PC World — Three major retail chains have recently admitted being victims of massive data breaches that compromised sensitive data from over 100 million customers. Sadly, though, Target, Nieman-Marcus, and Michael's are just the beginning of a trend that isn't likely to fade away any time soon.
Verizon's annual Data Breach Investigations Report (DBIR) from May of 2013 found that 24 percent of the confirmed data breaches in 2012 affected the retail and restaurant sector--second only to the financial sector. In all, there were 156 confirmed data breaches in the retail and food services industries.
NEWARK, Calif. – Tegile Systems, the leading provider of flash-driven storage arrays for virtualized server and virtual desktop environments, today announced that Aer Lingus has implemented its Zebi HA2800 arrays to revamp its internal infrastructure and provide the bandwidth necessary to better support end-user needs. Aer Lingus is the national airline of Ireland whose primary mission is to connect Ireland with the world. It operates a fleet of 58 aircraft, on 116 routes, from central airport locations in Ireland, the UK, mainland Europe and North America, serving in excess of 11 million passengers annually while providing seamless global connectivity with its partner airlines. Aer Lingus faced the challenge of how to store huge amounts of data generated from all areas of its global business – from flight reservations to air control to internal communications – in an accessible, economical way. Unable to scale at the speed necessary to cope with projects such as SQL databases, data warehousing and VDI deployment with its existing EMC storage, Aer Lingus looked to alleviate its problems by assessing other solutions available on the market. After conducting evaluations with various storage companies such as Apache and HP, the airline chose to supplement its EMC solution with Tegile based on the high performance and cost effectiveness of its Zebi arrays. “With the legacy EMC storage, as soon as we reached our storage limit, we had to go back to the vendor to buy additional storage space,” said Brian Price, IT Architect at Aer Lingus. “This was both costly and an inefficient use of our IT team’s time. With the implementation of Tegile arrays, storage is no longer an issue at Aer Lingus. The deployment has given us more bang for our buck and allowed a lot more breathing space for our IT team. Tegile arrays offer storage that is rich with features to enhance data management.” Since its successful deployment, the IT team has seen benefits with its projects, such as VDI deployment, being launched with ease. Aer Lingus has moved critical data, including its corporate file share, to the Zebi arrays further negating the need to expand its EMC solution. And, by taking advantage of Tegile’s de-duplication and compression features, Aer Lingus is able to update files in real time between each of its two data centers, ensuring business continuity. “For companies that need to expand their existing capacity or improve their performance, being locked into legacy hardware can be an expensive and overwhelming proposition,” said Rob Commins, vice president of marketing at Tegile Systems. “Aer Lingus found that they could supplement their existing EMC solution to gain the performance and scalability that they needed while staying within their cost constraints by leveraging our ‘hybrid solution with a twist,’ allowing them to take advantage of both the future of flash and the capacity of disk. Rather than continually investing in expensive, additional storage space from EMC to cope with the increasing amount of data, Aer Lingus is able to expand its storage capacity more quickly and at a lower price.” Tegile’s Zebi HA2800 storage arrays leverage the performance of SSD and low cost-per-TB of high capacity disk drives to deliver five times the performance and up to 75 percent less capacity required than legacy arrays. Tegile has architected the performance benefits of SSDs throughout the data path, giving every application a performance boost. One-click virtual machine optimized storage creation can deploy hundreds of virtual machines and desktops in minutes, not hours. Built-in backup and data replication via unlimited snapshots, cloning and instantaneous restores keeps virtual machines and desktops protected.
About Tegile Systems Tegile Systems is pioneering a new generation of flash-driven enterprise storage arrays that balance performance, capacity, features and price for virtualization, file services and database applications. With Tegile’s Zebi line of hybrid storage arrays, the company is redefining the traditional approach to storage by providing a family of arrays that is significantly faster than all hard disk-based arrays and significantly less expensive than all solid-state disk-based arrays. Tegile’s patent-pending MASS technology accelerates the Zebi’s performance and enables on-the-fly de-duplication and compression of data so each Zebi has a usable capacity far greater than its raw capacity. Tegile’s award-winning technology solutions enable customers to better address the requirements of server virtualization, virtual desktop integration and database integration than other offerings. Featuring both NAS and SAN connectivity, Tegile arrays are easy-to-use, fully redundant, and highly scalable. They come complete with built-in auto-snapshot, auto-replication, near-instant recovery, onsite or offsite failover, and virtualization management features. Additional information is available at www.tegile.com. Follow Tegile on Twitter @tegile.
