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ThinkstockShare Frost & Sullivan Names IBM safety in Asia-Pacific seller of the 12 months in distinctive classes on Twitter Share Frost & Sullivan Names IBM protection in Asia-Pacific dealer of the yr in numerous categories on fb Share Frost & Sullivan Names IBM safety in Asia-Pacific supplier of the yr in dissimilar classes on LinkedIn
IBM protection in Asia-Pacific turned into recently awarded supplier of the year in numerous categories through analyst company Frost & Sullivan. For the past 14 years, these awards have diagnosed extraordinary efficiency within the Asia-Pacific information and communication know-how (ICT) business.business experts appreciate IBM protection
IBM safety in Asia Pacific become awarded in right here two categories for 2017:Asia-Pacific Intrusion Detection and Prevention systems
This award is in response to enterprise performance, technology innovation and choices, and establishment and achievements in Asia-Pacific. IBM security turned into mentioned for carrying on with its efforts to introduce added capabilities to its holistic choices.
The native integration between IBM QRadar XGS with IBM cloud-based mostly sandbox, IBM QRadar SIEM and IBM X-force change — along side its potent business institution in every key country in Asia-Pacific, including the emerging affiliation of Southeast Asian international locations (ASEAN) — has provided improved value to clients. IBM safety has secured its leadership position during this area via its continuous innovation of IBM protection network protection manager (NPM) as a imperative net-based mostly console to control IBM QRadar XGS appliances.Asia-Pacific Cybersecurity Analytics Platform
IBM security has excelled in providing a platform with huge capabilities in cybersecurity analytics. It has been capable of give safety solutions with super wins throughout dissimilar verticals as well as innovation to deliver extended capabilities, similar to person behavior analytics, into the fold.
IBM has always accelerated its capabilities in constructing the cognitive safety operations center (SOC) through rapid integration of QRadar with Watson, which helps purchasers achieve an automated and cozy IT infrastructure.Tags: IBM | IBM network security coverage | IBM QRadar SIEM | IBM security Anshul Garg Anshul Garg is the Product advertising manager for IBM security functions, specializing in X-drive pink. Anshul has a grasp of... 21 Posts follow on What’s new
I simply received again from attending IBM believe in San Francisco. notwithstanding it was a brief shuttle throughout the country, i used to be inundated with IBM’s vision, overlaying themes from A (i.e. artificial intelligence) to Z (i.e. gadget Z) and every thing in between.
regardless of the wide-ranging discussion, IBM’s main focus changed into on three areas: 1) hybrid cloud, 2) advanced analytics, and three) security. as an instance, IBM’s hybrid cloud dialogue founded on digital transformation and leaned heavily on its pink Hat acquisition, whereas superior analytics covered artificial intelligence (AI), cognitive computing (Watson), neural networks, and so forth. To exhibit its capabilities in these areas, IBM paraded out valued clientele equivalent to Geico, Hyundai credit employer, and Santander bank, who are making a bet on IBM for online game-changing digital transformation initiatives.IBM's cybersecurity plans
As for cybersecurity, here are just a few of my take-aways about IBM's plans:
IBM’s protection portfolio is relatively solid, and the enterprise seems to be greater energized than during the past. After attending IBM consider, I do have just a few cybersecurity concepts for individuals in Armonk and Cambridge, Massachusetts:
In typical, Armonk ought to keep in mind that the IBM brand is a advertising obstacle when competing for mindshare with providers like CrowdStrike, FireEye, Palo Alto Networks, and so forth. hence, IBM protection need to work more durable and smarter to get the be aware out.
Many because of IBM for hosting me in San Francisco this week. I’ll be returned on the Moscone middle for RSA within the blink of a watch.
IBM QRadar is an commercial enterprise security assistance and event management (SIEM) product. It collects log information from an commercial enterprise, its network instruments, host assets and working techniques, purposes, vulnerabilities, and consumer activities and behaviors. IBM QRadar then performs precise-time evaluation of the log records and network flows to determine malicious recreation so it will also be stopped at once, fighting or minimizing hurt to the organization.
