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Despite the wide selection of vendor-specific information technology security certifications, identifying which...
ones best suit your educational or career needs is fairly straightforward.
This guide to vendor-specific IT security certifications includes an alphabetized table of security certification programs from various vendors, a brief description of each certification and recommendation for further details.
Introduction: Choosing vendor-specific information technology security certifications
The process of choosing the prerogative vendor-specific information technology security certifications is much simpler than choosing vendor-neutral ones. In the vendor-neutral landscape, you must evaluate the pros and cons of various programs to select the best option. On the vendor-specific side, it's only necessary to ensue these three steps:
Inventory your organization's security infrastructure and identify which vendors' products or services are present.
Check this guide (or vendor websites, for products not covered here) to determine whether a certification applies to the products or services in your organization.
Decide if spending the time and money to obtain such credentials (or to fund them for your employees) is worth the resulting benefits.
In an environment where qualified IT security professionals can elect from numerous job openings, the benefits of individual training and certifications can be arduous to appraise.
Many employers pay certification costs to develop and retain their employees, as well as to boost the organization's in-house expertise. Most descry this as a win-win for employers and employees alike, though employers often require complete or partial reimbursement for the related costs incurred if employees leave their jobs sooner than some specified payback term after certification.
There possess been quite a few changes since the final survey update in 2015. The Basic category saw a substantial jump in the number of available IT security certifications due to the addition of several Brainbench certifications, in addition to the Cisco Certified Network Associate (CCNA) Cyber Ops certification, the Fortinet Network Security Expert Program and unusual IBM certifications.
Certifications from AccessData, Check Point, IBM and Oracle were added to the Intermediate category, increasing the total number of certifications in that category, as well. However, the number of certifications in the Advanced category decreased, due to several IBM certifications being retired.
Basic information technology security certifications
Brainbench basic security certificationsBrainbench offers several basic-level information technology security certifications, each requiring the candidate to pass one exam. Brainbench security-related certifications include:
Backup Exec 11d (Symantec)
Check Point FireWall-1 Administration
Check Point Firewall-1 NG Administration
NetBackup 6.5 (Symantec)
Source: Brainbench Information Security Administrator certifications
CCNA Cyber OpsPrerequisites: no allotment required; training is recommended.
This associate-level certification prepares cybersecurity professionals for labor as cybersecurity analysts responding to security incidents as allotment of a security operations hub team in a great organization.
The CCNA Cyber Ops certification requires candidates to pass two written exams.
Source: Cisco Systems CCNA Cyber Ops
CCNA SecurityPrerequisites: A convincing Cisco CCNA Routing and Switching, Cisco Certified Entry Networking Technician or Cisco Certified Internetwork Expert (CCIE) certification.
This credential validates that associate-level professionals are able to install, troubleshoot and monitor Cisco-routed and switched network devices for the purpose of protecting both the devices and networked data.
A person with a CCNA Security certification can be expected to understand core security concepts, endpoint security, web and email content security, the management of secure access, and more. He should furthermore be able to demonstrate skills for pile a security infrastructure, identifying threats and vulnerabilities to networks, and mitigating security threats. CCNA credential holders furthermore possess the technical skills and expertise necessary to manage protection mechanisms such as firewalls and intrusion prevention systems, network access, endpoint security solutions, and web and email security.
The successful completion of one exam is required to obtain this credential.
Source: Cisco Systems CCNA Security
Check Point Certified Security Administrator (CCSA) R80Prerequisites: Basic lore of networking; CCSA training and six months to one year of sustain with Check Point products are recommended.
Check Point's foundation-level credential prepares individuals to install, configure and manage Check Point security system products and technologies, such as security gateways, firewalls and virtual private networks (VPNs). Credential holders furthermore possess the skills necessary to secure network and internet communications, upgrade products, troubleshoot network connections, configure security policies, protect email and message content, guard networks from intrusions and other threats, anatomize attacks, manage user access in a corporate LAN environment, and configure tunnels for remote access to corporate resources.
Candidates must pass a solitary exam to obtain this credential.
