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IPS Software Update vs Signature Files

Good Morning All,

Quick question within the McAfee IPS there is two types of updates, one being for the IPS Signature files (signature Sets) and the other for the actually software.

I know Signature files updates is important to stay abroad of certain attacks, so my question is more around the IPS Software updates.

Are these updates critical? should I remain up to date with these types of software updates, what is the risk of not keeping it up to date.

Kind Regards