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Is IBM actually Resetting the Cloud landscape With Its pink Hat Acquisition? | killexams.com actual Questions and Pass4sure dumps

Assuming it passes muster -- and there is no purpose to are expecting it might not -- IBM's (NYSE:IBM) announced buy of red Hat (NYSE:RHT) for $33 billion will acquire it the third-biggest M&A deal in the U.S. tech house ever. So even for a legacy massive, here is grave enterprise. And at $one hundred ninety a share, it be paying a sixty three% premium from the plot the goal closed Friday. So for buyers, the evident question is: what is it about this selected deal that makes it so essential for IBM?

To clarify what's up, MarketFoolery host Mac Greer has analysts Emily Flippen and Jason Moser be a section of him for this podcast to review the competitive circumstance in the cloud, talk in regards to the methods the red Hat acquisition will enlarge IBM's choices, and accept as genuine with how this linkup might play out.

A complete transcript follows the video.

This video turned into recorded on Oct. 29, 2018.

Mac Greer: IBM making a great deal. On Sunday, IBM agreeing to purchase pink Hat for $33 billion or $a hundred ninety in cash per share. it truly is a 63% premium to where pink Hat closed on Friday. That sounds fancy a lot, right?

Emily Flippen: it is.

Jason Moser: It seems fancy lots.

Greer: now not dangerous. IBM CEO Ginni Rometty says the deal is flawless about, "resetting the cloud landscape." Emily, I requisite to win into that here in a minute. the press liberate announcing the deal describes red Hat as "the area's leading issuer of open supply cloud application." if you sight at the deal, shares of pink Hat up round forty seven% nowadays. IBM, down a little. a very apt deal for IBM?

Flippen: I deem it's a integral deal for IBM. it be an enchanting deal for pink Hat. For a bit enjoyable truth, here is really the third largest deal within the U.S. background for tech.

Greer: it really is shape of enjoyable.

Flippen: or not it's a fun fact. it is to asseverate that, you're going to notice that purple Hat shares don't appear to be exactly at that $one hundred ninety fee. it is because of the proven fact that this may want regulatory and shareholder approval before it strikes forward. i might predict that to grasp place.

it be a thrilling deal for IBM. IBM has been posting actually stagnant boom over the terminal few years. They obligatory to carry out whatever thing. They gain been losing out horribly to competitors fancy Amazon and Microsoft in this space. This acquisition for them is an attempt to manage each a section of the cloud ecosystem for an enterprise. if you are an business, and you gain got loads of actual belongings, in terms of habitual assistance storage, and also you're looking to circulation toward a cloud ambiance, what they carry out is, they've an inter-between section the plot you are working in a hybrid cloud ambiance. This deal goes to permit IBM to win in on the hybrid cloud atmosphere district and aid corporations transition to that cloud environment. they're using red Hat to carry out that.

Moser: I believe she hit the nail on the head there. It was a necessary deal for IBM. they gain now been speakme about IBM sort of just sitting there doing nothing over the terminal decade, more or less, as every different tech business they discus looks to be flying reform past it. typically, with huge tech businesses fancy this, that are a bit bit greater based on legacy success, you gain to Go in there and acquire a great deal fancy this. this is why it's this sort of top rate, I feel. IBM basically wishes this. They don't requisite red Hat to head searching round and spot if someone desires to up the ante a bit bit. So, they're paying a really ponderous top rate nowadays.

It more than likely goes through. possibly there's some scrutiny there. however when I looked at the two agencies, I feel this truly tells you every cramped thing you deserve to know. in case you loom at the groups, you word the disparity within the analysis and structure line particular on their revenue statements. in case you examine R&D as a percent of revenue, for pink Hat, it's about 20%. they are plowing a lot of the cash they acquire back into the enterprise as a result of they should retain necessary and maintain advancing. IBM's around 7%, and that they're really doing that just to tread water. and that's what they gain been doing for a very long time now.

to peer them acquire a huge deal fancy this is rarely dazzling. I feel purple Hat's an excellent business. the fundamentals are sound. no matter if IBM in fact does the rest in reality first rate with it remains to be viewed.

