|Exam Name||:||ISPES Cisco IronPort Security(R) Professional - Email Security|
|Questions and Answers||:||60 Q & A|
|Updated On||:||February 18, 2019|
|PDF Download Mirror||:||Pass4sure 650-156 Dump|
|Get Full Version||:||Pass4sure 650-156 Full Version|
650-156 exam Dumps Source : ISPES Cisco IronPort Security(R) Professional - Email Security
Test Code : 650-156
Test Name : ISPES Cisco IronPort Security(R) Professional - Email Security
Vendor Name : Cisco
Q&A : 60 Real Questions
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SAN JOSE, Calif. - February 6, 2007 - Cisco¬ģ, the international leader in networking that transforms how people join, talk and collaborate, today reported its 2nd quarter effects for the period ended January 27, 2007. Cisco reported 2nd quarter web income of $eight.four billion, internet profits on a often accepted accounting principles (GAAP) foundation of $1.9 billion or $0.31 per share, and non-GAAP internet revenue of $2.1 billion or $0.33 per share. Scientific-Atlanta, Inc., got throughout the third quarter of fiscal 2006, contributed web earnings of $639 million all through the 2d quarter of fiscal 2007.
"Cisco executed listing outcomes that were neatly balanced throughout our geographies, items, services, client segments and new markets," pointed out John Chambers, chairman and CEO, Cisco. "This illustrates our key competitive potential of being in a position to enhance a long-time period vision, execute on our approach and bring consistent effects.
"It is this exciting ability to stability between approach and innovation that has placed Cisco to take knowledge of key emerging enterprise and IT developments such because the rise of video on the community," Chambers persevered. "as the community turns into the platform, we are seeing further and further indications that every one kinds of IT and conversation are getting into the community and increasing the overall obtainable market to Cisco."
vs. Q2 2006net revenue
+39.7%income per Share
vs. Q2 2006internet profits
+28.1%income per Share
internet sales for the primary six months of fiscal 2007 had been $16.6 billion, compared with $13.2 billion for the first six months of fiscal 2006. Scientific-Atlanta, Inc. contributed $1.2 billion to internet income during the primary six months of fiscal 2007. web profits for the primary six months of fiscal 2007, on a GAAP foundation, turned into $3.5 billion or $0.fifty six per share, in comparison with $2.6 billion or $0.42 per share for the first six months of fiscal 2006. Non-GAAP internet revenue for the first six months of fiscal 2007 turned into $4.0 billion or $0.sixty four per share, in comparison with $3.2 billion or $0.51 per share for the first six months of fiscal 2006.
A reconciliation between web profits on a GAAP foundation and non-GAAP net income is provided in the table on web page 6, which includes more information related to the impact of the December 2006 reinstatement (retroactive to January 1, 2006) of the U.S. federal research and development (R&D) tax credit score.
Cisco will talk about 2d quarter consequences and business outlook on a conference name and Webcast at 1:30 p.m. Pacific Time nowadays. call counsel and linked charts are available at http://investor.cisco.com.
"we are very completely happy with our typical performance and balance for the 2nd quarter of the fiscal 12 months," pointed out Dennis Powell, chief fiscal officer, Cisco. "Cisco tested persevered energy of each our Cisco standalone company, with 18 % revenue increase 12 months over 12 months, and our Scientific Atlanta business, with 21 % growth year over 12 months, which handed our expectations for combined profits, working income and earnings per share."
New Product Introductions
essential customer movements
Cisco (NASDAQ: CSCO) is the global chief in networking that transforms how people connect, speak and collaborate. guidance about Cisco can also be found at http://www.cisco.com. For ongoing news, visit http://newsroom.cisco.com.
