Tag Archive for Hi Tech

Latest Technologies Straining Cyber Security Staffs, Study Warns

Critical Skills Gap Also Found in (ISC)2-Sponsored, Frost & Sullivan Study of More than 10,000 Information Security Professionals Worldwide

HONG KONG, Feb. 18, 2011 /PRNewswire-Asia/ –﹛A study based on a survey of more than 10,000 information security professionals worldwide finds that a growing number of technologies being widely adopted by businesses are challenging information security executives and their staffs, potentially endangering the security of government agencies, corporations and consumers worldwide over the next several years.

Conducted by Frost & Sullivan, the 2011 (ISC)2(R) Global Information Security Workforce Study (GISWS) says new threats stemming from mobile devices, the cloud, social networking and insecure applications, as well as added responsibilities such as addressing the security concerns of customers, have led to “information security professionals being stretched thin, and like a series of small leaks in a dam, the current overworked workforce may be showing signs of strain.”

Conducted on behalf of (ISC)2, the not-for-profit global leader in educating and certifying information security professionals throughout their careers, the study also shows a severe gap in skills needed industry-wide.﹛Information security professionals admitted they needed better training yet reported in significant numbers that many of these technologies are already being deployed without security in mind.

“In the modern organization, end-users are dictating IT priorities by bringing technology to the enterprise rather than the other way around,” said Robert Ayoub, global program director – network security for Frost & Sullivan.﹛”Pressure to secure too much and the resulting skills gap are creating risk for organizations worldwide.

“We can reduce the risks, however, if we invest now in attracting high-quality entrants to the field and make concurrent investments in professional development for emerging skills. As the study finds, these solutions are underway, but the question remains whether enough new professionals and training will come soon enough to keep global critical infrastructures in the private and public sectors protected.”

“The good news from this study is that information security professionals finally have management support and are being relied upon and compensated for the security of the most mission-critical data and systems within an organization,” added Ayoub. “The bad news is that they are being asked to do too much, with little time left to enhance their skills to meet the latest security threats and business demands.”

Other key findings from the study include:

– As of 2010, Frost & Sullivan estimates that there are 2.28 million﹛
﹛ information security professionals worldwide, while there are around
﹛ 750,000 in Asia-Pacific (A-P). Demand for professionals in A-P is expected
﹛ to increase to over 1.3 million by 2015, with a compound annual growth rate
﹛ (CAGR) of 11.9 percent, creating career opportunities for those with the
﹛ right skills.

– Secure software development is a significant new area of focus for
﹛ information security professionals worldwide.﹛Application vulnerabilities
﹛ ranked as the No. 1 threat to organizations by 72 percent of respondents,
﹛ while 20 percent said they are involved in secure software development.

– Nearly 70 percent of respondents reported having policies and technology in
﹛ place to meet the security challenges of mobile devices, yet mobile devices
﹛ were still ranked second on the list of highest concerns by respondents.﹛
﹛ The study concludes that mobile security could be the single most dangerous
﹛ threat to organizations for the foreseeable future.

– Cloud computing illustrates a serious gap between technology implementation
﹛ and the skills necessary to provide security. More than 50 percent of
﹛ respondents reported having private clouds in place, while more than 70
﹛ percent reported the need for new skills to properly secure cloud-based
﹛ technologies.

– Professionals aren’t ready for social media threats. Respondents reported
﹛ inconsistent policies and protection for end-users visiting social media
﹛ sites, and just less than 30 percent had no social media security policies
﹛ whatsoever.

– Viruses and worms, hackers and internal employees all fell in significance
﹛ as top threats from 2008, the most recent year of the study.

– The main drivers for the continued growth of the profession are regulatory
﹛ compliance demands, greater potential for data loss via mobile devices and
﹛ mobile workforce, and the potential loss of control as organizations shift
﹛ data to cloud-based services.

– Nearly two-thirds of respondents don’t expect to see any increase in budget
﹛ for information security personnel and training in 2011.