New 50 and 60 Hertz 500kVA UPS System Supports Energy Efficient 400 Volt Installations
WARRENDALE, Penn. – Mitsubishi Electric, an industry leader in designing and manufacturing reliable, environmentally friendly uninterruptible power systems (UPSs), today announces its new 9950A UPS that provides mission-critical operations with an efficient UPS design for 400 volt power distribution infrastructures. Widely adopted in Europe and Asia, the 230/400 volt power distribution approach has gained traction in high-density data centers in North America due to significant increases in energy efficiencies – reducing a facility’s operating costs and carbon footprint.
Like all other Mitsubishi UPSs, the new 9950A is a three-phase, on-line double-conversion system and features Mitsubishi’s world-renown Insulated Gate Bipolar Transistor (IGBT) technology for enhanced UPS performance and reliably. Offering over 96 percent efficiency, the 500kVA UPS supplies clean, continuous power to connected data center and other mission-critical equipment. The 9950A UPS was specifically designed for systems incorporating 380VAC, 400VAC, and 415VAC four-wire installations at 50 or 60 Hz.
The 230/400V electrical distribution infrastructure eliminates the need for expensive, heavy transformers and extra circuit breakers required for 120/208V power distribution. The higher 230/400V power scheme has additional advantages such as eliminating possible failure points (circuit breakers), occupying less overall floor space (no transformers required), and increasing efficiency through increased power delivery.
“Our new 9950A UPS will help our customers running mission-critical applications reduce costs, weight and floor space while increasing efficiency,” said Dean Datre, general manager, Mitsubishi Electric Power Products’ UPS division. “More and more data centers – especially those running dense servers - are incorporating the 230/400 volt power distribution scheme in order to take advantage of inherent power efficiencies. Our new 9950A UPS will give these users a dependable power protection solution – reducing total cost of ownership and carbon footprint.”
Mitsubishi’s 9950A UPS can be paralleled with up to eight units for N+1 redundancy. Also featuring an easy-to-use LCD touch panel, users can quickly access system status, monitoring and control.
The 9950A UPS is available now and is fully supported by Mitsubishi Electric Power Products’ factory–direct, 24x7x365 services, training, and application expertise as well as a two-year parts and labor warranty. For more information on Mitsubishi’s award-winning UPSs, visit http://www.meppi.com/Products/UninterruptiblePowerSupplies/products/Pages/default.aspx or call 724-772-2555.
About Mitsubishi Electric Power Products, Inc. UPS Division
Since 1964, Mitsubishi Electric has manufactured precision-engineered, high quality uninterruptible power supplies to protect its customers’ mission-critical equipment during times of power instability. Mitsubishi Electric leads the industry in designing and manufacturing reliable, environmentally-friendly UPS systems to extend uptime, prevent data loss and protect against power surges. Mitsubishi Electric Power Products’ UPS division offers systems in both single- and multi-module configurations and a broad range of kVA capacities. Visit http://www.meppi.com for more information.
NAKIVO maintains an explosive growth rate in the VM data protection market and reveals annual revenue, partners, and customer details for 2013.
NAKIVO Inc., the leading VM data protection software provider, today announced 2013 results and record-breaking quarterly revenue results. Being the youngest company to be named an "Emerging Vendor 2013" by CRN, NAKIVO by far outpaces its competition in terms of revenue, channel, and customer adoption growth. In 2013, NAKIVO has achieved the following:
- Being profitable since founding in 2012, NAKIVO has more than doubled revenue again in Q4 versus Q3, demonstrating rapid customer adoption and its fast pace growth in the VM data protection market
- Compared to Q4 2012, NAKIVO’s revenue in Q4 2013 has grown by an incredible 800% with the help of new Solution and Cloud Provider Partners, making NAKIVO one of the fastest-growing companies in the industry.