The IBM QRadar SIEM can also be deployed as a hardware, software or virtual appliance-based product. The product structure comprises adventure processors for collecting, storing and analyzing event facts and experience collectors for taking pictures and forwarding records. The SIEM product also comprises flow processors to assemble Layer 4 network flows, QFlow processors for performing deep packet inspection of Layer 7 utility site visitors, and centralized consoles for security Operations center (SOC) analysts to make the most of when managing the SIEM. move processors offer an identical capabilities to adventure processors, but are for network flows, and consoles are for americans to utilize when using or managing the SIEM.
IBM QRadar SIEM part models consist of here:
additionally, IBM QRadar can compile log movements and community move facts from cloud-based purposes, and it can also be deployed as a SaaS offering on the IBM cloud where deployment and upkeep is outsourced.
additional protection capabilities
apart from the primary SIEM capabilities that enterprise SIEM items customarily supply, IBM QRadar SIEM additionally presents assist for hazard intelligence feeds. Optionally, an IBM QRadar SIEM can have a license extension bought that makes it possible for use of IBM safety X-drive threat Intelligence, which identifies IP addresses and URLs which are linked to malicious endeavor. For each and every identified IP tackle or URL, the threat intelligence feed comprises a risk ranking and class, which can help an organization greater analyze and prioritize threats. IBM QRadar SIEM is a part of the IBM QRadar security Intelligence Platform, which contains modules for risk management, vulnerability management, forensics evaluation and incident response.
IBM QRadar offers assist for a number of important compliance reporting requirements initiatives such because the medical health insurance Portability and Accountability Act ( HIPAA) and charge Card business records security ordinary (PCI DSS), Gramm-Leach-Bliley Act (GLBA), North American electric powered Reliability agency (NERC) and Federal power Regulatory commission (FERC), Sarbanes–Oxley (SOX) and more. The product also presents a record builder wizard so safety groups can create customized studies.
Licensing and pricing
as a result of IBM QRadar SIEM is a modular product with numerous options per element, explaining its licensing and pricing in detail is outside the scope of this text, however the cost metric is frequently in keeping with utilization akin to log supply pursuits per 2d and network flows per minute. corporations interested in improved figuring out the alternate options can get the newest pricing assistance for the entire purchasable IBM QRadar SIEM licenses right here.
IBM safety QRadar SIEM overview
IBM QRadar SIEM presents a modular, appliance-primarily based strategy to SIEM that can scale to meet the experience log and network circulation monitoring and evaluation wants of most organizations. extra, integrated modules for chance and vulnerability administration, forensics analysis of packet captures, and incident response (from the lately received Resilient methods expertise) are additionally purchasable as alternate options, though they are not covered. The IBM QRadar SIEM additionally supports IBM X-force risk Intelligence and other third-birthday party probability intelligence feeds via STIX and TAXI to increase hazard detection. organizations interested in evaluating enterprise SIEM items may still acquire additional information about IBM QRadar SIEM with a view to help assess if it meets their necessities.
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Mar 13, 2014
Vormetric, a provider of enterprise data security for physical, virtual and cloud environments, has announced integration with IBM's QRadar Security Information and Event Management (SIEM), an automated analytics tool for correlating events across enterprise environments to identify threats.
According to the companies, the integration feeds detailed data access information from the Vormetric Data Security platform into IBM QRadar, and provides implementation tools as well as pre-built dashboards, reports and displays. The combined solution identifies unauthorized data access attempts – indicating accounts that represent a possible threat – and includes capabilities to monitor and alert on data access patterns that may indicate the presence of an Advanced Persistent Threat (APT) or a malicious insider attack.