# # #
This liberate may well be deemed to contain forward-searching statements, which can be subject to the secure harbor provisions of the private Securities Litigation Reform Act of 1995. These forward-searching statements encompass, among other issues, statements involving future movements (such as the construction of our markets, the way forward for networking, and Cisco's method and positioning) and the long run economic efficiency of Cisco that contain risks and uncertainties. Readers are counseled that these forward-looking statements are only predictions and may range materially from exact future events or effects as a result of quite a lot of factors, together with: enterprise and financial circumstances and increase trends in the networking industry and in numerous geographic regions; international financial situations and uncertainties within the geopolitical ambiance; typical tips technology spending; the growth of the cyber web and stages of capital spending on web-primarily based methods; adaptations in customer demand for items and services, together with earnings to the provider provider market; the timing of orders and manufacturing and customer lead instances; changes in customer order patterns or consumer combine; inadequate, excess or out of date stock; variability of component costs; adaptations in sales channels, product charges or mix of items bought; our ability to efficiently acquire agencies and technologies and to effectively combine and function these received groups and technologies including the businesses and applied sciences of Scientific-Atlanta, Inc.; extended competition in the networking industry; dependence on the introduction and market acceptance of new product offerings and necessities; speedy technological and market change; manufacturing and sourcing dangers, together with dangers concerning our transition to a brand new manufacturing model; product defects and returns; litigation involving patents, highbrow property, antitrust, shareholder and different matters; natural catastrophic events; a virus or epidemic; success of the benefits predicted from our investments in sales and engineering actions; our capability to recruit and hold key personnel; our capacity to control economic risk; forex fluctuations and different international elements; competencies volatility in operating outcomes; and other elements listed in Cisco's most recent experiences on form 10-okay and form 10-Q. The economic assistance contained during this unencumber should be read in conjunction with the consolidated monetary statements and notes thereto covered in Cisco's most fresh studies on kind 10-ok and form 10-Q, each because it can be amended from time to time. Cisco's outcomes of operations for the three and six months ended January 27, 2007 don't seem to be necessarily indicative of Cisco's working effects for any future intervals. Any projections during this liberate are in line with confined counsel currently available to Cisco, which is discipline to alternate. however the sort of projections and the components influencing them will doubtless alternate, Cisco will now not always replace the counsel, on account that Cisco will only deliver suggestions at definite elements right through the yr. Such information speaks handiest as of the date of this release.
This release includes non-GAAP net earnings, non-GAAP net income per share information, shares used in non-GAAP web revenue per share calculation, non-GAAP stock turns and valuable tax expense utilized in arriving at non-GAAP web income.
These non-GAAP measures are not in keeping with, or an alternative for measures prepared in accordance with, commonly authorised accounting principles and might be diverse from non-GAAP measures used by using different companies. in addition, these non-GAAP measures are not in response to any finished set of accounting guidelines or principles. Cisco believes that non-GAAP measures have barriers in that they don't reflect all of the quantities linked to Cisco's effects of operations as decided in line with GAAP and that these measures may still only be used to evaluate Cisco's results of operations along side the corresponding GAAP measures.
Cisco believes that the presentation of non-GAAP web earnings, non-GAAP net income per share facts, shares used in non-GAAP net revenue per share calculation and constructive tax fee used in arriving at non-GAAP web profits, when proven at the side of the corresponding GAAP measures, gives effective information to buyers and administration concerning economic and enterprise tendencies concerning its financial circumstance and results of operations. in addition, Cisco believes that the presentation of non-GAAP inventory turns gives helpful counsel to investors and management related to economic and business developments relating to stock management in line with the working actions of the duration introduced.
For its interior budgeting system, Cisco's administration uses financial statements that don't include employee share-primarily based compensation rate, impact to cost of revenue from purchase accounting adjustments to inventory, payroll tax on inventory alternative workouts, compensation price related to acquisitions and investments, in-procedure research and development, amortization of purchased intangible property, big good points and losses on publicly traded equity securities, the income tax effects of the foregoing, and important outcomes of retroactive tax legislations, similar to Cisco's U.S. federal R&D tax credit concerning fiscal 12 months 2006 R&D charges. Cisco's administration also uses the foregoing non-GAAP measures, in addition to the corresponding GAAP measures, in reviewing the monetary outcomes of Cisco.
For additional information on the objects excluded through Cisco from one or more of its non-GAAP economic measures we refer you to the kind 8-ok concerning this unlock furnished these days with the Securities and alternate commission.
Copyright ¬© 2007 Cisco methods, Inc. All rights reserved. Cisco, the Cisco emblem, Cisco systems and iPhone are registered trademarks or emblems of Cisco systems, Inc. and/or its affiliates within the united states and likely different international locations. All other emblems mentioned during this doc are the property of their respective house owners. the use of the observe partner doesn't indicate a partnership relationship between Cisco and any other enterprise. This doc is Cisco Public information.