- Aiming to be 100% channel-based, NAKIVO has increased its Partner Program to over 350 resellers in 55 countries across the Americas, Europe, Africa, Middle-East, and Asia.
- NAKIVO has further strengthened its global presence by signing up distribution agreements with the leading software distributors across the globe, including: Lifeboat Distribution (United States), Alltron (Switzerland), aVad (Greece), Bakotech (Czech Republic), E-Data Technology (Turkey), Zero One Technology (Taiwan), MPA (Australia), and Softline (CIS Region).
- Introduced Cloud Provider Program with per-VM Licensing to enable Backup-as-a-Service (BaaS), Replication-as-a-Service (RaaS), and Disaster Recovery-as-a-Service (DRaaS) for Managed Services, Cloud, and Hosting Providers.
- Added 12 companies to its Cloud Provider Program.
- Enabled UPM - a leading IT service provider for SMBs in Santiago, Chile - to save 50% of the data protection budget, along with increasing backup and replication speed by 30%, and reducing time for configuring and managing data protection by 10X.
- Enabled RvO - a leading cloud services provider in Europe - to reduce its VM Backup-as-a-Service costs by 40%.
- Helped Host Ventura - a Cloud Provider in Bulgaria - to reduce client ESXi backup time by 30%.
- Enabled Fifth Factor Technologies to deliver cloud-based Disaster-Recovery-as-a-Service.
- Has grown customer base to over 1,500 customers across the US, South America, Europe, Africa, Middle-East, and Asia.
- Expanded beyond the United States with more than 74% of its new customers in Europe, Australia, and Africa.
- Gained 10% of its new customers through the NAKIVO Easy Switch program, enabling businesses to give up their current VM data protection product and get the same number of NAKIVO Backup & Replication licenses for free while reducing maintenance by up to 50%.
- Supported the VMware community by providing VMUG members, vExperts, VCPs, and VCIs with free Not For Resale licenses for NAKIVO Backup & Replication.
- Enabled Santa Fe New Mexican - the US West's oldest newspaper company - to back up business critical VMs to Dropbox cloud
- Enabled Bradburys Ltd. - one of the largest cheese distributors in United Kingdom - to reduce recovery time from 12 hours to 10 minutes
- Enabled Acorn Fasteners Ltd. – an industry-leading manufacturing company in United Kingdom –to reduce VM disaster recovery time by 96%
- Enabled GRW - the leading road tanker manufacturer in South Africa - recover files and VMs 60X faster
- Enabled Branch Manufacturing in Minnesota to reduce VMware backup costs by 60%.
- v2 Free Edition enabled ad-hoc backups of running VMs for operational, archival, and portability purposes.
- v3 introduced file recovery from local, remote and cloud-based VM backups, single click integration with Amazon, and advanced reporting.
- v3.2 featured vCloud Director Support, network acceleration, along with support for RHEL and SLES Linux.
- v3.5 added staged replication and repository mapping for the reuse of backups and replicas. The Free edition has been updated to enable archiving to cloud.
- v3.7 provided support for Linux LVM and Windows dynamic discs for file recovery as well as featured improved performance and reliability.
- v3.8 introduced vSphere 5.5 Support and backup repository Self-Healing
- v3.9 Beta enabled early testing of Multi-Tenancy and Self-Service by cloud service providers planning to offer Backup-as-a-Service for VMware Environments
- NAKIVO has opened a new office in Singapore – which is the financial, technological, and trade hub of Asia - to support the strong and growing demand for VM data protection software in the region.
- NAKIVO has been named to “The Top 50 Companies to Watch Out For” by Channel World.