Source: Check Point CCSA Certification
IBM Certified Associate -- Endpoint Manager V9.0Prerequisites: IBM suggests that candidates be highly close with the IBM Endpoint Manager V9.0 console. They should possess sustain taking actions; activating analyses; and using Fixlets, tasks and baselines in the environment. They should furthermore understand patching, component services, client log files and troubleshooting within IBM Endpoint Manager.
This credential recognizes professionals who expend IBM Endpoint Manager V9.0 daily. Candidates for this certification should know the key concepts of Endpoint Manager, be able to relate the system's components and be able to expend the console to effect routine tasks.
Successful completion of one exam is required.
Editor's note: IBM is retiring this certification as of May 31, 2017; there will be a follow-on test available as of April 2017 for IBM BigFix Compliance V9.5 Fundamental Administration, Test C2150-627.
Source: IBM Certified Associate -- Endpoint Manager V9.0
IBM Certified Associate -- Security Trusteer Fraud ProtectionPrerequisites: IBM recommends that candidates possess sustain with network data communications, network security, and the Windows and Mac operating systems.
This credential pertains mainly to sales engineers who back the Trusteer Fraud product portfolio for web fraud management, and who can implement a Trusteer Fraud solution. Candidates must understand Trusteer product functionality, know how to deploy the product, and be able to troubleshoot the product and anatomize the results.
To obtain this certification, candidates must pass one exam.
Source: IBM Certified Associate -- Security Trusteer Fraud Protection
McAfee Product SpecialistPrerequisites: no allotment required; completion of an associated training course is highly recommended.
McAfee information technology security certification holders possess the lore and technical skills necessary to install, configure, manage and troubleshoot specific McAfee products, or, in some cases, a suite of products.
Candidates should possess one to three years of direct sustain with one of the specific product areas.
The current products targeted by this credential include:
McAfee Advanced Threat Defense products
McAfee ePolicy Orchestrator and VirusScan products
McAfee Network Security Platform
McAfee Host Intrusion Prevention
McAfee Data Loss Prevention Endpoint products
McAfee Security Information and Event Management products
All credentials require passing one exam.
Source: McAfee Certification Program
Microsoft Technology Associate (MTA)Prerequisites: None; training recommended.
This credential started as an academic-only credential for students, but Microsoft made it available to the universal public in 2012.
There are 10 different MTA credentials across three tracks (IT Infrastructure with five certs, Database with one and development with four). The IT Infrastructure track includes a Security Fundamentals credential, and some of the other credentials embrace security components or topic areas.
To earn each MTA certification, candidates must pass the corresponding exam.
Source: Microsoft MTA Certifications
Fortinet Network Security Expert (NSE)Prerequisites: Vary by credential.
The Fortinet NSE program has eight levels, each of which corresponds to a divorce network security credential within the program. The credentials are:
NSE 1 -- Understand network security concepts.
NSE 2 -- Sell Fortinet gateway solutions.
NSE 3 (Associate) -- Sell Fortinet advanced security solutions.
NSE 4 (Professional) -- Configure and maintain FortiGate Unified Threat Management products.
NSE 5 (Analyst) -- Implement network security management and analytics.
NSE 6 (Specialist) – Understand advanced security technologies beyond the firewall.
NSE 7 (Troubleshooter) -- Troubleshoot internet security issues.
NSE 8 (Expert) -- Design, configure, install and troubleshoot a network security solution in a live environment.
NSE 1 is open to anyone, but is not required. The NSE 2 and NSE 3 information technology security certifications are available only to Fortinet employees and partners. Candidates for NSE 4 through NSE 8 should entangle the exams through Pearson VUE.
Source: Fortinet NSE
Symantec Certified Specialist (SCS)This security certification program focuses on data protection, elevated availability and security skills involving Symantec products.
To become an SCS, candidates must select an area of focus and pass an exam. complete the exams cover core elements, such as installation, configuration, product administration, day-to-day operation and troubleshooting for the selected focus area.