Cisco systems, Inc.
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands and thousands, except per-share amounts)(Unaudited)Three Months Ended Six Months Ended January 27, 2007 January 28, 2006 January 27, 2007 January 28, 2006 web sales: Product $ 7,099 $ 5,537 $ 14,039 $ eleven,028 service 1,340 1,091 2,584 2,150 total net income 8,439 6,628 16,623 13,178 can charge OF earnings: Product 2,544 1,774 5,043 three,525 service 507 388 959 777 total charge of earnings three,051 2,162 6,002 four,302 GROSS MARGIN 5,388 four,466 10,621 8,876 operating fees: research and development1,094 966 2,177 1,962 earnings and marketing 1,726 1,431 three,412 2,884 regular and administrative 340 282 704 560 Amortization of bought intangible assets ninety six 56 201 115 In-technique research and advancement2 - 6 2 complete operating expensesthree,258 2,735 6,500 5,523 operating profits 2,a hundred thirty 1,731 4,121 3,353 interest income, web172 168 329 322 different salary, net33 17 61 - hobby and different revenue, net205 185 390 322 income earlier than PROVISION FOR earnings TAXES 2,335 1,916 four,511 3,675 Provision for earnings taxes 414 541 982 1,039 net income $ 1,921 $ 1,375 $ 3,529 $ 2,636 web profits per share: basic $ 0.32 $ 0.22 $ 0.fifty eight $ 0.43 Diluted $ 0.31 $ 0.22 $ 0.56 $ 0.42 Shares used in per-share calculation: simple 6,057 6,146 6,060 6,195 Diluted 6,291 6,248 6,255 6,301
RECONCILIATION OF GAAP TO NON-GAAP net salary
(In millions, except per-share amounts)Three Months Ended Six Months Ended January 27, 2007 January 28, 2006 January 27, 2007 January 28, 2006 GAAP net profits $ 1,921 $ 1,375 $ three,529 $ 2,636
worker share-primarily based compensation fee247 261 472 578
Payroll tax on inventory alternative workout routines11 three 17 5
Compensation fee regarding acquisitions and investments27 30 48 70
In-manner research and development2 - 6 2
Amortization of bought intangible assets132 56 273 a hundred and fifteen total alterations to GAAP salary before provision for earnings taxes 419 350 816 770
income tax impact (1)(189) (ninety three) (290) (205)
effect of retroactive tax legislations (2)(60) - (60) -
complete adjustments to GAAP provision for revenue taxes (3)(249) (ninety three) (350) (205) Non-GAAP net salary $ 2,091 $ 1,632 $ 3,995 $ 3,201 Diluted net revenue per share: GAAP $ 0.31 $ 0.22 $ 0.fifty six $ 0.42 Non-GAAP $ 0.33 $ 0.26 $ 0.sixty four $ 0.fifty one Shares used in diluted web profits per share calculation: GAAP 6,291 6,248 6,255 6,301 Non-GAAP 6,281 6,233 6,243 6,286
(1) The earnings tax impact for the adjustments regarding GAAP revenue earlier than provision for revenue taxes became 35.5% for the first six months of fiscal 2007. The income tax impact has been decided the usage of the applicable tax prices in jurisdictions to which these changes relate and contains share-primarily based compensation tax advantages on account of the reinstatement of the U.S. federal R&D tax credit in the second quarter of fiscal 2007 (see observe 2 under).
(2) in the 2d quarter of fiscal 2007, the Tax reduction and fitness Care Act of 2006 reinstated the U.S. federal R&D tax credit score, retroactive to January 1, 2006. GAAP web earnings for the 2nd quarter and the primary six months of fiscal 2007 blanketed a $one hundred twenty million tax improvement concerning the reinstatement of the U.S. federal R&D tax credit score, including $60 million involving fiscal 2006 R&D costs and $30 million related to the first quarter of fiscal 2007 R&D prices. Non-GAAP web earnings for the 2nd quarter and the first six months of fiscal 2007 excluded the $60 million tax advantage involving fiscal 2006 R&D fees.