- NAKIVO has been named a 2013 Emerging Technology Vendor by CRN
“2013 has been a great year for NAKIVO,” said Bruce Talley, CEO and co-founder of NAKIVO. "We are pleased with the unprecedented demand for NAKIVO by Cloud Service Providers and SMB customers worldwide, and we’re looking forward to achieving more in 2014.”
"Our previous VMware backup and replication product was inefficient and consumed both our time and our customers’ time," said Tom Arentsen, a VMware Certified Design Expert and the IT Director at Host Ventura. "In our evaluation, NAKIVO Backup & Replication came out on top with the highest VM backup performance and job completion reliability, while providing a much more intuitive user interface and all this at a lower overall price point."
"With our old solution, VM backups often failed and required manual intervention to complete successfully," said Dan Long, MIS Director at Branch Manufacturing. "With NAKIVO Backup & Replication, my backup jobs are always successful. It just works! NAKIVO Backup & Replication has reduced our overall virtualization data protection costs by 60%."
“In the past, we worked with another VM backup solution, but it required us to spend about 30 hours per month to manage and maintain the system and did not support vCloud Director," said Primoz Lah, CTO at RvO. “We evaluated the other leading third party VMware backup solution on the market, and selected NAKIVO Backup & Replication due to its low maintenance, high reliability, performance and superior customer usability."
"We are excited to work with NAKIVO to distribute their data protection solution through our partner network," said Matt Goodman, Sales Manager, MPA Systems. "With NAKIVO Backup & Replication, we are now able to deliver the easiest-to-use, feature rich solution that enables the protection and recovery of VMs locally, offsite, and with public clouds."
“We have evaluated the leading data protection offerings available on the market,” said Alonso Satomayor, CEO at UPM. “From the price to value perspective, NAKIVO Backup & Replication beat every other product we have tried, and we have tried all the leaders. We found that we could save 50%, while increasing backup and replication speed by 30%, and reducing time for configuring and managing data protection by 10X.”
- Overview: www.nakivo.com/product.htm
- Datasheet: www.nakivo.com/Resources/NBR-DS.pdf
- Success Stories: www.nakivo.com/customer_successes.htm
- Trial Download: www.nakivo.com/en/VMware-Backup-Free-Trial.htm
Headquartered in Silicon Valley, NAKIVO is a privately-held software company that has been profitable since founding in 2012. With more than 1,500 customers worldwide, NAKIVO develops and markets a line of next generation data protection products for VMware vShpere ESXi virtualized environments. NAKIVO provides one of the most affordable, highly reliable and easiest to use VM backup and replication solution for enabling SMBs to protect, encrypt, compress and deduplicate VM data onsite, offsite and in the cloud. NAKIVO also enables hosting, managed, and cloud services providers to create and offer VM Backup-as-a service, Replication-as-a service and DR-as-a service, to their customers. NAKIVO was the first virtualization backup specialist to offer VM backup to public clouds such as Amazon to SMB customers and multi-tenancy to service providers and enterprise customers. For more information, please visit www.nakivo.com.
To celebrate Data Privacy Day, Jay Livens, director of product and solutions marketing at Iron Mountain has compiled a checklist of top 10 strategies for businesses who want to keep their information safe and from getting into the wrong hands. Take a look:
- Encryption is key. Make sure all of your data is encrypted – whether it’s information you keep in digital storage, tape, or on your employees’ mobile devices. Wherever there is sensitive information, there should also be encryption.
- Manage Mobile Devices. The ever-mobile employee of today can have a lot of sensitive information on their phones and tablets. Make sure you have a mobile device management solution or policy in place to protect those devices, whether corporate or employee-owned.
- Out with the Old. Ensure that comprehensive corporate policy accounts for the secure destruction of old and sensitive company, employee and customer information.
- Store Smart. You should always know how your information is secured – whether it’s in the cloud, in a data center or housed
- Plan Ahead. Make sure you have an end-of-life plan in place for assets you no longer need or that will be destroyed. People tend to hold on to information for longer than they need. Make sure you dispose of IT assets in a safe and consistent manner to protect from a potential data breach.
- Password Protect. Use complex passwords, change them frequently and use two factor authentication whenever possible.