Greer: when you resolve IBM the inventory, it hasn't even been treading water. You appear over the closing 5 years. Emily, they were speaking about this before the reveal. Shares are down. you gain misplaced funds on IBM over the ultimate five years. that's relatively hard to carry out during this market.

Moser: Yeah, it had the acceptance for the longest time of, in case you couldn't basically drudgery out what kind of promote it turned into and how acquire certain you be investing, you could always simply purchase shares of IBM and nobody would dangle that towards you on account of its standing within the tech area. however definitely, tech has changed so a total lot in only the concomitant years, and IBM hasn't basically been spearheading that alternate.

Greer: I wish to discourse more about this concept of resetting the cloud landscape. IBM's CEO says that huge groups gain moved around 20% of their drudgery to the cloud. Let's just grasp that as their starting element. That leaves round 80% that every one of those distinctive companies are competing for. IBM and purple Hat can Go after that 80%. however they gain acquired a few opponents. Let's just assessment one of the crucial names in that space. Amazon, Microsoft, and Alphabet.

Flippen: What's wonderful about red Hat is they are focused on open-sourced systems. When a person goes out makes exercise of pink Hat as a provider, they're not in reality purchasing any category of fabric utility. the entire code is already available. in the event that they desired that, they may fairly actually Go onto GitHub and replica and paste it. What they are doing is, they're buying crimson Hat support -- the expertise, the expertise that is obligatory to implement that. it be going to be actually exciting to peer how they compete. you'll keep that a lot of their rivals in reality exercise crimson Hat.

What IBM is trying to carry out is saying, "hello, we're not going to be the great cloud company it really is Amazon web capabilities. but, they can at least be the gadget which Amazon internet functions is working on." pink Hat's most generally subscribed product is crimson Hat business Linux. or not it's the working device that every one this technology is running on. What they are attempting to carry out is win in on the bottom degree of that and try to be a participant within the house without necessarily at once competing.

We mentioned prior the lifestyle around IBM, how it's been a late growth enterprise, no longer doing plenty during this house. I arbiter that's where the controversy for this deal comes from. a lot of people descry purple Hat as an innovator, absolutely open-source. Any enterprise that could acquire $2 billion promoting some thing that's free is an excellent company in my ebook.

Moser: [laughs] it is an outstanding point!

Flippen: So, the occasion there for a cultural disillusion, as this business it's been such an innovator, it truly is been open-supply, moves to this conglomerate, this colossal, late tech business, it can be a tough pill to swallow for some personnel. however IBM definitely wants the boom.

Greer: The venerable route of life conflict. they gain heard that legend before. I deem lower back to AOL and Time Warner. they will descry how the deal shakes out.

John Mackey, CEO of entire foods Market, an Amazon subsidiary, is a member of The Motley fool's board of administrators. Suzanne Frey, an executive at Alphabet, is a member of The Motley fool's board of administrators. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley fool's board of administrators. Emily Flippen has no position in any of the stocks mentioned. Jason Moser has no position in any of the shares mentioned. Mac Greer owns shares of Alphabet (C shares) and Amazon. The Motley idiot owns shares of and recommends Alphabet (A shares), Alphabet (C shares), and Amazon. The Motley fool has a disclosure policy.


IBM stock investors Don’t Yet win It — purple Hat Is a video game-Changer | killexams.com actual Questions and Pass4sure dumps

The roomy tidings in the M&a world this week turned into that blue-chip technology significant IBM (NYSE:IBM) is acquiring hybrid cloud company red Hat (NYSE:RHT) for $34 billion, a abrupt 60% premium to the open supply software maker’s market value. Wall highway largely praised the deal, with IBM inventory analysts calling the deal “as transformative as it gets”.

but, buyers weren’t so bound. The deal become announced on Sunday, Oct. 28. That previous Friday, huge Blue’s stock closed at $one hundred twenty five. nowadays, it sits at $one hundred fifteen.

Why the investor bearishness? costs are going up, and IBM is most likely taking up a lot of debt to fund this deal. thus, IBM’s steadiness sheet is being loaded up with debt on the accurate time you don’t wish to load up your steadiness sheet with liabilities. investors are involved about income and cash flows being compelled, and are eventually involved that the further debt crucible will cease buybacks and/or drive a dividend cut.