(three) The valuable tax expense used in GAAP web earnings turned into 21.eight% for the primary six months of fiscal 2007, which comprises a $60 million or 1.3% tax improvement from the reinstatement of the U.S. federal R&D credit related to fiscal 2006 R&D prices. The beneficial tax expense used in non-GAAP internet earnings became 25.0% for the first six months of fiscal 2007, which excludes the $60 million tax benefit from the reinstatement of the U.S. federal R&D credit regarding fiscal 2006 R&D expenses.
further reconciliations between GAAP and non-GAAP fiscal measures are provided within the tables that observe on page 10.
Cisco methods, Inc.CONSOLIDATED stability SHEETS
(In thousands and thousands)(Unaudited)$ 43,315 January 27, 2007 July 29, 2006 belongings present assets: cash and money equivalents $ 2,434 $ 3,297 Investments 18,247 14,517 bills receivable, web of allowance for dubious accounts of $169 at January 27, 2007 and $175 at July 29, 2006. 2,908 three,303 Inventories 1,642 1,371 Deferred tax property 1,673 1,604 prepaid prices and different existing belongings 1,612 1,584 complete present property 28,516 25,676 Property and gadget, web3,539 three,440 Goodwill 9,318 9,227 purchased intangible assets, internet1,960 2,161 different property 2,921 2,811 total belongings $ forty six,254 LIABILITIES AND SHAREHOLDERS' equity present liabilities: bills payable $ 931 $ 880 salary taxes payable 1,330 1,744 accumulated reimbursement1,589 1,516 Deferred earnings four,718 4,408 different collected liabilities 2,923 2,765 total latest liabilities 11,491 11,313 lengthy-time period debt 6,416 6,332 Deferred lengthy-time period profits 1,343 1,241 other lengthy-time period liabilities 414 511 complete liabilities 19,664 19,397 Minority interest8 6 Shareholders' fairness 26,582 23,912 total LIABILITIES AND SHAREHOLDERS' equity $ forty six,254 $ 43,315
Cisco systems, Inc.CONSOLIDATED STATEMENTS OF money FLOWS
(In millions)(Unaudited)Six Months Ended January 27, 2007 January 28, 2006 money flows from working actions: internet earnings $ three,529 $ 2,636 adjustments to reconcile web salary to net cash offered by operating actions: Depreciation and amortization 690 512 worker share-based mostly compensation fee 472 578 Share-primarily based compensation rate regarding acquisitions and investments 19 52 Provision for doubtful accounts - 10 Provision for stock 116 70 Deferred earnings taxes (sixty six) 1 excess tax advantages from share-based compensation (428) (125) In-manner research and development6 2 net good points and impairment fees on investments (99) (21) exchange in working belongings and liabilities, internet of outcomes of acquisitions: accounts receivable 395 (329) Inventories (387) (a hundred and fifteen) pay as you go expenses and other latest assets (39) (forty seven) hire receivables, web (66) (60) debts payable 51 (fifty one) revenue taxes payable 104 sixty three accrued repayment73 (97) Deferred earnings 412 fifty nine different liabilities 147 129 web cash provided by using operating activities 4,929 three,267 cash flows from investing activities: Purchases of investments (11,184) (10,467) Proceeds from revenue and maturities of investments 7,762 11,886 Acquisition of property and machine (548) (394) Acquisition of groups, internet of cash and money equivalents received (166) (one hundred fifty) trade in investments in privately held organizations (76) (90) purchase of minority activity of Cisco methods, okay.okay. (Japan) - (25) different (27) (eighty four) net cash (used in) provided by investing activities (four,239) 676 money flows from financing activities: Issuance of normal stock2,779 563 Repurchase of general stock (4,781) (4,248) excess tax benefits from share-based mostly reimbursement428 125 other 21 26 net money utilized in financing actions (1,553) (3,534) web (decrease) raise in cash and cash equivalents (863) 409 cash and money equivalents, starting of period three,297 four,742 cash and cash equivalents, end of period $ 2,434 $ 5,151
Cisco systems, Inc.additional financial tips
