I need some basic stuffs regarding HIPS in SEPM
For starters, check these two articles -
Best practices regarding Intrusion Prevention System technology
Best Practices for employing Intrusion Prevention System (IPS) to high-availability/high bandwidth servers.
Moving thread to Endpoint Protection forum for greater visibility.
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It is a signature based rules that get downloaded from internet. However you can create your Custom IPS Rules aswell.
It will protect you against Network based threats/attacks.It is a component that works hand in hand with SEP firewall.