That won’t occur. as a substitute, the analysts gain it reform on this one. The crimson Hat deal is a game-changer for IBM and, due to this fact, IBM stock. The tech titan necessary to grasp motion to enlarge its cloud company, which has been the only respectable factor about this enterprise for the past a few years. currently, even though, the cloud business has misplaced some luster as boom fees slipped and IBM fell in the back of rivals Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOGL).

The crimson Hat acquisition adjustments flawless that. it's going to enlarge IBM’s cloud presence, and in the terminate ameliorate lengthy-term income and earnings growth possibilities. those improvements may quiet power IBM stock greater, mainly from nowadays’s blue base.

As such, I feel now is the time to win bullish on IBM stock.

The red Hat Deal Is a good

IBM has been tormented by gradual earnings boom over the terminal a number of years. whereas administration has achieved everything in its power to nick fees and enhance margins, late sales enlarge has sooner or later held again this enterprise’s profits vigour and stored IBM inventory depressed.

The massive problem is that this style wasn’t reversing by itself. Bulls had been hoping for out-sized cloud growth to shudder IBM stock out of its slump. That didn’t occur. in its place, cloud growth costs had been cooling for a few quarters now. internet outcome? IBM’s income evolution is quiet a bit of prerogative down to flat, while earnings boom continues to be muted.

but, the purple Hat acquisition will transpose this fashion. crimson Hat is an necessary hybrid cloud player which dominates the all-important open supply application factor of the cloud. This business is a double-digit income grower with eighty five%-plus indecent margins and 20%-plus operating margins. IBM, by contrast, is a flat revenue enlarge company with 50% indecent margins and very nearly 20% pre-tax margins.

in brief, IBM is acquiring an even bigger salary grower with a more hardy margin profile. this is a recipe for success.

moreover, crimson Hat counts greater than ninety% of Fortune 500 corporations as clients, and has 100,000-plus commercial enterprise consumers in complete. The acquisition of pink Hat offers IBM a several and effectual probability to cross-promote and up-sell cloud functions to pink Hat’s huge customer base. Inevitably, this will deliver a hoist to IBM’s cloud enterprise.

usual, then, this deal is a huge lofty quality. yes, it will can freight IBM a boatload of cash. however, it is subsequently worth it as a result of red Hat is the shot within the arm that IBM must reinvigorate enlarge in its key cloud company. Over the subsequent several years, the IBM-pink Hat pairing will step by step gain share against the cloud’s roomy 3 — Amazon, Microsoft, and Google. These shares apt points will subsequently propel enhanced monetary performance for IBM and send IBM stock larger.

IBM stock Is Undervalued

After this most concomitant promote-off, IBM inventory is vastly undervalued.

The shares now trade at just 8X ahead revenue. That’s as cheap as IBM stock has been given that the first-rate Recession. The price-to-sales diverse is at 1.3X, also the lowest plane on account that the monetary crisis. identical with the cost-to-book and cost-to-cash stream multiples. in the meantime, the dividend capitulate is up at 5%, which is as excessive as it’s been in more than two a long time.

across the board, IBM stock is grime inexpensive.

and dust low cost simplest makes sense if IBM inventory is prepping for massive income and profits erosion, or a complete steadiness sheet wipe-out from too an abominable lot debt. not any of that is going to happen. earnings enlarge will enlarge over the subsequent a number of years because of the purple Hat integration. And, because purple Hat has bigger margins, earnings growth will enhance, too.

meanwhile, IBM is anticipated to generate $12 billion in free money movement this 12 months, and here's a blue yr. thus, it will grasp IBM best three years of blue operations to service a $34 billion debt-funded acquisition with free cash circulation. That capacity the stability sheet isn’t flawless that careworn via this acquisition.

base line on IBM stock

general, IBM stock is only too cheap here to ignore. This inventory should leap lower back from present tiers, and ultimately trade route larger because the market starts to moderately incorporate reinvigorated cloud boom potentialities into the valuation.

And while IBM inventory is dust inexpensive and has plunged into oversold territory, the fundamentals are really enhancing thanks to the pink Hat acquisition. therefore, concomitant weakness may quiet transpose route, and IBM inventory may quiet bounce better from here.

As of this writing, Luke Lango turned into IBM, AMZN, MSFT and GOOGL.