As of this writing, the following exams are available:
Exam 250-215: Administration of Symantec Messaging Gateway 10.5
Exam 250-410: Administration of Symantec Control Compliance Suite 11.x
Exam 250-420: Administration of Symantec VIP
Exam 250-423: Administration of Symantec IT Management Suite 8.0
Exam 250-424: Administration of Data Loss Prevention 14.5
Exam 250-425: Administration of Symantec Cyber Security Services
Exam 250-426: Administration of Symantec Data hub Security -- Server Advanced 6.7
Exam 250-427: Administration of Symantec Advanced Threat Protection 2.0.2
Exam 250-428: Administration of Symantec Endpoint Protection 14
Exam 250-513: Administration of Symantec Data Loss Prevention 12
Source: Symantec Certification
Intermediate information technology security certifications
AccessData Certified Examiner (ACE)Prerequisites: no allotment required; the AccessData BootCamp and Advanced Forensic Toolkit (FTK) courses are recommended.
This credential recognizes a professional's proficiency using AccessData's FTK, FTK Imager, Registry Viewer and Password Recovery Toolkit. However, candidates for the certification must furthermore possess qualify digital forensic lore and be able to interpret results gathered from AccessData tools.
To obtain this certification, candidates must pass one online exam (which is free). Although a boot camp and advanced courses are available for a fee, AccessData provides a set of free exam preparation videos to attend candidates who prefer to self-study.
The certification is convincing for two years, after which credential holders must entangle the current exam to maintain their certification.
Source: Syntricate ACE Training
Cisco Certified Network Professional (CCNP) Security Prerequisites: CCNA Security or any CCIE certification.
This Cisco credential recognizes professionals who are answerable for router, switch, networking device and appliance security. Candidates must furthermore know how to select, deploy, back and troubleshoot firewalls, VPNs and intrusion detection system/intrusion prevention system products in a networking environment.
Successful completion of four exams is required.
Source: Cisco Systems CCNP Security
Check Point Certified Security Expert (CCSE)Prerequisite: CCSA certification R70 or later.
This is an intermediate-level credential for security professionals seeking to demonstrate skills at maximizing the performance of security networks.
A CCSE demonstrates a lore of strategies and advanced troubleshooting for Check Point's GAiA operating system, including installing and managing VPN implementations, advanced user management and firewall concepts, policies, and backing up and migrating security gateway and management servers, among other tasks. The CCSE focuses on Check Point's VPN, Security Gateway and Management Server systems.
To acquire this credential, candidates must pass one exam.
Source: Check Point CCSE program
Cisco Cybersecurity SpecialistPrerequisites: no allotment required; CCNA Security certification and an understanding of TCP/IP are strongly recommended.
This Cisco credential targets IT security professionals who possess in-depth technical skills and lore in the realm of threat detection and mitigation. The certification focuses on areas such as event monitoring, event analysis (traffic, alarm, security events) and incident response.
One exam is required.
Source: Cisco Systems Cybersecurity Specialist
Certified SonicWall Security Administrator (CSSA)Prerequisites: no allotment required; training is recommended.
The CSSA exam covers basic administration of SonicWall appliances and the network and system security behind such appliances.
Classroom training is available, but not required to earn the CSSA. Candidates must pass one exam to become certified.
Source: SonicWall Certification programs
EnCase Certified Examiner (EnCE)Prerequisites: Candidates must attend 64 hours of authorized training or possess 12 months of computer forensic labor experience. Completion of a formal application process is furthermore required.
Aimed at both private- and public-sector computer forensic specialists, this certification permits individuals to become certified in the expend of Guidance Software's EnCase computer forensics tools and software.
Individuals can gain this certification by passing a two-phase exam: a computer-based component and a practical component.
Source: Guidance Software EnCE
EnCase Certified eDiscovery Practitioner (EnCEP)Prerequisites: Candidates must attend one of two authorized training courses and possess three months of sustain in eDiscovery collection, processing and project management. A formal application process is furthermore required.
Aimed at both private- and public-sector computer forensic specialists, this certification permits individuals to become certified in the expend of Guidance Software's EnCase eDiscovery software, and it recognizes their proficiency in eDiscovery planning, project management and best practices, from legal hold to file creation.
EnCEP-certified professionals possess the technical skills necessary to manage e-discovery, including the search, collection, preservation and processing of electronically stored information in accordance with the Federal Rules of Civil Procedure.
