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What is the difference between an IDS and an IPS?

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What is the difference between an IDS and an IPS?

There is no difference; both terms refer to the same security technology

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An IDS only detects intrusions, while an IPS can both detect and prevent them

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An IDS is used for outbound traffic monitoring, while an IPS is used for inbound traffic monitoring

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An IDS is software-based, while an IPS is hardware-based

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