In addition to "out-of-the-box" security intelligence reports, dashboards and displays, search operations can immediately extract information from the log streams produced by Vormetric Transparent Encryption and the Vormetric Data Security Manager (DSM). In addition, a second level of security is included to offer the capability to "watch the watcher," detecting attacks against not only the data, but also against data security management infrastructure and accounts. Organizations can identify unusual and anomalous accesses patterns by security administrators that may indicate a malicious insider within the security organization, or a security administrative account that has been compromised.
"By combining their capabilities, organizations can enhance their data protection stance with automated data access pattern analysis, enabling them to identify potential threats to sensitive data at the source,” said Derek Tumulak, vice president of product management, Vormetric.
Vormetric’s new IBM's QRadar Security Information and Event Management integration follows the company’s recently announced integration with HP ArcSight and Splunk.
Nýherji presents the results of the third quarter and first nine months of 2017
Operating results for the first nine months of 2017Income Statement – Key Figures
In ISK million
2016Goods and services sold 11,120 10,555 Cost of goods and services sold (8,381) (7,879) Gross profit 2,739 2,676 Operating costs (2,479) (2,364) Profit before financial income and financial expenses 260 312 Net financial expenses 22 (98) Pre-tax profit 282 214 Income tax (23) (41) Profit for the period 259 173 Translation differences, subsidiaries 6 31 Net profit for the period 266 204 EBITDA 682 686
Balance Sheet 30.09.2017Balance Sheet 30.09.2017 – Key Figures In ISK million 30.09.2017 31.12.2016 Fixed assets 3,329 3,287 Current assets 2,775 3,624 Total assets 6,105 6,911 Equity 2,758 2,329 Long-term liabilities 1,516 2,028 Short-term liabilities 1,831 2,553 Total equity and liabilities 6,105 6,911 Working capital ratio 1.52 1.42 Equity ratio 45.2% 33.7%
Cash Flow 30.09.2017Cash Flow – Key Figures In ISK million 1.1.-30.9. 2017 1.1.-30.9. 2016 Cash from operations 196 765 Investing activities (521) (696) Financing activities (321) (364) (Decrease) in cash (646) (294) Effect of changes in foreign exchange rates on cash 0 (15) Cash at beginning of year 872 809 Cash at end of period 226 500
Operating results for Q3 2017Quarterly Summary – Key Figures In ISK million
2016Goods and services sold 3,515 3,608 3,996 4,233 3.429 Cost of goods and services sold (2,656) (2,705) (3,020) (3,125) (2,569) Gross profit 859 904 976 1,108 860 Operating costs (774) (827) (879) (915) (746) Operating profit 86 77 97 193 114 Net financial expenses (83) 133 (28) (13) (16) Pre-tax profit 3 210 70 180 98 Income tax 9 (29) (3) 19 (22) Profit for the period 12 181 67 199 76 Translation differences, subsidiaries 17 (15) 4 (19) 17 Net profit for the period 29 166 71 180 93 EBITDA 229 211 242 335 247
Nýherji, TM Software and Applicon to merge in the new year
Nýherji, which is an IT service company and the parent company of the group, occurred revenue rise by more than 10% in the quarter. The results were in line with expectations and somewhat better than for the first half of the year, proportionally similar as last year.
Sales of PC equipment from Lenovo to corporates were strong, while sales of audio and visual solutions from NEC, Bose and Sony to businesses and through Nýherji resellers grew more than 50%. Revenues from managed and consultancy services grew by 22% year-on-year in the third quarter and demand is strong. Sales of infrastructure equipment, servers and storage solutions continue to be robust, but remain unchanged year-on-year.
Revenues from Nýherji's software solutions rose substantially, almost 30% from the same period last year. Security solutions such as QRadar from IBM are in strong demand, with such solutions having become a larger point of emphasis for Nýherji in recent years. The country's major financial services companies now use QRadar to monitor their systems, with such monitoring about to become even more important when new EU rules on date protection (GDPR) come into force. Other solutions offered by Nýherji for the purpose of supporting the implementation of GDPR and quality management systems cumulate plenty of interest, including CCQ (Cloud Compliance & Quality), which is a new cloud solution for quality management processes.