(In thousands and thousands)(Unaudited)January 27, 2007 July 29,2006 money AND money EQUIVALENTS AND INVESTMENTS money and cash equivalents $ 2,434 $ 3,297 fixed income securities 17,194 13,805 Publicly traded equity securities 1,053 712 complete $ 20,681 $ 17,814 INVENTORIES uncooked substances $ 178 $ 131 Work in procedure 440 377 comprehensive goods:
Distributor inventory and deferred cost of earnings456 423
Manufacturing accomplished items339 236 complete entire items 795 659 provider-linked spares 193 170 Demonstration systems 36 34 total $ 1,642 $ 1,371 PROPERTY AND device, net Land, constructions, and leasehold improvements $ three,736 $ 3,647 desktop gadget and linked software 1,446 1,352 production, engineering, and different equipment3,995 3,678 operating lease property 158 153 furnishings and furnishings370 363 9,705 9,193 much less amassed depreciation and amortization (6,166) (5,753) complete $ 3,539 $ 3,440 rent RECEIVABLES, web (1) existing $ 359 $ 308 Noncurrent 479 464 total $ 838 $ 772 other belongings Deferred tax property $ 972 $ 983 Investments in privately held agencies 636 574 earnings tax receivable 277 279 rent receivables, internet479 464 different 557 511 total $ 2,921 $ 2,811 DEFERRED salary provider $ 4,229 $ 4,088 Product
Unrecognized salary on product shipments and other deferred earnings1,380 1,156
money receipts involving unrecognized salary from two-tier distributors452 405 complete product deferred profits 1,832 1,561 complete $ 6,061 $ 5,649 reported as: present $ four,718 $ 4,408 Noncurrent 1,343 1,241 total $ 6,061 $ 5,649 (1) The latest component of hire receivables, net, is recorded in pay as you go prices and different existing belongings, and the noncurrent component is recorded in different belongings within the Consolidated stability Sheets.
abstract OF worker SHARE-based COMPENSATION price
(in thousands and thousands)Three Months Ended Six Months Ended January 27, 2007 January 28, 2006 January 27, 2007 January 28, 2006 charge of earnings - product $ 12 $ 11 $ 23 $ 30 cost of income - provider 30 28 54 62 employee share-primarily based compensation expense blanketed in can charge of income 42 39 seventy seven 92 analysis and advancement74 ninety 148 193 revenue and advertising ninety nine 106 193 233 ordinary and administrative 32 26 54 60 employee share-based mostly compensation fee included in working bills205 222 395 486 complete worker share-primarily based compensation expense 247 261 472 578 Tax improvement (a hundred and five) (seventy three) (163) (162) employee share-primarily based compensation fee, net of tax $ 142 $ 188 $ 309 $ 416
RECONCILIATION OF SHARES USED in the GAAP AND NON-GAAP DILUTED net earnings PER SHARE CALCULATION
(In hundreds of thousands)Three Months Ended Six Months Ended January 27, 2007 January 28, 2006 January 27, 2007 January 28, 2006 Shares used in diluted net income per share calculation - GAAP 6,291 6,248 6,255 6,301 effect of SFAS 123(R) (10) (15) (12) (15) Shares utilized in diluted net revenue per share calculation - Non-GAAP 6,281 6,233 6,243 6,286
RECONCILIATION OF GAAP TO NON-GAAP charge OF revenue used in stock TURNS
(In thousands and thousands)Three Months Ended January 27, 2007 October 28, 2006 July 29, 2006 GAAP charge of revenue $ three,051 $ 2,951 $ 2,839 employee share-primarily based compensation price (forty two) (35) (31) influence to cost of income from purchase accounting changes to inventory - - (4) Amortization of purchased intangible assets (36) (36) (36) Non-GAAP can charge of earnings $ 2,973 $ 2,880 $ 2,768
Article ranking:September 29, 2009 08:00 AM EDT
WARSAW, POLAND -- (Marketwire) -- 09/29/09 -- Cisco (NASDAQ: CSCO) nowadays introduced that AmRest maintaining SE has deployed an conclusion-to-conclusion safety answer in accordance with Cisco IronPort(TM) technology. Cisco IronPort electronic mail and internet protection appliances aid protect AmRest group's network during seven relevant and japanese European (CEE) nations. AmRest maintaining operates several generic restaurant chains within the CEE region, together with Starbucks, Pizza Hut, KFC, Burger King, Freshpoint and Rodeo power.