Individuals can gain this certification by passing a two-phase exam: a computer-based component and a scenario component.
Source: Guidance Software EnCEP Certification Program
IBM Certified Administrator -- Security Guardium V10.0Prerequisites: IBM recommends basic lore of operating systems and databases, hardware or virtual machines, networking and protocols, auditing and compliance, and information security guidelines.
IBM Security Guardium is a suite of protection and monitoring tools designed to protect databases and gigantic data sets. The IBM Certified Administrator -- Security Guardium credential is aimed at administrators who plan, install, configure and manage Guardium implementations. This may embrace monitoring the environment, including data; defining policy rules; and generating reports.
Successful completion of one exam is required.
Source: IBM Security Guardium Certification
IBM Certified Administrator -- Security QRadar Risk Manager V7.2.6Prerequisites: IBM recommends a working lore of IBM Security QRadar SIEM Administration and IBM Security QRadar Risk Manager, as well as universal lore of networking, risk management, system administration and network topology.
QRadar Risk Manager automates the risk management process in enterprises by monitoring network device configurations and compliance. The IBM Certified Administrator -- Security QRadar Risk Manager V7.2.6 credential certifies administrators who expend QRadar to manage security risks in their organization. Certification candidates must know how to review device configurations, manage devices, monitor policies, schedule tasks and generate reports.
Successful completion of one exam is required.
Source: IBM Security QRadar Risk Manager Certification
IBM Certified Analyst -- Security SiteProtector System V3.1.1Prerequisites: IBM recommends a basic lore of the IBM Security Network Intrusion Prevention System (GX) V4.6.2, IBM Security Network Protection (XGS) V5.3.1, Microsoft SQL Server, Windows Server operating system administration and network security.
The Security SiteProtector System enables organizations to centrally manage their network, server and endpoint security agents and appliances. The IBM Certified Analyst -- Security SiteProtector System V3.1.1 credential is designed to certify security analysts who expend the SiteProtector System to monitor and manage events, monitor system health, optimize SiteProtector and generate reports.
To obtain this certification, candidates must pass one exam.
Source: IBM Security SiteProtector Certification
Oracle Certified Expert, Oracle Solaris 10 Certified Security AdministratorPrerequisite: Oracle Certified Professional, Oracle Solaris 10 System Administrator.
This credential aims to certify experienced Solaris 10 administrators with security interest and experience. It's a midrange credential that focuses on universal security principles and features, installing systems securely, application and network security, principle of least privilege, cryptographic features, auditing, and zone security.
A solitary exam -- geared toward the Solaris 10 operating system or the OpenSolaris environment -- is required to obtain this credential.
Source: Oracle Solaris Certification
Oracle Mobile SecurityPrerequisites: Oracle recommends that candidates understand enterprise mobility, mobile application management and mobile device management; possess two years of sustain implementing Oracle Access Management Suite Plus 11g; and possess sustain in at least one other Oracle product family.
This credential recognizes professionals who create configuration designs and implement the Oracle Mobile Security Suite. Candidates must possess a working lore of Oracle Mobile Security Suite Access Server, Oracle Mobile Security Suite Administrative Console, Oracle Mobile Security Suite Notification Server, Oracle Mobile Security Suite Containerization and Oracle Mobile Security Suite Provisioning and Policies. They must furthermore know how to deploy the Oracle Mobile Security Suite.
Although the certification is designed for Oracle PartnerNetwork members, it is available to any candidate. Successful completion of one exam is required.
Source: Oracle Mobile Security Certification
RSA Archer Certified Administrator (CA)Prerequisites: no allotment required; Dell EMC highly recommends RSA training and two years of product sustain as preparation for the RSA certification exams.
Dell EMC offers this certification, which is designed for security professionals who manage, administer, maintain and troubleshoot the RSA Archer Governance, Risk and Compliance (GRC) platform.
Candidates must pass one exam, which focuses on integration and configuration management, security administration, and the data presentation and communication features of the RSA Archer GRC product.