At the beginning of next year, Nýherji will merge with two of its subsidiaries, TM Software and Applicon. This change will simplify the group's organisational structure and solution offering, improve service to customers and promote further growth. The merger will enable the group to reduce infrastructure costs, harmonise work processes and make better use of staff.
Despite a solid position there are various challenges on the horizon. In line with the global trend, recent years have seen greater competition from foreign IT companies which are increasingly marketing their services and solutions in Iceland. This is an ever-present challenge for Icelandic IT companies. At the same time, fluctuations in the price of the Icelandic króna have generally had a negative impact on the group's operations. Rises in wages are also a major issue, but efforts have been made to reduce payroll costs, the full results of which are expected to be seen in the first quarter of 2018.
The outlook for the operations of Nýherji is good. Demand for IT solutions is expected to remain strong and further growth is expected in the outsourcing of IT operations by businesses and institutions.
TM Software widens its solution offering for companies in the tourism industry
TM Software posted revenues of ISK 280 million in the third quarter, a 2% increase from the same period last year. The results are in line with expectations. Revenues for the year total ISK 897 million thus far, an increase of 5.5% from the previous year.
TM Software has acquired the Dacoda software solution for car rental companies, in addition to developing its own car rental solution, Driver Guide, a fleet management and navigation system for car rental companies and their customers. TM Software recognizes significant opportunities and synergies between the new solution and Driver Guide. TM Software's car rental solutions will be marketed under the name Caren.
The project pipeline is robust in most areas and the outlook for operations is good.
Continued revenue growth at Tempo
Tempo, which develops a time tracking solution of the same name, posted revenues of USD 12.6 million for the first nine months of the year, representing a year-on-year increase of 34% (in USD). The third quarter revenue was USD 4.2 million, up 33% (in USD) from the previous year. This rapid rise in revenues has been the story for Tempo since its foundation, with its clients now comprising over 11 thousand businesses and institutions of all types and sizes, in all industries, in more than 110 countries. The company works closely with 120 partners on the sale and servicing of the software, with its partners now generating a significant portion of new sales. Tempo employs about 100 people, including 32 in North-America.
The success of Tempo comes primarily from the improvements in production and efficiency that customers can achieve by using Tempo Timesheets, Planner and Budget, the company's main solutions. From the beginning Tempo has worked closely with Atlassian, the developer of JIRA work orders and the service system supported by the Tempo solution. At the Atlassian-Summit in San Jose in September, Tempo presented Tempo Cloud for JIRA, as well as connections to cloud services such as Slack and Google. The new solution is based on Tempo's own cloud environment in AWS (Amazon Web Services), offering opportunities for product development and growth through direct sales to customers regardless of whether they use JIRA from Atlassian or other cloud solutions. Tempo Cloud for JIRA is expected to continue to drive strong revenue growth at Tempo, both through products from Atlassian and in new markets.
For the past year, the investment bank AGC Partners has been consulting Nýherji and Tempo regarding the proposed sale of a stake in the company. As part of that process, Tempo management team gave presentations at investment conferences in San Francisco and London. AGC will now follow up on this by placing a significant stake in Tempo in a formal sale process. The goal of the sale is to bring into the company a partner with knowledge of how to build a global software operation. This will promote further growth and success for Tempo while also creating more value for owners and customers alike.
Good results at Applicon Iceland
The results of Applicon Iceland, which develops and sells business solutions, were good and in line with expectations. Applicon had total revenues of ISK 267 million in the third quarter, which is somewhat lower than the same period last year, but revenues in the third quarter of 2016 were unusually high due to very large contracts for the sale of software from SAP and Applicon's own software. In the first nine months of the year, revenues totalled ISK 887 million, up 4% from the previous year. Earnings for the quarter were similar as in 2016 but earnings as a percentage of revenues were higher. The operations are stable, with steady growth in subscription income from human resource and payroll solutions, good utilisation of consultants and innovation. The project pipeline is strong and diverse. The outlook for sales is good.