– Salaries showed healthy growth despite a global recession, with three out
﹛ of five respondents reported receiving a salary increase in 2010. Overall,
﹛ salaries for information security professionals increased, with the A-P
﹛ region showing the highest growth at 18 percent since the 2007 study.

“With the increasing demand for information security professional due to security threats, we need to change our approach to global cyber security to address the skills gaps revealed by the study,” said Dr Lee Jae-woo, co-chair for the (ISC)2 Asian Advisory Board and Fellow of (ISC)2. “Especially in Asia, we see the career opportunities are growing. In order to fill the gap of professional demands, we urge industry, government, academia and the profession to collaborate to attract a new generation of highly qualified information security talent while supporting current professionals to help them address the latest threats.”

Likely the largest study of the information security profession ever conducted, 10,413 information security professionals from companies and public sector organizations from around the world were surveyed in the fall of 2010, including 61 percent in the Americas, 22.5 percent in Europe, the Middle East and Africa, and 16.5 percent in Asia Pacific.﹛Forty-five percent were from organizations with over 10,000 employees.

The average experience of respondents worldwide was more than nine years, while five percent of respondents held executive titles such as Chief Information Security Officer. Additionally, Frost & Sullivan supplemented the analysis with its other primary data sources and methods.

The objective of the GISWS, the fifth study sponsored by (ISC)2 since 2004, is to provide meaningful research about the information security profession to industry stakeholders, including professionals, corporations, government agencies, academia, and hiring managers.

The full study can be found here:﹛https://www.isc2.org/workforcestudy/Default.aspx.

About (ISC)2
(ISC)2 is the largest not-for-profit membership body of certified information security professionals worldwide, with nearly 75,000 members in more than 135 countries. Globally recognized as the Gold Standard, (ISC)2 issues the Certified Information Systems Security Professional (CISSP(R)) and related concentrations, as well as the Certified Secure Software Lifecycle Professional (CSSLP(R)), Certified Authorization Professional (CAP(R)), and Systems Security Certified Practitioner (SSCP(R)) credentials to qualifying candidates. (ISC)2′s certifications are among the first information technology credentials to meet the stringent requirements of ANSI/ISO/IEC Standard 17024, a global benchmark for assessing and certifying personnel. (ISC)2 also offers education programs and services based on its CBK(R), a compendium of information security topics. More information is available at http://www.isc2.org .

(C) 2011, (ISC)2 Inc.﹛(ISC)2, CISSP, CSSLP, ISSAP, ISSMP, ISSEP, CAP, SSCP and CBK are registered marks of (ISC)2, Inc.

Contact:

Kitty Chung
(ISC)2 Asia-Pacific
Tel: +852-3520-4001
Email: kchung@isc2.org﹛

SOURCE﹛(ISC)2

Avnet, Inc. Celebrates 50 Years on the NYSE

One of only 350 companies in NYSE history to achieve the 50-year milestone

HONG KONG, Dec. 28, 2010 /PRNewswire-Asia/ — Avnet, Inc.( http://avnet.com ) (NYSE: AVT), a leading global technology distributor, commemorated its 50th anniversary as a public company on the New York Stock Exchange (NYSE) by ringing the Closing Bell( http://blogging.avnet.com/weblog/mandablog/2010/10/26/avnet-to-be-350th-company-to-be-on-nyse-for-50-years ) on Wednesday, December 15, 2010.﹛An archived video of the Closing Bell is now available for viewing on Avnet’s website( http://www.em.avnetasia.com ). 2010 is also a year that Avnet Electronics Marketing, an operating group of Avnet, Inc., celebrates the 15th anniversary of its business entering the Asia market.

(Photo: http://www.prnasia.com/sa/2010/12/24/20101224623107.html )﹛
(Logo: http://www.prnasia.com/sa/2010/12/24/20101224857530-l.jpg )

“We think our founders would be proud of the fact that we are now one of only 350 companies that have been listed on the New York Stock Exchange for 50 years,” said Roy Vallee, Avnet Chairman and CEO.