Source: Dell EMC RSA Archer Certification
RSA SecurID Certified Administrator (RSA Authentication Manager 8.0)Prerequisites: no allotment required; Dell EMC highly recommends RSA training and two years of product sustain as preparation for the RSA certification exams.
Dell EMC offers this certification, which is designed for security professionals who manage, maintain and administer enterprise security systems based on RSA SecurID system products and RSA Authentication Manager 8.0.
RSA SecurID CAs can operate and maintain RSA SecurID components within the context of their operational systems and environments; troubleshoot security and implementation problems; and labor with updates, patches and fixes. They can furthermore effect administrative functions and populate and manage users, set up and expend software authenticators, and understand the configuration required for RSA Authentication Manager 8.0 system operations.
Source: Dell EMC RSA Authentication Manager Certification
RSA Security Analytics CAPrerequisites: no allotment required; Dell EMC highly recommends RSA training and two years of product sustain as preparation for the RSA certification exams.
This Dell EMC certification is aimed at security professionals who configure, manage, administer and troubleshoot the RSA Security Analytics product. lore of the product's features, as well the skill to expend the product to identify security concerns, are required.
Candidates must pass one exam, which focuses on RSA Security Analytics functions and capabilities, configuration, management, monitoring and troubleshooting.
Source: Dell EMC RSA Security Analytics
Advanced information technology security certifications
CCIE SecurityPrerequisites: no allotment required; three to five years of professional working sustain recommended.
Arguably one of the most coveted certifications around, the CCIE is in a league of its own. Having been around since 2002, the CCIE Security track is unrivaled for those interested in dealing with information security topics, tools and technologies in networks built using or around Cisco products and platforms.
The CCIE certifies that candidates possess expert technical skills and lore of security and VPN products; an understanding of Windows, Unix, Linux, network protocols and domain designation systems; an understanding of identity management; an in-depth understanding of Layer 2 and 3 network infrastructures; and the skill to configure end-to-end secure networks, as well as to effect troubleshooting and threat mitigation.
To achieve this certification, candidates must pass both a written and lab exam. The lab exam must be passed within 18 months of the successful completion of the written exam.
Source: Cisco Systems CCIE Security Certification
Check Point Certified Managed Security Expert (CCMSE)Prerequisites: CCSE certification R75 or later and 6 months to 1 year of sustain with Check Point products.
This advanced-level credential is aimed at those seeking to learn how to install, configure and troubleshoot Check Point's Multi-Domain Security Management with Virtual System Extension.
Professionals are expected to know how to migrate physical firewalls to a virtualized environment, install and manage an MDM environment, configure elevated availability, implement global policies and effect troubleshooting.
Source: Check Point CCMSE
Check Point Certified Security Master (CCSM)Prerequisites: CCSE R70 or later and sustain with Windows Server, Unix, TCP/IP, and networking and internet technologies.
The CCSM is the most advanced Check Point certification available. This credential is aimed at security professionals who implement, manage and troubleshoot Check Point security products. Candidates are expected to be experts in perimeter, internal, web and endpoint security systems.
To acquire this credential, candidates must pass a written exam.
Source: Check Point CCSM Certification
Certified SonicWall Security Professional (CCSP)Prerequisites: Attendance at an advanced administration training course.
Those who achieve this certification possess attained a elevated flush of mastery of SonicWall products. In addition, credential holders should be able to deploy, optimize and troubleshoot complete the associated product features.
Earning a CSSP requires taking an advanced administration course that focuses on either network security or secure mobile access, and passing the associated certification exam.
Source: SonicWall CSSP certification
IBM Certified Administrator -- Tivoli Monitoring V6.3Prerequisites: Security-related requirements embrace basic lore of SSL, data encryption and system user accounts.
Those who attain this certification are expected to be capable of planning, installing, configuring, upgrading and customizing workspaces, policies and more. In addition, credential holders should be able to troubleshoot, administer and maintain an IBM Tivoli Monitoring V6.3 environment.
Candidates must successfully pass one exam.
Source: IBM Tivoli Certified Administrator
Master Certified SonicWall Security Administrator (CSSA)The Master CSSA is an intermediate between the base-level CSSA credential (itself an intermediate certification) and the CSSP.