Highlights / Key information:
"As an international company, we are exceptionally exposed to receiving huge quantities of junk mail. on account that the implementation of the Cisco IronPort safety answer, we now have skilled a big performance growth. Cisco classifies mail very precisely and most effective grants gadgets that have been scanned for compliance and viruses. With the Cisco IronPort home equipment, we are able to correctly take care of ourselves in opposition t threats and unauthorized net web page access."
"IronPort is a leading enterprise of network security appliances and options. Our option of the know-how was decided through such elements as productivity, quality of scanning network site visitors, and ease of integration with the existing AmRest IT atmosphere."
"The implementation of such a huge-scale centralized device is a complex process that requires options with first-rate protection capabilities. With the abilities of AmRest's IT personnel and the unique working flexibility of Solidex, it changed into viable to advance a customized, particularly scalable architecture effectively, without the use of exterior load balancers, and through relying fully on the advanced performance of Cisco Catalyst 6500 switches. The combination of Cisco security and switching technologies offers full optimization of traffic routing and hardware load balancing, leading to an excellent return on funding for the consumer."
"agencies increasingly have in mind the evolution and proliferation of IT threats and wish to comfy their IT infrastructures. In case of most security breaches, the culprits are email and the web, which -- ironically -- are usually in line with unsecured protocols. this is as a result of the ubiquity of these services and the requirement to be sure their unrestricted operation. For that motive, the use of Cisco IronPort C-collection and S-collection home equipment, which deliver dedicated email and web safety, made it viable to secure these critical communications channels, often overlooked in protection guidelines."
Tags, keyword phrases: Cisco, IronPort, community safety, e mail protection, internet safety
RSS Feed for Cisco: http://newsroom.cisco.com/dlls/rss.html
AmRest Holdings SE (AmRest, WSE: consume) is the largest independent restaurant operator in vital and eastern Europe. due to the fact 1993 it has been constructing a portfolio of neatly identified manufacturers such as KFC, Pizza Hut, Burger King, Starbucks and Applebee's (US) in accordance with solid franchise and joint venture partnerships. nowadays, AmRest operates 333 eating places: Pizza Hut and Rodeo power (casual eating) and KFC, Burger King, Starbucks, and freshpoint (short carrier Restaurant) in Poland, Czech Republic, Bulgaria, Serbia, Russia and Hungary. AmRest additionally operates 104 Applebee's restaurants within the u . s . a ..
based in 1990 and working utterly with Polish capital, the business has specialised in designing, developing and maintaining network methods to any scale and complexity, to be used in any sector of the economic system. SOLIDEX owes its present position among the leaders of Polish gadget integrators to its powerful specialisation in line with invariably applied state-of-the-paintings technologies of the world's leading manufacturers reminiscent of Cisco techniques, solar Microsystems, check element, Hitachi. SOLIDEX gives complete provider and technical assist for IT methods right through the country. The carrier is purchasable 24 hours a day, 365 days in the yr. Headquartered in Krak√≥w, the company has its branches in Warsaw, Gdansk and Poznan and has currently opened its carrier gadgets in Olsztyn, Lublin, Wroclaw, Szczecin and Torun. SOLIDEX offers its services to practically one thousand clients during Poland representing all sectors. Its valued clientele encompass Poland's greatest banks, almost all telecommunications operators, giant industrial chains, universities and schools, and a lot of state administration businesses. For more counsel, seek advice from: www.SOLIDEX.com.pl
About Cisco systems
Cisco (NASDAQ: CSCO) is the worldwide chief in networking that transforms how individuals connect, communicate and collaborate. tips about Cisco will also be found at http://www.cisco.com. For ongoing information, please go to http://newsroom.cisco.com. Cisco equipment in Europe is presented with the aid of Cisco methods overseas BV, a unconditionally owned subsidiary of Cisco programs, Inc.
Cisco, the Cisco emblem, Cisco programs, Cisco IronPort, Catalyst and IronPort are registered logos or logos of Cisco programs, Inc. and/or its affiliates within the united states and sure other countries. All other emblems mentioned in this document are the property of their respective owners. the use of the word companion doesn't imply a partnership relationship between Cisco and another business. This doc is Cisco Public assistance.
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Experts say employee errors and a lack of basic awareness of security is not uncommon among enterprise end users, who, according to a recent data leakage audit of a Boston-based health care firm, can make costly mistakes far too often.