IBM-purple Hat: A crazy fashion That could drudgery | killexams.com actual Questions and Pass4sure dumps

IBM's $34 billion acquisition of red Hat is the expertise trade's edition of the movie Argo.

The 2012 movie is in line with a true-existence 1979 incident, where a CIA agent went undercover as a Hollywood producer, scouting Iran as a probable district for a truly horrific science fiction flick.

The genuine fashion become to win six American prisoners out of Iran.

"There are most effectual infamous alternate options. it's about discovering the most fulfilling one," says the agent, played via Ben Affleck.

IBM Corp. (NYSE: IBM) is out of first rate options. purchasing pink Hat Inc. (NYSE: RHT) may well be the premiere infamous concept it has. (See IBM purchasing purple Hat for $34B, Turning Cloud the wrong route up.)

The greater they dig into IBM's $34 billion red Hat acquisition, the worse it seems. but, as with that Iranian rescue, the biggest mistake of flawless could be assuming the fashion will fail.

Now entering its fifth yr, the 2020 vision government acme is an unique assembly of global CSP executives concentrated on navigating the disruptive forces at drudgery in telecom today. be section of us in Lisbon on December four-6 to fulfill with fellow experts as they silhouette the future of subsequent-gen communications and the route to acquire it profitable.

now they gain outlined the weaknesses of the crimson Hat acquisition in a number of articles.

The deal just would not acquire feel on the fundamentals. IBM is paying an huge premium for the open source company. Why? (See Is IBM Overpaying for pink Hat?)

a bigger business will commonly buy a smaller one to fill a hole within the greater company's product or provider portfolio. but there are no glaring holes in IBM's strategy that purple Hat fulfills. IBM does not want purple Hat to win into the open source market; IBM was an early Linux adopter itself and has a tradition of contributing to open supply initiatives.

another judgement why roomy companies carry out acquisitions is to lengthen compass -- in effect, buying the other company's shoppers. however purple Hat is tiny in comparison with IBM; red Hat doesn't add a lot to IBM's revenues. purple Hat's income in its terminal fiscal 12 months changed into $2.9 billion, in comparison with IBM's $seventy nine.1 billion.

IBM's brought up cause of the deal is to power extra heavily into commercial enterprise hybrid cloud and multi-cloud, distinguishing itself from public cloud suppliers, primarily Amazon, Microsoft and Google. IBM became up to now competing with those companies unsuccessfully.

IBM has mentioned that dispute time and again since it introduced the purple Hat deal Sunday. however, as soon as once more, it be difficult why IBM needs purple Hat to pursue that strategy -- certainly, it truly is been IBM's fashion given that smartly before the crimson Hat deal. (See IBM's purple Hat Acquisition: 'management Has eschew Out of Steam'.)

there's fully no quantitative explanation why the crimson Hat acquisition does IBM any respectable. much much less $34 billion value of reasons.

however the key phrase there's "quantitative."

don't weigh number IBM out yet.

What crimson Hat brings to IBM is lifestyle. IBM has a longstanding strategic open source direction. however purple Hat is rarely just concerned in open supply -- it's totally dedicated. pink Hat turned into founded as an open supply enterprise back in 1993, when the common information was that open source became unfit for company. red Hat has the information to fully seriously change IBM's enterprise mannequin.

an additional first-rate purple Hat brings to IBM is red Hat's relationship with its consumers. IBM income are desirable-down driven, engaging with the CEO, CIO, CTO and other C-degree executives. pink Hat engages with the consumers from the backside-up; they deal with engineers. it's really helpful flawless around for a dealer to gain interaction with its valued clientele on flawless stages of the company, now not restricted to the C-suite or the front traces, however up and down the org chart.

All of this can drudgery -- but most effectual if IBM permits purple Hat to toddle its personal manner. I've talked with ex-employees of agencies that IBM has acquired through the years; they talk about IBM strangling them in red tape and forms except the circumstance grew so insufferable that they needed to leave. that's the influence IBM has to steer transparent of.

To that conclusion, one other factor of the IBM-purple Hat deal makes feel: IBM's swear to preserve crimson Hat impartial. They wrote about that earlier this week. (See IBM: don't Panic! They may not Mess With crimson Hat.)