To qualify for Master CSSA, candidates must pass three (or more) CSSA exams, and then email email@example.com to request the designation. There are no other charges or requirements involved.
Source: SonicWall Master CSSA
Remember, when it comes to selecting vendor-specific information technology security certifications, your organization's existing or planned security product purchases should impose your options. If your security infrastructure includes products from vendors not mentioned here, be sure to check with them to determine if training or certifications on such products are available.
About the author:Ed Tittel is a 30-plus year IT veteran who's worked as a developer, networking consultant, technical trainer, writer and expert witness. Perhaps best known for creating the Exam Cram series, Ed has contributed to more than 100 books on many computing topics, including titles on information security, Windows OSes and HTML. Ed furthermore blogs regularly for TechTarget (Windows Enterprise Desktop), Tom's IT Pro and GoCertify.
Big Blue Marketing Trusteer's Wares Beyond fiscal Sector Fahmida Y. Rashid (ITsecuritytech) • August 16, 2013
With IBM planning to acquire Trusteer, a security software company specializing in anti-fraud products for fiscal services organizations, enterprises can hope to descry security technology that originally targeted fiscal institutions spread into the broader security market.
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"There is a lot of play for innovation to expand into the broader enterprise market" as organizations need to protect their web applications from attackers, says Avivah Litan, a distinguished analyst with market research arduous Gartner. "This doesn't possess to be just banking."
While Trusteer has focused on the banking industry with its desktop software and browser protection technology, the technology could be used for advanced malware detection, web application security and even defenses against distributed-denial-of-service attacks. IBM could expand into the advanced threats market, web application security and endpoint protection. "[Banking] was a clear-cut expend case that Trusteer went after, but the products could labor equally well in many other security and fraud markets," Litan says.
Trusteer, based in Israel, creates software that protects computers and mobile devices from malware, phishing and other web-based attacks used by banks and other fiscal services organizations. The company counts among its customers Bank of America, NatWest, HSBC, ING Direct USA (now allotment of Capital One), RBS, eBay and PayPal.
IBM announced its intent to acquire Trusteer on Aug. 15. While terms of the deal were not disclosed, Israeli media is reporting figures between $800 million and $1 billion. When the acquisition closes in the third quarter, Trusteer will become allotment of the IBM Security Systems division.
Latest Market Move
Large vendors often acquire smaller niche start-ups to enter unusual markets or to obtain emerging technologies that would enhance their existing offerings. In the past year, networking giant Cisco shelled out $2.7 billion for networking security company Sourcefire, and RSA, the security division of storage behemoth EMC, reportedly paid $350 million for web fraud detection company Silver Tail Systems earlier in the year. Cisco didn't need Sourcefire to gain government customers, but it became a major cybersecurity player because it could now proffer Sourcefire's anti-hacking technology to other customers. IBM could theoretically attain the very and proffer Trusteer's anti-fraud technology outside of banking and into other industries. Enterprises can furthermore hope to descry Trusteer's advanced malware detection capabilities pop up in products and services they already buy from IBM, such as in Tivoli Endpoint Manager or the InfoSphere Guardium database management tools.
The Trusteer deal will "significantly enhance IBM's capabilities around web fraud prevention, endpoint security and advanced malware defense," Brendan Hannigan, universal manager of IBM Security Systems, wrote on the Security Intelligence blog. More importantly, the acquisition of Trusteer confirms that companies are taking information security and fraud prevention more seriously and are willing to invest.
Enhancing Existing Security Portfolio
Angel Grant, a principal product manager at RSA, says organizations traditionally possess focused on preventing fraud and cyber-attacks, but increasingly are shifting their attention toward detection. Prior to being acquired by RSA, Silver Tail Systems furthermore focused on detecting web fraud for banks and related fiscal companies.
Fraud is no longer limited to the fiscal services sector, and organizations - regardless of which sector they are in - increasingly possess to deal with the challenges of protecting mobile device users. concede says they often peruse at the technologies used by fiscal services organizations to protect their networks.