In early October, the acquisition of the entire share capital of Timian Software ehf. was finalised. Timian Software develops and implements a business solution of the same name, an electronic purchasing system which connects buyers to suppliers, making purchases more efficient and transparent. The company fits well with Applicon's existing business and there are opportunities of growth with respect to the company's other solutions and in cross-selling to customers of Applicon and Nýherji.
Good results at Applicon Sweden
Applicon Sweden, which specialises in consultancy and implementation of business solutions for banks and financial services companies, is currently engaged in large projects for SBAB Bank and Landshypotek Bank. The company had revenues of SEK 66 million in the first nine months of the year and results from operations were solid. Third quarter revenues amounted to SEK 18 million, decreasing substantially from the same period in the previous year. The decrease may be attributed to a very large software sale which was recorded in the third quarter of last year. However, service revenues rose year-on-year, up 10% in the quarter. Demand for services remains strong, among existing clients. The outlook is sturdy, growth is expected to continue and more staff is expected to be hired.
Operating prospects for the Nýherji group are good. Continued moderate growth of revenues is anticipated with a similar return on operation as seen in recent quarters.
At the end of Q3 2017, the company had a market cap of ISK 12,978 million. The share price closed at ISK 28.3 at the end of the quarter. Outstanding shares were 459 million as of 30 September 2017 with a total of 592 shareholders.
Approval of Financial Results
This interim statement was approved at a meeting of the Board of Directors of Nýherji hf. on 25 October 2017. Nýherji hf.’s financial statements comply with International Financial Reporting Standards (IFRS).
Nýherji is a group of companies in the IT sector. Nýjerji is a service provider which aims to help customers achieve improvements in their operations through IT technology, the expertise of their staff and flexible service. Nýherji hf.’s shares are listed on NASDAQ OMX Iceland hf. under the ticker symbol NYHR.
The Board of Directors of Nýherji comprises Ívar Kristjánsson, Chairman, Hildur Dungal, Emilía Thórdardóttir, Loftur Bjarni Gíslason and Gudmundur Jóhann Jónsson. Hjalti Thórarinsson is an alternate member of the Board. The CEO of Nýherji hf. is Finnur Oddsson.
Forward-looking statements contained in this press release may be based on management’s current estimates and expectations, and not on facts that may be verified after its publication. Such statements are inherently uncertain. They therefore caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in their forward-looking statements, and that they do not undertake to update any forward-looking statements. These forward-looking statements speak only as of the date of this presentation and are qualified in their entirety by this cautionary statement.
OTTAWA, ON -- (Marketwired) -- 07/21/17 -- Black Hat USA 2017 Booth #774 -- Black Hat USA 2017 exhibitor Interset is addressing one of the most pressing concerns facing security teams: how to manage a flood of time-consuming false positives while expanding threat visibility to cover backend, network and endpoint threat surfaces. At next week's Black Hat conference in Las Vegas, Interset will demonstrate new Network Analytics and Visibility (NAV) capabilities, making Interset's the first true big data security analytics solution to apply machine learning and AI-based threat detection across user, file, machine, endpoint and network behaviors. This offers enterprises with critical systems and sensitive data to protect the most complete and scalable automated threat detection solution available.
Growing Market MomentumInterset is experiencing hyper growth in 2017 as security teams look to add automated, intelligent threat detection to thwart a growing number of sophisticated attacks; in Q2 the company added a host of new customers in the financial services, technology and utilities industries, together with new OEM and MSSP partnerships contributing to revenue more than doubling year over year. This growth, combined with successful customer rollouts, a growing strategic OEM business, and a highly successful partnership with U.S. intelligence community investor In-Q-Tel, has Interset simultaneously expanding its field deployment team and increasing the industry-leading capabilities of its Interset Security Analytics Platform.