And my buddy Steven J. Vaughan-Nichols has more.

The pledge of independence is a different head-scratcher, even acting downright monotonous originally. Why acquire red Hat best to depart it by myself? Why no longer simply associate, or invest, or both?

The reply: IBM wants to grasp in crimson Hat slowly, and carry out it with out killing the open supply enterprise's route of life. It wants the transplant to take, with out IBM rejecting the donation and killing each businesses.

The IBM-red Hat acquisition will probably fail. know-how incumbents nearly always fail to appropriate to altering markets. historically, Digital machine company become once a titan of business computing; it didn't compete and changed into bought via Compaq desktop, which did not compete and became obtained through Hewlett-Packard, which failed and shatter up into latest Hewlett Packard business and HP Inc.

however there's precedent for transformation succeeding. IBM itself is one illustration; it became on the verge of failure 25 years ago, however as an alternative changed itself from a failed know-how product company to a a hit provider of expertise-enabled solutions to enterprise issues. A decade in the past, Microsoft become a failing vendor of obsolete notebook operating systems; now or not it's a thriving cloud company. And Amazon was busy selling books and athletic socks on-line in the early 2000s, when it decided to give third-birthday party entry to its servers, and created the cloud enterprise as they realize it nowadays.

IBM's pink Hat acquisition is a bold fashion -- even a crazy one -- however with IBM losing floor within the cloud and its revenues stagnating, it may be simply loopy satisfactory to work.

connected posts:

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Ask HN: Is web programming a succession of hacks on hacks? | killexams.com actual questions and Pass4sure dumps

Ask HN: Is web programming a succession of hacks on hacks? 822 points by barefootcoder on Sept 12, 2016 | screen | past | web | favorite | 661 comments Been doing application development, primarily backend development, for a number of years. I've always institute it quite light to toddle up and down the stack and drudgery anywhere from UI down to the bare metal in a number of environments and languages, and always the 'fast learner' who quickly knows the system inside-out, even when thrown into some district that I've never seen.

Lately I've been doing some web evolution on a fairly long-lived and great code-base, but I'm finding it MUCH harder to wrap my head around than application evolution ever was. I arbiter my rigor is that the total environment feels so... HACKISH... everything is a horrible hack on top of a horrible hack. (yes, I'm chummy with the history, been using the Internet since before the web) I'm not even talking about the fact that everything has to be stateless, in fact I develop desktop apps as stateless even driven UIs as well, but just the fact that it really feels fancy there's no consistent route to carry out anything, there are 1000 different frameworks, flawless with their own route of doing the most basic tasks, and my sustain is that they flawless ... well... suck.

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JKN Global Media PCL (SET:JKN) Plans to Aggressively bear Contents under CNBC Brand | killexams.com actual questions and Pass4sure dumps

By ACN Newswire

Article Rating:

December 1, 2017 12:25 AM EST  

Strengthens audience groundwork in Thailand

BANGKOK, Dec 1, 2017 - (ACN Newswire) - JKN Global Media PCL (SET:JKN), a leader in global content distribution, is trading on mai stock market of the Stock Exchange of Thailand on 30th of November 2017. The company believes in its potential growth which will reflect through the positive respond from investors. JKN executives continue to aggressively bear and deal CNBC's contents to strengthen the company's reputation in Thailand and inspirit its business growth.

Mr. Jakkaphong Jakrajutatip, Chief Executive Officer of JKN, announced that the company has registered its shares on the mai for the first time on 30th November 2017 with the initial JKN after public sale offering of 140 million IPO shares with par value of 0.50 baht and subscription charge of 8 baht per share on 22nd-24th of November 2017. Confidently, JKN shares will win a apt response from investors on the first trading day.

JKN is a leader in the global content distribution business which has various sweep of content and serves the demand of customers in flawless platforms. In the past nine months (January - September) of 2017, JKN had total revenue of 873.60 million baht which increased from the same epoch in 2016 by 280.31 million baht (47.25% growth rate). The significant growth came from the sales of content which is 95.24% of total revenue during the past nine months of 2017. The net profits of the epoch was 176.11 million baht which increased from the same epoch terminal year by 39.96 million baht.