The healthcare industry, with its HIPAA Omnibus Rule and other regulations, is mount to descry regulations demanding organizations entangle steps to combat breaches and fraud, similar to the kindhearted of regulations in location for the fiscal services industry, concede says.
Steve Robinson, IBM Security vice president of development, strategy and product management, says IBM will focus on "intelligent integration" points when assessing whether Trusteer's technology can enhance IBM's existing line of products. While details are not available because the acquisition has not yet been finalized, IBM offers plenty of products that could expend Trusteer's advanced malware detection technology and endpoint security. Robinson cites as an example IBM's Tivoli Endpoint Manager, which could be used to automate the sort of policies and rules that are delivered to the endpoint, or set up automated rules that are triggered when a vulnerability is detected in a web application. Organizations increasingly search attend to fight off botnets, zero-day attacks and detect web-based fraud.
"Organizations possess smaller security teams and are looking for technology that can labor smarter, or to automate responses by setting rules and policies," Robinson says. "Trusteer plays prerogative into complete of that."
John Zurawski, a vice president of marketing with identity management provider Authentify, says with this deal, "IBM is positioning themselves to possess efficacious tools for the growing war on cybercrime - on complete fronts, not just fiscal services." A man-in-the-middle beset is not just limited to bank accounts, as it can target other online accounts, payroll services, retirement funds and any other fiscal data stored on servers. "Everything is under attack," Zurawski says.
Business As habitual for Banks
Robinson says there will be no change in how Trusteer will operate, and customers will continue using Trusteer's services in the near-term. Trusteer's executive team has committed to sojourn on board, and while future deals may be completed under the IBM name, the security products the fiscal organizations dependence on will remain intact.
IBM furthermore announced the opening of a cybersecurity lab in Tel Aviv, Israel, to continue its security research and development efforts. The research will focus on mobile and application security, advanced persistent threats, malware, counter-fraud and fiscal crimes, which Robinson says would feed back into better detection methods. The lab will consolidate IBM's existing Israeli R&D team, Trusteer researchers and other security experts in the area from previous acquisitions, such as AppScan.
Intensifying cybersecurity R&D occurs as fraud rings and hackers groups increasingly organize and target fiscal institutions, payment possessors and retailers. As a result, enterprises try to strengthen their existing security and are investing in additional layers of protection, says Shirley Inscoe, an analyst with the Aite Group, a research arduous focused on the fiscal services industry. "We will continue to descry larger firms acquire these niche security or fraud prevention companies going forward," Inscoe says.
Managing uncertainty. Check it out:
(New Straits Times Via Thomson Dialog NewsEdge) THEY possess many outstanding statesman whom they revered. In my contour Six history lessons in the early 70s, one that fascinated me was Benjamin Disraeli, (British premier 1804-1881). One of his Famous statements was: "What they anticipate seldom occurs; what they least hope generally happens". This quote has a lot of relevance to the knack and soul of risk management because its fundamentals are not complete without the understanding of "uncertainty" or "unknown". Indeed, risk is complete about the uncertainty of risk occurring. If they know the risk will occur, they will not attain the deal or execute the operation.
The fact is that they attain not know, and only hope that it does not occur.
For this reason, they diligently apply complete the known ways of managing the uncertainty of risk occurring. Obviously, it is not facile to prevent the risk from occurring, especially if it is something beyond their control. But if it does occur, the negative impact would be minimised to that they could accept or live with. After all, they are not too concerned about the risk per se. Rather, their focus is on the impact of the risk that may be negative for us. If the impact is positive, or they gain from the risk, then of course that would be welcomed. WHAT CAUSES UNCERTAINTY? uncertainty crops up because of few factors that haunt their mindset, attitude or opinion. They include: * uncertainty due to poverty-stricken overall conclusion and wrong opinion: The feeling that the option or conclusion they entangle would be the wrong one; * uncertainty due to rationale or relationship: The rationale or relationship of the issue being studied might be seen from the wrong perspective where they may possess inadequate parameters; * uncertainty due to doubt in the analysis process: The model/guide-values for their evaluation of the issue may be immaterial or wrong; * uncertainty due to inadequate sampling: The statistics that they expend for the assessment of the matter matter might be insufficient, unrealistic, incomplete or outdated; and * uncertainty due to errors and biases: The analysis done for the samplings taken might be tainted with errors and poverty-stricken human judgment.