“This milestone distinguishes Avnet as a premier company — one with demonstrated adaptability, a strong culture and conservative financial discipline. These positive attributes have allowed us to grow steadily and profitably over time and become the global leader in technology distribution.

“We sincerely thank each of our talented employees who make our company so great, our innovative customers and technology suppliers who have placed their trust in us to accelerate their success, our shareholders who invest in us, as well as our business and community partners who join with us to help make the world a better place to live and work.

“We are proud of this milestone and our accomplishments thus far, and look forward with excitement to building on our leadership position to achieve far more in the next 50 years than anyone can possibly imagine today,” he concluded.

Award-winning film and Broadway producer Jon Avnet, grandson of Avnet founder Charles Avnet, added: “Almost 50 years ago, a prominent New York paper scoffed when my father Lester Avnet, said, ‘We, Avnet Inc., are going to the top, to 100 million in sales, maybe even a billion.’ Roy Vallee and his talented executive team have taken Avnet, Inc. to almost 20 billion dollars in sales, fifty years later. Congratulations to all who have made this possible.”

At the time the company was initially listed on the NYSE, Avnet’s market capitalization was US$37 million and today Avnet’s market capitalization is approx. US$5 billion. “Avnet’s ability to sustain its performance and transform itself to meet the changing demands of the market over the past 50 years is remarkable,” said Larry Leibowitz, Chief Operating Officer, NYSE Euronext. “The company’s staying power, adaptability and growth are accomplishments that deserve great admiration, and we are grateful for our long-lasting partnership.”

Additional background information on Avnet’s 50th Anniversary on the NYSE can be found on the company’s website under Highlights( http://www.avnet.com/sta/home/0,6948,RID%253D46799%2526CID%253D62291%2526SCR%253DN%2526CCD%253DUSA%2526SID%253D9358%2526DID%253DDF3%2526LID%253D16679%2526BID%253DDF3%2526CTP%253DSTA,00.html ). The micro site includes video interviews with Vallee, photos of the Closing Bell and interview transcripts.﹛A video of Avnet’s history can be found on http://www.avnetondemand.com . For more interesting facts about Avnet and its history, visit Avnet’s 50th Anniversary on the New York Stock Exchange micro site.( http://www.avnet.com/sta/home/0,6948,RID%253D46799%2526CID%253D62291%2526SCR%253DN%2526CCD%253DUSA%2526SID%253D9358%2526DID%253DDF3%2526LID%253D16679%2526BID%253DDF3%2526CTP%253DSTA,00.html )

While Avnet is celebrating 50 years since it was first listed on the NYSE, Avnet Electronics Marketing is also celebrating the 15th anniversary of its business in Asia market. The company entered the Asia market in 1995 and is now one of the leading electronics component distributors in the region. It has 2,500 employees in the region and extensive coverage across more than 40 cities, providing customers with a line card that includes more than 150 franchises.

Photos/Multimedia Gallery Available:﹛http://www.em.avnetasia.com/News/ProductNewsShow.aspx?ID=729&type=0&pagesId=51&MasterPageId=20

About Avnet

Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners’ success by connecting the world’s leading technology suppliers with a broad base of more than 100,000 customers by providing cost-effective, value-added services and solutions.﹛For the fiscal year ended July 3, 2010, Avnet generated revenue of US$19.16 billion. For more information, visit http://www.avnet.com . (AVT_IR)

About Avnet Electronics Marketing Asia

Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), has a significant presence in Asia. With its regional headquarters in Singapore, the company has offices in more than 40 locations in Asia. Avnet Electronics Marketing Asia distributes semiconductors, interconnect, passive and electromechanical components to serve a wide range of customers including original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and small- to medium-sized businesses, and provides associated design-chain and supply-chain services. More information is available at http://www.em.avnetasia.com .

All company and product names may be trademarks of the respective companies with which they are associated.

