simply locked
understanding of what the data is, how and where it is used these technologies out. The 2010 IBM Global IT Risk Study
and how it contributes to business goals and the organization’s revealed that 64 percent of respondents viewed social net-
bottom line—such as happens within robust data risk working tools as extremely risky/risky, for example. The
governance—the organization can be assured that it has problem with this approach is that as long as these technolo-
adequately protected all its data in the most cost-and gies are being used, data is being created on them—data that
resource-efficient manner. is residing outside the enterprise and its security and risk
management protocols. Now is the time to welcome that
Data on the move
data, and the technologies that create and access it, into the
Data is defined as being in one of three states: 1) at rest in
organizational fold and take full advantage of the adaptability
storage, 2) in motion in the network, 3) in use on the desktop,
and flexibility the technologies provide. A holistically planned
as illustrated in Figure 2. A good data risk management plan
and implemented data risk management initiative can make
addresses the risks inherent in all three states. A holistic data
this possible.
risk management plan takes a new and expanded look at the
8. 8 Taming the data demons: leveraging information in the age of risk
Measurement of a successful holistic data
risk management program can go far
beyond standard metrics.
Data risk management standards and practices should:
Define the scope of risk analysis. Identify the business activities,
Data at Data in Data in ●
initiatives and supporting technologies and infrastructure
rest motion use elements that will be included in the data risk management
effort.
● Identify and define risks. Map each business activity to poten-
tial threats and the data that could be at risk.
● Assess the likelihood of risk occurrence and level of impact.
Calculate the probability and severity of an actual breach
Figure 2: An organization’s data exists in one of three states at any given from the scope of business activities, resulting in an overall
time, with different risks inherent in each state. view of risk.
● Evaluate controls. Assess the quality of existing controls used
Setting the standards to prevent, detect and mitigate risks, factoring in cost versus
No good initiative is complete without establishing the means value provided.
to measure its success. The same is true for a good data risk ● Assess risk and determine treatments and responses. Review risks
management plan. The benchmark measurements have not relative to risk appetite, then prioritize risk reduction activi-
changed: service level agreements (SLAs) for availability and ties and select investments based on cost/benefit analysis.
access; recovery time objectives (RTOs) and recovery point ● Implement risk reduction actions. Develop, test and implement
objectives (RPOs) for disaster recovery; labor, systems and detailed plans for risk treatment.
bandwidth costs for data access; application impact for ● Provide ongoing monitoring and feedback. Continually collect
security. But there are other standards and practices, applica- data on threats, impacts and effectiveness of current risk
ble to IT risk management in general and data risk manage- management process and adjust risk action plans and
ment in particular, that need to be part of a holistic data risk processes accordingly.
management plan. ● Address the positive side of risk. Provide a more complete risk
picture by balancing the potential negative risk inherent in
growth such as new offices, new servers and distributed data
with the potential positives such as shortened time to market
and improved customer acquisition, retention and service.
9. IBM Global Technology Service 9
Holistic has its benefits ● Heightened ability to win business and maintain existing
The most immediate reasons to consider putting a holistic contracts/customers
data risk management plan into action are the monetary ones. ● New capabilities to innovate and drive competitive solutions
A holistic approach to data risk management can help trans- ● Easier assimilation of acquisitions and mergers
form an organization’s risk-related activities from a cost center ● New responsiveness to customer requests and feedback
to a value center by: ● New solutions to help grow market share.
● Delivering considerable savings over traditional data IBM can help
risk management efforts—sometimes as much as 20 to IBM’s holistic view of data risk management—and the prod-
30 percent ucts and services that make that view a reality for our clients—
● Helping to avoid contractual, industry and regulatory is part of the IBM Security Framework, a combination of
penalties model and methodology that is optimized to allow organiza-
● Creating and maintaining one set of processes, leading to tions to understand core business processes, the threats and
reduced redundancies compared to traditional data risk vulnerabilities associated with the processes and the ability to
management efforts make viable recommendations for the whole.
● Helping to enable new revenue streams
● Allowing for faster market rollout of new initiatives, prod- The IBM Security Framework encompasses:
ucts and services.
1. People and identity
2. Data and information
Potential benefits to holistic data risk man- 3. Application and process
agement include faster time to market and 4. Network, server and endpoint
a new responsiveness to customer requests. 5. Physical infrastructure.
There are additional benefits to holistic data risk management
that go beyond immediate cost savings. These can include:
● Smoother expansion into new markets
● The ability to take on new global partners safely and
securely expand relationships with existing partners
10. 10 Taming the data demons: leveraging information in the age of risk
By placing its data risk management solution within this
framework, an organization can be assured that an extensive
IBM Security Framework knowledge of best practices, proven expertise and global reach
have been fully leveraged for its benefit. The organization will
also know that its data risk management solution has the abil-
SECURITY GOVERNANCE, RISK MANAGEMENT
AND COMPLIANCE ity to fit together with other framework security solutions
across the enterprise.
PEOPLE AND IDENTITY
Utilizing the IBM Security Framework,
DATA AND INFORMATION organizations can implement holistic data
risk management at the speed and scope
APPLICATION AND PROCESS
that matches their needs.
NETWORK, SERVER AND END POINT Individual IBM data risk management solutions have been
designed to help organizations qualify risk, forecast in a more
PHYSICAL INFRASTRUCTURE proactive manner and establish controls to mitigate exposures.
Using a highly modular approach, organizations can imple-
ment the process areas that can help generate the greatest
Common Policy, Event Handling and Reporting value today and then add others as needs change.
Professional Managed Hardware
services services and software IBM’s holistic approach to data risk management also includes
access to extensive industry knowledge and industry-specific
solutions that cover important data risk areas such as PCI
compliance and remote data protection.
Figure 3: The IBM Security Framework provides a risk model, methodol-
ogy and links to a robust portfolio of data risk management solutions.