The above five factors causing the doubt. The elements of unknown/uncertainty in us can whirl haywire to their risk management programme. To minimise such unknown, it is vital to ensure that these issues are adequately addressed.
RISK OCCURS FROM THE UNKNOWN. It is not facile to manage unknown events, as some of the risks are beyond human controls, such as flood, earthquake, tornado and robbery. However, managing the negative fiscal or non-financial impact might be facile to strategise. For example, they can retain complete their precious assets on higher floor, so that should a flood quiet occur after a hefty rain, the negative fiscal impact and damage by water would be minimised. Or they would install an tocsin system in their premises so that should the robbers came unannounced, they might abort the raid because the tocsin bell was triggered. Thus the risk of robbery is mitigated. Assuming they possess taken the burglary insurance cover, should the robbers succeeded in carting away the valuables, they would possess the fiscal loss minimised because they possess insured the valuables and could claim back the amounts from the insurance company.
THE PAST AS GUIDES TO ride FORWARD. Machiavelli, an Italian philosopher and statesman who lived from 1446 to 1507, once said, "Wise men say, and not without reason, that whoever wished to foresee the future might consult the past." More often than not, risk managers dependence a lot on past data and historical events to chart forecast and assess the various risks inherent in any organisation. A lot of veracity prevailed in the quote by Machiavelli. In some instances, history tends to iterate itself because the very kindhearted of risk could surface again at some later time, if such risk is then not effectively managed using the lessons learnt from the past risk occurrence. RISK MANAGEMENT IS A PROACTIVE ART. Of course, they must be mindful that risk management is not about history alone. It should possess balanced proactive feature - using the previous risk occurrences to foretell what would chance in both the short and long term in the future. It is not a fallacy to state that risk management is about touching forward. It is about preparing and predicting the future state of events and operations using past patterns or historical trends in supporting such predictions.
SIX WAYS TO handle THE UNKNOWN. How attain they handle risk? There are many ways, but the more celebrated options are: i) Avoid. They can simply avoid the risk and attain not attain the deal. But this is not really risk management since there will be nothing to manage anyway, given that the transaction or operation is aborted. But not everything is as simple as that. There are risks that they possess to kisser everyday, and as allotment of their artery of doing the industry and operations. ii) Share. They can share the negative risk impact by putting up a strategic alliance, joint-venture or merging their smaller outfits to bigger outfit that can withstand more risk or cushion the negative impacts. There is veracity in the adage of "strength in unity" and the bigger the size, the stronger it should be. iii) Transfer. A submissive example of risk transfer is using insurance. An insurance policy taken to cover the damage and loss by fire would provide comfort to the property owner as he would be able to receive the fiscal compensation benefits from the insurance company. However, not complete risks could be insured. They are quiet left at the clemency of the non-insurable risks. So, the need to ensure that they possess a submissive risk management scheme to address those non-insurable risks is very critical for the success of any organisation. iv) Reduce. They can reduce the likelihood of the risk to occur, and minimise the negative impact of the risk by either cutting down on their exposure or involvement in the operations.
v) Accept. Many risks that haunt us are common day-to-day events that cannot be avoided, which they address as the cost of doing that kindhearted of business. They need to accept those risks as a typical artery to attain the business. An example of this kindhearted of risk is a supermarket's cashier with a minor cash shortage at the finish of the day's takings. vi) Prevent. Some forms of risk can be prevented from occurring. For example, theft of valuable asset from a tough play is a risk. One artery to prevent this is to ensure that no one can enter the tough play alone, and a closed-circuit TV must be installed for monitoring purpose. There must be at least two people holding the keys and going in at any time. The writer is chief risk officer of a commercial bank and author of Enterprise-wide Risk Management Made Easy. He can be reached at e-mail: firstname.lastname@example.org. allotment two of this article will appear next Saturday.
Copyright 2006 The unusual Straits Times Press (Malaysia) Berhad. Source: fiscal Times Information Limited - Asia Intelligence Wire.