After the fund raising on the mai, the company plans to operate CNBC Thailand's tidings TV station and bear CNBC branded contents, which is licensed by NBC in the United States. The production line will be structured in the style of the CNBC brand and will exercise Thai emcees and moderators in the production of the programs to broadcast on JKN CNBC channel.

In addition to CNBC Thailand's tidings channel business and CNBC branded content production, the company is also licensed to edit, translate, and dub in Thai the CNBC branded contents that are produced and broadcast internationally. In the second quarter of the year, the company has sold CNBC branded contents to digital TV broadcasters such as Channel 3 and radiant TV. In the future, the company plans to deal contents to other television operators and other platforms.

"We are confident in CNBC branded content production plans which are to expand its content distribution business and television business. This will drive JKN to be the leader in distributing and internationally importing global contents in order to deal in Thailand and the CLMV country group, as well as being the manufacturer and holder of quality contents for sale and distribution through both domestic and international channels. This will aid strengthen the company's operations and growing steadily," said Mr. Jakkaphong.

Mr. Komkrit Meekumsat, Senior Vice President of KT ZMICO Securities Co., Ltd, as a pecuniary advisor and underwriter, stated that JKN is a company with apt business fundamentals, and has potential for rapid growth by the vision and sustain of the management team in content business. JKN is a diversified content hub serving the demand of customers in flawless channels of Digital TV, Cable TV and Satellite TV, as well as Home Entertainment and Internet channels. It also distributes contents in the shape of merchandise goods and related products.

Meanwhile, many of the contents distributed by JKN are eligible to Output Deal by the copyright owner. During the grant, JKN can select contents from the copyright owner as first priority. JKN also has some rights that cover content distribution in neighboring countries such as Republic of the Union of Myanmar (Myanmar) and The Lao People's Democratic Republic (Laos) leading to a Great occasion for JKN to expand its business.

Contact:For JKN Global MediaYuttachai ("Tle") PaikanahokMT Multimedia Co LtdTel: +66 0 2612 2081 #125Mobile: +66 9 1736 2866E-mail: [email protected]

Source: JKN Global Media PCL

Copyright 2017 ACN Newswire . flawless rights reserved.

Copyright 2008 ACN Newswire. flawless rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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Extrusion Detection: Security Monitoring for Internal Intrusions | killexams.com actual questions and Pass4sure dumps

Extrusion Detection: Security Monitoring for Internal IntrusionsBy Richard BejtlichAddison-Wesley Professional, 385 pages, $49.99

@exb

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Sure, you're chummy with intrusion detection--your organization's IDS strategy has evolved to where you are finally seeing the projected return on the massive initial investment and pricey operational costs of the application. A unique phrase, coined extrusion detection, monitors what is leaving the network. While it sounds groundbreaking, Richard Bejtlich's Extrusion Detection: Security Monitoring for Internal Intrusions tangents off existing categories and fails to bring anything unique to the infosecurity table.

You can safely skip the introductory chapters and head straight for the original material that distinguishes this book from the litany of other available IDS titles: network instrumentation, sink holes and traffic threat assessments. Although detecting intruders from outside of the enterprise may be foremost in the minds of most security analysts when designing, implementing and operating IDS systems, these systems typically watch traffic flows initiated from inside the network as well.

Network instrumentation begins with network monitoring, of which four types are available: complete content, session data, statistical data and alert data. The coverage of these topics includes recommendations on arrogate software tools that are mostly open-source software. Although occasionally balanced by platforms more common to enterprises such as Cisco Systems' switches, this prejudice reduces the book's practical value. In particular, Bejtlich severely limits the utility of the traffic threat assessment section by indulging in an analysis solely employing the raw command-line interface of a SQL Server.

Combined with several other significant but not fatal flaws--such as the author's strong recommendation for proxy-based firewalls without a discussion of their grave performance degradation relative to other firewall technologies, examples of traffic threat assessment that fails to expose any malicious activity, and several filler chapters that neither add nor detract from the book's value--Extrusion Detection exudes an unremarkable quality.

The bottom line is this: If you requisite to engage in advanced intrusion detection practices and gain the liberty to employ open-source tools, you will find some worthwhile information in Extrusion Detection. Otherwise, you'd be better suited to find something else.

--PATRICK MUELLER

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