- Virus Protection. It seems like a no-brainer, but keeping up-to-date with virus protection is a great way to keep data safe.
- Don’t Forget Firewalls. Firewalls and intrusion detection are also a key piece of the data privacy puzzle.
- Privacy is the Best Policy. Create an enterprise-wide policy to protect private information from unauthorized access or inadvertent disclosure.
- Education Nation. Properly train your employees to treat information appropriately, and make sure everyone is up to speed on the latest policies and procedures.
Data from Iron Mountain Survey
Recently, we conducted a survey of IT professionals on how organizations will protect data in 2014 and beyond. You can read the official release here, but here are the top-level highlights:
- : With 68 percent probability, the report shows that data loss and privacy breaches are the most prevalent concern for IT leaders over the next 12-18 months.
- : There is a 77 percent likelihood that the rising tide of data will remain the greatest challenge facing IT organizations. Contributing to the issue is that many enterprises have data stored on various technologies, making access to this data a concern as these organizations work to meet growing archiving requirements.
- Respondents indicated with a 62 percent confidence level that IT organizations are grappling with limited funding for aligning data growth and data protection. At the same time, tape’s low total cost of ownership (TCO) makes it an attractive factor for its role in a hybrid backup strategy.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is a leading provider of storage and information management services. The company’s real estate network of over 64 million square feet across more than 1,000 facilities in 36 countries allows it to serve customers with speed and accuracy. And its solutions for records management, data management, document management, and secure shredding help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information for business advantage. Founded in 1951, Iron Mountain stores and protects billions of information assets, including business documents, backup tapes, electronic files and medical data. Visit www.ironmountain.com for more information.
Manually combing through logs looking for anomalies that might represent a security threat is not only tedious, it also introduces a level of security fatigue that makes it more likely for a security threat to go unnoticed.
To help organizations reduce that risk, Splunk developed its Splunk App for Enterprise Security, which applies analytics to logs in a way that makes it a lot easier to identify the patterns that represent potential security threats. Released this week, version 3.0 of the app adds support for a new threat intelligence framework, additional data types and data models, and a pivot interface.
NEWARK, Calif. – With better performance than traditional hard disk-based storage at significantly less expense than all solid state arrays, hybrid storage provides organizations with the increasingly desired speed of flash media without sacrificing the capacity or cost advantage of spinning disks for a storage solution that is well positioned to be among the most implemented throughout the upcoming year, say experts at Tegile Systems, the leading provider of flash-driven storage arrays for virtualized server and virtual desktop environments. Standard hard disk-based arrays offer capacity at a low cost but they cannot keep up with today’s performance requirements. Solid state disks deliver high performance but cannot deliver the required capacity at a reasonable cost. Hybrid storage arrays are faster than hard disk drive-based arrays and less expensive than SSD-based arrays. They balance high performance with high capacity and often come with a full suite of features at a price that makes them an ideal solution for a wide range of industries and applications. News touting the gains in IOPS of all-flash arrays continue to garner headlines but the reality is that for 99 percent of organizations, the performance gain far exceeds the needs of their business-critical applications. Those running specialized applications, such as real-time financial transactions, and those in the Big Data, HPC and scientific research environments may benefit from storage systems that can deliver 1 million IOPS, but most corporate business applications require only a fraction of this performance. Hybrid arrays can service the vast majority of high-performance workloads for a fraction of the cost of all-flash systems. This realization is being understood by both customers and those in the financial community, which has recently signaled its approval of hybrid systems through the overwhelming success of Nimble Storage’s IPO and subsequent gains in the company’s stock price. Investors have signaled that hybrid storage is a good investment and they expect that there is room for growth in the sector. The gains seen in Nimble’s stock offerings are in stark contrast to the fall in stock price of all-flash array provider Violin Memory. “The storage industry is at a bit of an inflection point in regards to the best approach organizations can take to satisfy the increasing needs of performance-hungry applications while staying true to the company’s bottom line,” said Rob Commins, Tegile vice president of marketing. “Hybrid storage that marries the best of SSD and HDD is poised to make