Many of Interset's new customers are replacing first-generation UEBA tools. As companies gain experience with machine learning and analytics, many realize that a true big data platform with more comprehensive data feeds permits scalability and coverage of an expanding number of use cases. Big data architectures must be used for more than storage, they must also power analytics engines.
Use case coverage across new customers has included insider fraud detection for a financial services customer, cyber-attack detection for a regional utility company, and compromised account detection of privileged accounts at a US Defense contractor.
Interset recently completed a rollout at a Fortune 500 utility company, where its scalable, out-of-the-box security analytics solution helped avoid high-cost customization work and reduced the number of security products required. The deployment comes at a time when security professionals have voiced growing concerns that US critical infrastructure will be breached by a cyber attack within the next two years, according to a recent Black Hat attendee survey.
Read the case study: Interset Security Analytics Provide Dramatic Threat Visibility Gains for U.S. Utility Company.
"Interset has become essential in automating the detection, analysis, categorization, and prioritization of hidden threats and high-risk events across the network. Interset is a premier partner within their Cyber protection ecosystem," said Javier Gonzalez, Cyber Strategist, ATOS North America. Atos recently launched its prescriptive Security Operations Center (SOC), which leverages the McAfee Open Data Exchange Layer (Open-DXL) to enhance automation, orchestration and the immediate reactivity of security responses in order to eliminate fragmented and time-consuming manual security responses. Interset worked with McAfee to integrate its solution via DXL for the utility customer deployment and was named McAfee Innovation Alliance 2017 DEVCON Rookie of the Year.
Shift to Internal ThreatsInterset's rapid growth is the result of increasing pressure to change cybersecurity approaches across industries. While the perimeter of an enterprise has been the focus of security over the past 20+ years, an inability to stop cyberattacks has shifted that focus to internal threat detection. The need to monitor east-west network traffic for threats has become a critical part of any internally-focused solution. Yet, traditional, rules-based approaches have failed due to massive issues with false positive and poor scalability. The arrival of big data architectures and increasingly accurate automated threat detection using machine learning and artificial intelligence has enabled Security Analytics companies like Interset to help security teams operationalize an effective internal threat detection program.
According to Forrester's Business Technographics Global Security 2016 survey, 81% of enterprises with 1,000 or more employees are implementing or expanding their security analytics and/or security information management (SIM) solutions or have implementation plans for 2017.(1)
"Interset is unique in applying unsupervised machine learning and a 'connect the dots' approach to detect event anomalies and associate them with the entities involved to reduce noise and false positives," said Interset CEO Mark Smialowicz. "With the addition of Network Analytics and Visibility, customers can deploy this solution not only for users, files, and endpoints but networks in a single platform. This improves customers' threat visibility while reducing products required."
Added Smialowicz, "Learning from their close customer partnerships and real-world deployment experience, they strongly disagree with the 'dump your SIEM' approach of some UEBA vendors. Interset is instead focusing on integrating into and greatly improving the operations and efficiency of existing security investments. Their goal is to add a layer of intelligent analytics to existing security infrastructure, improving ROI and bringing security programs to life. To that end, they will announce several associated technology partnerships in the coming months," he added.
Schedule a meeting or see Interset at Black Hat USA Booth 774 Mandalay Bay in Las Vegas, Nevada, July 24-27, 2017.
About IntersetInterset provides highly intelligent, accurate insider and targeted outsider threat detection. Their solution unlocks the power of user behavioral analytics, machine learning, and big data to provide the fastest, most flexible, and efficient way for IT teams to operationalize a data-protection program. Utilizing agentless data collectors, lightweight endpoint sensors, advanced behavioral analytics, and an intuitive user interface, Interset provides unparalleled visibility to high-risk events. This enables early attack detection and actionable forensic intelligence with reduced false positives and noise. Interset solutions are deployed to protect critical data across the manufacturing, life sciences, high-tech, finance, government, aerospace and defense, and securities brokerage industries. For more information, visit Interset.com and follow us on Twitter @intersetca.
(1) Source: The Forrester Wave: Security Analytics Platforms, Q1 2017
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