Media contacts:
Sonia Bovio
Brodeur Partners
Tel:﹛ +1-602-224-4048
Email: sbovio@brodeur.com

Michelle Gorel
Vice President, Public Relations
Avnet, Inc.
Tel:﹛ +1-480-643-7653
Email: michelle.gorel@avnet.com

Jaime Chan
Senior Marketing Communications Manager
Avnet Electronics Marketing
Tel:﹛ +852-2410-2735
Email: Jaime.chan@avnet.com

SOURCE Avnet, Inc.

Taipei Rolls Out Red Carpet for 2010 ASOCIO ICT Summit

Keynote speeches, panel discussions, and ICT industry and IT Service businesses showcasing cutting-edge technologies are highlights of the summit

TAIPEI, Nov. 8, 2010 /PRNewswire-Asia/ — Hosted by the Information Service Industry Association of Chinese Taipei (CISA), the2010 ASOCIO ICT Summit will be held in Taipei, Taiwan from December 1st through the 3rd at the Taipei International Convention Center. The summit theme is ASOCIO ICT Best Practices and focuses on demonstrating Best ICT Practices and success stories of each member economy. The Asian-Oceanian Computing Industry Organization (ASOCIO) is a group of IT industry associations from economies in the Asia and Oceania regions.

The exhibits, showcasing cutting-edge technologies of outstanding ICT industry and IT Service businesses, are organized around the themes of Business Solutions, E-Commerce, Digital Content, Outsourcing, ICT Education, SI and IT Consultation, and the Digital Divide.

Keynote speeches will be delivered by Mr. Stan Shih, Chairman of the iD SoftCapital Group and Co-Founder and Chairman Emeritus of the Acer Group; Dato’ Dan E. Khoo, Chairman of the World Information Technology and Services Alliance (WITSA), Malaysia; and Dr. Ming-Ji Wu, Director General, Department of Industrial Technology (DoIT), Ministry of Economic Affairs. Panel discussions include e-Government, e-Business, Cloud Computing, e-SME, and Digital Opportunity.

Optional networking activities on November 30th will include a golf tournament or a tour of the Yingge Ceramics Museum, and dinner and golf tournament award ceremony. For ASOCIO members only on December 1st, there will be a Past President Council Meeting, Board Meeting, and General Assembly. Pre-registered participants will visit the Industrial Technology Research Institute and the NanKang Software Park, and participate in a WTM meeting, and business matching. Scheduled for the evening are the exhibition opening and welcome reception, and Taipei Night. The keynote speeches and panel discussions will take place on Thursday and Friday. Friday afternoon and evening there will be a press conference, closing ceremony, and gala dinner at the Grand Hyatt Taipei.

CISA

The Information Service Industry Association of Chinese Taipei (CISA), is Taiwan’s sole representative body of information service industries. Founded in 1983, CISA is one of the most time-honored hi-tech associations in Taiwan. Its 750 corporate members comprise domestic, international companies and R&D institutes in software development, distribution, and information and network service businesses. CISA is the founding member of the Asian-Oceanian Computing Industry Organization (ASOCIO), and is a member on the Steering Committee of World Information Technology & Service Alliance (WITSA). For more details visit: http://www.cisanet.org.tw/En/Background

ASOCIO

Since its establishment in 1984, in Tokyo, Japan, ASOCIO has dedicated itself to promoting, encouraging and fostering relationships, while promoting trade between its member organizations. As a federation of computing industry associations from the Asian-Oceanian region, ASOCIO’s overriding objective is to develop the computing society and industry in the region. ASOCIO has been instrumental in linking up IT companies in its member economies. For more details visit: http://www.asocio.org

SOURCE The Information Service Industry Association of Chinese Taipei

Name of Printer:Finet Holdings Ltd.
Address of Printer:Room C, 11/F., Bank of East Asia Harbour View Centre, 56 Gloucester Road, Wanchai, Hong Kong

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