tremendous gains this year. However, buyers still need to do the research as all hybrids are not created equal. Truly effective hybrid array solutions need to be engineered to address all the demands of the modern data center rather than simply be a combination of two disparate technologies sold as a single offering.” Organizations looking to maximize their IT investment by adopting a hybrid approach to their storage infrastructure need to find solutions that deliver faster performance, higher capacities and robust data protection with near-instant recovery times while being affordable, efficient and easy to use. Among the features users should look for in a hybrid solution are: • True unified access of both block protocols (iSCSI, Fibre Channel) and file protocols (NFS and CIFS) to provide flexibility in solving business challenges with a single storage platform. This is more effective and less expensive than attempting to pull together multiple storage platforms to satisfy different storage requirements. • Optimized hybrid storage that intelligently uses SSDs with DRAM and flash in the data path to protect user data by storing it permanently on hard disks while using the faster technologies as a high-speed cache. This is a superior approach to solutions that rely entirely on flash for data storage, risking data loss through volatility of the medium. • Integrated data protection functionality such as automated snapshot schedules for recovery points, fully redundant metadata storage and replication that is designed to survive multiple disk failures in order to ensure continued availability of business-critical data. • Inline compression and deduplication utilized throughout the array to reduce the acquisition and operational cost of storage. Reducing all application data, not just secondary applications, can result in up to 75 percent less capacity used than alternative solutions. • Leveraging the benefits of SSDs throughout the data path, rather than as a tier of storage, to ensure every application receives a performance boost with flash storage. Combined with intelligent, application-aware software, the storage system can configure and optimize itself based on the application that uses it. “Tegile Systems has pioneered a new generation of flash-driven enterprise storage arrays that balance performance, capacity, features and price to help organizations solve storage challenges in virtual server, database and VDI environments,” said Commins. “We believe this is the year that more users than ever will discover just how hybrid storage arrays can gain the performance benefits of solid state without sacrificing the cost benefits of hard disk storage at the right price point.” About Tegile Systems Tegile Systems is pioneering a new generation of flash-driven enterprise storage arrays that balance performance, capacity, features and price for virtualization, file services and database applications. With Tegile’s Zebi line of hybrid storage arrays, the company is redefining the traditional approach to storage by providing a family of arrays that is significantly faster than all hard disk-based arrays and significantly less expensive than all solid-state disk-based arrays. Tegile’s patented MASS technology accelerates the Zebi’s performance and enables on-the-fly de-duplication and compression of data so each Zebi has a usable capacity far greater than its raw capacity. Tegile’s award-winning technology solutions enable customers to better address the requirements of server virtualization, virtual desktop integration and database integration than other offerings. Featuring both NAS and SAN connectivity, Tegile arrays are easy-to-use, fully redundant, and highly scalable. They come complete with built-in auto-snapshot, auto-replication, near-instant recovery, onsite or offsite failover, and virtualization management features. Additional information is available at www.tegile.com. Follow Tegile on Twitter @tegile.
Data center, IT professionals encouraged to participate in global initiative
COLUMBUS, Ohio – Emerson Network Power, a business of Emerson (NYSE: EMR) and a global leader in maximizing availability, capacity and efficiency of critical infrastructure, today announced the launch of “Data Center 2025.” The industry-wide initiative is designed to engage thought leaders from all corners of the data center industry in order to explore potential visions for the data center of the future.
The four-month, global initiative will include input from data center providers and managers, OEMs, industry analysts, media and others from the data center and IT communities. It will include surveys, interviews, social media engagement and reviews of existing forecasts, with some results shared virtually in real time at www.EmersonNetworkPower.com/DataCenter2025 and through social media. Complete results will be included in a report to be released at AFCOM Data Center World, April 28-May 2 in Las Vegas.
“Our industry is and always has been driven by innovation,” said Steve Hassell, president of Emerson Network Power’s Data Center Solutions business. “As an industry, we must maintain a sharp focus on the horizon in order to not just meet our customers’ changing needs but to drive the data center industry in smart, responsible ways. Our intent with this initiative is to provide a lens through which many various perspectives on a longer-term future may be viewed and evaluated.”