Often employees think someone at a higher level is taking care of their data security when in fact the employees are really a major part of the security processes.
Robert Cheyne,founder and CEO SafeLight Security Advisors
¬†Robert Cheyne, founder and CEO of SafeLight Security Advisors, a Providence, R.I.-based security training company, said end users are rarely engaged enough by enterprises to care about safeguarding company data.
"Often employees think someone at a higher level is taking care of their data security when in fact the employees are really a major part of the security processes," he said.
That problem was highlighted at a Boston-based health care firm, who underwent a two-week evaluation of its systems to find any potential violations of the Health Insurance Portability and Accountability Act (HIPAA) or other infringements of the Massachusetts privacy regulations (201 CMR 17). The firm who conducted the audit, Hudson, Mass.-based data security consultancy Networks Unlimited Inc., allowed a SearchSecurity.com reporter to attend the unveiling of the audit results last month on the promise that the health care firm and its executives would be kept anonymous.
Jason Spinosa, a senior security engineer at Networks Unlimited, said that some of the HIPAA violations they discovered showed that employees lacked sufficient training on security and privacy. In one instance, an employee sent via email their own personal data, including bank account information and Social Security numbers, to a mortgage broker. In another event, the software detected an employee who emailed their credit card details to a family member's AOL address. When the family member questioned the security of the message, the employee responded, "it's a good thing we're in health care; it's secure due to HIPAA."
"While on the surface this doesn't affect the company, the lapse in judgment shows that employees don't even know how to secure their own information, let alone the company's data," Spinosa said. "It also illustrates a problem where employees may be assuming that protections are in place when they aren't."
Since the unveiling of the audit, which detected unencrypted email messages containing patient information -- including Social Security numbers, insurance information, sensitive medical conditions and other personally identifiable information -- executives at the health care firm say they have taken steps to correct the problems.
The health care firm is rolling out Cisco Systems' IronPort email security appliances to identify sensitive information and automatically encrypt email messages. The firm's IT director said the company will start a security training program. In addition to the IT director, the health care firm has a compliance officer in place, but lacks a CISO or other dedicated security professional, a crucial component to a successful security education program, Cheyne said. A person with such authority would help ensure an education program is taken seriously and doesn't end up falling by the wayside, he said.
"It's got to be driven and sustained at a very high level or it's just not going to work," Cheyne said. "The person best suited to lead a sustained effort is typically a person in the organization with strong leadership skills."
User training helps those who want to be helped.
Winn Schwartau,founderTrusted Learning Corp.
¬†Security industry luminary Winn Schwartau, who founded and headed the Trusted Learning Corp. in 2003, said no security program is 100% effective. The aim of any program is to instill that security is extremely important to the organization and that employees play an important role in protecting data.
"User training helps those who want to be helped," Schwartau said. "Good security awareness programs that have been used in enterprises have been ineffective against good, well orchestrated social engineering attacks against specific organizations; nonetheless, I'm still a believer in it."
Schwartau said that ultimately the industry needs to provide security solutions that have implicit security models built into them, removing the responsibility from individuals, so they can do what they want to do while the necessary security happens behind the scenes.
In the case of the health care firm who was audited by Networks Unlimited, Spinosa said, they have a lot of training to do. Over the two-week monitoring period, the Websense Inc. data leakage prevention (DLP) software detected about 275 violations. Nearly all the errors came from email or Web-based traffic -- employees intentionally emailing sensitive patient data, believing the information was protected. There were more than 230 HIPAA violations, including more than 70 instances of Social Security number violations and nearly a dozen violations of the Payment Card Industry Data Security Standards (PCI DSS).
The traffic analysis also indicated that some employees were using non-company email systems for company communications. In addition, the assessment found serious problems with the health care organization's public website, which currently allows patients to submit their personal information via an unencrypted Web form.
"If the company thinks it can allow patients to submit their data without having encryption in place, what kind of message does this send to their employees?" Spinosa asked.
The unveiling of the data leakage assessment was met with some surprise by the health care firm's upper management. The company's compliance officer said that employees have been told that their email isn't secure and have been given implicit instructions to not send health care information over the Internet without using encryption. Employees are supposed to use the firm's system to encrypt sensitive messages to medical transcriptionists and doctors, but in some cases, employees balked at using it. Up until now, the health care firm has been distributing security awareness information via a monthly email newsletter.
