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How “Big Iron” Does “Big Regulation”

The coming cloud – April 30, 2008

By G C Network | May 18, 2008

I attended the IBM Public Sector briefing this morning. The IBM executives were clearly basking in a financial performance glow. After ending 2007 with increases in revenue, profit and earnings per share, IBM also turned in an impressive 1Q’08. This being a partner conference, a big highlight was the fact that 36% of IBM’s revenue…

Google, Cloud Computing, and the US Intelligence Community – April 29, 2008

By G C Network | May 18, 2008

Just arrived in Los Angeles for the IBM Business Partner Leadership Conference. IBM is billing this as a “new” conference, but I have my doubts. I am, however, very interested in hearing many of the speakers, particularly Eric Schmidt, Chairman and CEO of Google. His presentation on “The Future of the Web, Cloud Computing and…

Location Based Services – April 25, 2008

By G C Network | May 18, 2008

INmobile.org is a exclusive community for executives in wireless industry. As a member, I have the opportunity to participate in a number of interesting discussions about mobile and wireless technology. Here’s a summary of the points made in a recent discussion about location based services. Thanks goes to Adam Zawel for this excellent summary. CARRIER’S…

IBM Business Partner Leadership Conference – April 23, 2008

By G C Network | May 18, 2008

I just completed registration for the IBM Business Partner Leadership Conference. This is a new invitation-only conference being held this year in Los Angeles from Wednesday, April 30th through Friday, May 2nd. I’m looking forward to renewing my IBM contacts “in person” versus the “virtual” meetings that have become such a fixture of today’s business…

Telephone & Web = WOW !! – April 21, 2008

By G C Network | May 18, 2008

The power of the Internet and the web lies in its ability to provide access to information. The mobile web takes this one step further with its ability to provide information relevant to a specific location. Although the promise of this marriage is mind boggling, computer and smart-phone keyboards have slowed the adoption and widespread…

The Power of Family Oral History – April 19, 2008

By G C Network | May 18, 2008

Although I just started this yesterday, I’ve decided to backdate this entry to last Saturday, April 12, 2008. That’s when my family had it’s 3rd Annual Black History Party. The main reason I’m doing this is because of the life lesson that experience taught me. That lesson was the power of family oral history. For…

So much to blog ….Entry for April 19, 2008

By G C Network | May 18, 2008

When I started this yesterday, I had a list of about five things I wanted to say on this blog. I then decided on a strategy to list topics as I thought of them and then only have one entry a day. Then later, I heard this great sucking sound. It was as if a…

Hello World ! – May 18, 2008

By G C Network | May 18, 2008

I’ve been toying with the idea of doing a blog for about six months now. Initially I didn’t see how any of my contributions to the blogosphere would matter to the world. The importance of this view, however, waned as I became more and more absorbed by the power of Web 2.0. As my participation…

According to Verizon, there were over there were over 53,000 security incidents in 2017, with over 2,200 of those identified as confirm data breaches. A Ponemon Institute study also showed that companies experiencing a data breach took an average of 147 days to detect that breach. These statistics serve a key motivator of Stuart McIrvine, Director of Product Management at Broadcom.  In this role, Stuart is responsible for helping Broadcom’s customers protect data held on mainframe systems around the world.  A rapidly broadening aspect of this job is keeping up with evolving data protection and privacy laws. Stuart highlighted his ever relentless drive to build and maintain customer trust in this area during his Conversations with Dez podcast.

With his extensive experience in hardware with IBM, Software with HP and Operations Management with the newly acquired CA Technologies, Stuart believes that all business comes down to one simple truth. That is a business customer is not going to buy from a company unless they have first established trust. Being a proud husband and father of two young women, one of whom is also working at Broadcom, Mr. McIrvine extends this customer-focused passion towards always delivering the service that any specific customer requests in the way that customer wants and expects.

Maintaining Customer Trust

As the product manager of Broadcom’s computer mainframes, the most secure platform ever built, Mr. McIrvine finds himself in an excellent position from which to pursue his passion. In today’s era of Big Data and Big Regulation, enterprises are increasingly focused on establishing and enhancing their security and compliance strategy. Cross-enterprise data security and compliance must, therefore, protect business-critical data, drive productivity and enhance the enterprise’s overall digital profile. Those companies that chose to take advantage of Broadcom’s leading mainframe security product portfolio are using proven enterprise data security solutions.

During the podcast, Mr. McIrving highlighted that companies must establish and maintain trust with their customers and that protection of their customer’s data is foundational to that trust. To do this, he shared the results of a recent Ponemon Institute study in which indicated that 65% of consumers lose trust in a company that has suffered a customer data breach. Although it’s common knowledge that public companies also see their stock price decline after a breach, those that have superior security posture and quick response to a breach recover from this equity loss over 12 times faster. More importantly, over 30% of consumers discontinued their relationship with a breached company. Regaining that lost customer also costs a company seven times more money when compared to a new acquisition. This data means that a company’s success is heavily dependent on their ability to prove themselves as a trusted institution.

Protecting “Big Iron” data

From an internal point of view, the most significant security spending driver is compliance. In reality, this represents the company’s ability to demonstrate compliance to outside auditors. Since mainframe computers represent the largest repository of customer data, they wind up being the most attractive target for data thieves. According to Mr. Irvine, the typical large company experiences about 2.9 audits per year.

To avoid data and value loss and to keep up with rapid change in data regulations, companies must update their data management policies by:

Learn more about how to follow these proven steps toward protecting your company’s customer data by talking with a Broadcom mainframe expert. They are available to help you find the right solution to meet your organization’s specific needs.

This post was brought to you by @Broadcom.

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