To guide the conversation and provide a starting point for input, Emerson established potential scenarios for the future of computing. They reflect potential directions the industry could go based on evolution of existing technologies and emergence of disruptive technologies. Over the next four months, Emerson will ask the industry to predict how those scenarios might impact various aspects of the data center—and how, in turn, the data center might evolve to support those models.
“What kind of converged technologies will be available, and how will they change the data center model?” Hassell asked. “Where will these facilities be located? How will they be powered and managed? What skill sets will data center and IT personnel need to possess? These are just a few of the questions we want to offer for discussion, and we are genuinely excited to engage in those conversations.”
Data center and IT professionals are encouraged to participate. They can learn more about the potential 2025 scenarios, comment, and complete the survey at www.EmersonNetworkPower.com/DataCenter2025, or email thoughts or questions to DataCenter2025@Emerson.com.
For more information on Data Center 2025 or on Emerson Network Power products and solutions that support the data center, visit www.EmersonNetworkPower.com.
About Emerson Network Power
Emerson Network Power, a business of Emerson (NYSE: EMR), delivers software, hardware and services that maximize availability, capacity and efficiency for data centers, healthcare and industrial facilities. A trusted industry leader in smart infrastructure technologies, Emerson Network Power provides innovative data center infrastructure management solutions that bridge the gap between IT and facility management and deliver efficiency and uncompromised availability regardless of capacity demands. Our solutions are supported globally by local Emerson Network Power service technicians. Learn more about Emerson Network Power products and services at www.EmersonNetworkPower.com.
Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2013 were $24.7 billion. For more information, visit www.Emerson.com.
Business risk consultancy Riskskill has highlighted what it sees as the main areas of increasing business risk for UK companies in 2014:
1. Fraud Risks
In 2014 fraud risks are likely to be the major contender for exposing many businesses to significant risk as the closure of the government’s National Fraud Authority (NFA) could, some feel, be seen by fraudsters as a huge victory for the bad guys. The NFA was set up to consolidate and focus upon the handling and approach of combatting fraud and also to direct the strategic elements of the attack on the fraudster. The NFA objectives were previously diluted from eight to three, with the more 'strategic issues' removed. Now its remaining operational functions have been atomized into several government silos.
ASIS International has announced the publication of a revised version of the ANSI/ASIS Chief Security Officer - An Organizational Model. This standard provides a model for organizations to use when developing a senior leadership function responsible for providing comprehensive, integrated risk strategies to protect an organization from security threats.
This standard replaces the 2008 ANSI/ASIS Chief Security Officer Organizational ANSI version.
“Early on, it was determined that the standard’s purpose was to state the risks that need to be managed within an organization — of any size — and based on those risks, determine the skills and competencies needed to manage those risks,” said Jerry Brennan, technical committee chair, and chief executive, Security Management Resources. “By identifying who owns what, who is accountable, and what is shared, organizations can then determine what is needed within its ‘senior security executive’ position and the competencies that are best suited for that role.”
The standard’s model for a senior leadership position is presented at a high level and designed as a guide for the development and implementation of a strategic security framework. The structure is characterized by appropriate awareness, prevention, preparedness, and necessary responses to changes in threat conditions. Specific considerations and responses are also addressed for deliberation by individual organizations based on identifiable risk assessment, requirements, intelligence, and assumptions.
“The perspective through which organizations evaluate and integrate operational risk within their strategic plan continues to be a dynamic process which not only impacts the role of the ‘senior security executive’ but also the position or positions that may assume that role,” said Charles Baley, ASIS Standards and Guidelines Commission Liaison and chief security officer, Farmers Group, Inc. “This Standard focuses on the importance of the function and not a single title or position.”
Applicable to both private and public sector organizations, the standard provides a methodology to evaluate and respond to a spectrum of threats to tangible and intangible assets on both a domestic and global basis.
View the executive summary (PDF).