But using a company newsletter to distribute security do's and don'ts is not very effective, Cheyne said. Employees don't want a Ten Commandments list. An important part of the education is explaining why security matters, he said.
"I've seen companies start from scratch and it takes 1 to 3 years of ongoing training before the security conscience is raised to an effective level," Cheyne said.
Marcus Ranum, chief security officer of Columbia, Md.-based Tenable Network Security, who wrote that educating users is one of the "six dumbest ideas in computer security," admits that organizations like this health care firm have to do some basic security awareness training. Enterprises need to come down hard on security policy violators, making them an example for the rest of the workforce, he said.
"We're always bringing new people into the high-tech workforce and people are creating high-tech security problems as fast as they can, so ultimately, [awareness training] is not going to be very effective," Ranum said.
Like Schwartau, Ranum said data leakage is more a failure of technology than of employee lack of awareness. New systems need to be built with security in mind so employees don't have to think about being secure. Employees that leak their own personal information are careless and could be a detriment to a company's entire business, Ranum said.
"The one thing I have observed is that stupid tends to cluster together," Ranum said. "If someone is doing something dumb with their own data, they're probably doing something dumb with your data."
HERNDON, Va., Oct. 1, 2009 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) announced today that its wholly owned subsidiary, ePlus Technology inc., has been selected by the Massachusetts Higher Education Consortium (MHEC) to provide information technology products and services under a new contract, MC10-F05. ePlus is part of a select group of resellers under this contract to provision products to MHEC members, which represent 89 member schools throughout New England higher education as well as public television, libraries, private secondary institutions, and autonomous state agencies. The agreement began in September 2009 and runs through June 2011.
The MHEC contract covers numerous product lines from various manufacturers, including Barracuda, Belkin, Cisco, Dell, EMC, HP, IronPort, Logitech, Quantum, Sophos, and Targus. ePlus is authorized to provide a variety of computer equipment and supplies under the contract to MHEC members, including storage, networking, security devices, IP telephony, telecommunications, peripherals and accessories, and maintenance.
"We're pleased with the receipt of this new MHEC contract, which will allow ePlus to further extend our reach into this market sector in New England," said Steve Low, senior client executive for ePlus Technology's Northeast Government and Education Sales. "We look forward to bringing our experience and resources, particularly in the areas of data center, unified computing, and LAN/WAN technologies, to help MHEC members stay on the leading edge of technology and build a cost-effective end-to-end IT infrastructure."
ePlus is a leading systems integrator for the public sector and holds multiple educational and government contracts throughout the United States, including California, Connecticut, Maine, Maryland, Massachusetts, New Hampshire, North Carolina, New Jersey, Pennsylvania, Rhode Island, South Carolina, Texas, and Virginia. ePlus serves the technology needs of schools and government agencies through a combination of seasoned expertise and focused customer service related to hardware, software, peripherals, telecommunications, networking, maintenance, integration, leasing, asset disposition, support services, and more.
About ePlus inc.
ePlus is a leading provider of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering world-class IT products from top manufacturers, professional services, flexible lease financing, proprietary software, and patented business methods. Founded in 1990, ePlus has more than 625 associates in 20+ locations serving federal, municipal, and commercial customers. The Company is headquartered in Herndon, VA. For more information, visit http://www.eplus.com, call 888-482-1122, or email firstname.lastname@example.org.
ePlus(R) and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. The names of other companies and products mentioned herein may be the trademarks of their respective owners.
Statements in this press release that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, possible adverse effects resulting from the recent financial crisis in the credit markets and general slowdown of the U.S. economy such as our current and potential customers delaying or reducing technology purchases, increasing credit risk associated with our customers and vendors, reduction of vendor incentive programs, the possibility of additional goodwill impairment charges, and restrictions on our access to capital necessary to fund our operations; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to hire and retain sufficient personnel; our ability to protect our intellectual property; our ability to consummate and integrate acquisitions; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to reserve adequately for credit losses; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission. All information set forth in this press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information.ePlus inc. Kleyton Parkhurst, SVP 703-984-8150 email@example.com
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