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'Modern Bank Heists' Threat Report from VMware Carbon Black Finds Dramatic Increase in Cyberattacks Against Financial Institutions Amid COVID-19VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today released the third annual "Modern Bank Heists" report, produced by VMware Carbon Black. The report combines original VMware Carbon Black threat data analysis with annual survey results featuring responses from 25 leading financial institution CISOs. "Financial institutions have long been targets for cybercrime syndicates," said Tom Kellermann, head of security strategy, Security Business Unit, VMware. "Over the years, bank heists have escalated to virtual hostage situations where cybercrime groups and nation-states have attempted to commandeer digital transformation efforts. Now, as we address COVID-19's impact on a global scale, it's clear attackers are putting financial institutions directly in their crosshairs, according to our data." Among the key findings from the report: Threat Data Analysis
Key Survey Results
Click here to download the report Additional Resources Day two of Connect 2020, VMware's annual cybersecurity conference, kicks off today at 11am ET. There's still time to register here! On May 13, VMware announced its intent to acquire Octarine, which will bring intrinsic security to containerized applications running in Kubernetes and build security capabilities into the fabric of the existing IT and DevOps ecosystems. The company also announced the creation of a Next-Gen SOC Alliance featuring industry-leading SIEM/SOAR vendors Splunk, IBM Security, Google (News - Alert) Cloud's Chronicle, Exabeam, and Sumo Logic. About VMware VMware software powers the world's complex digital infrastructure. The company's cloud, app modernization, networking, security, and digital workspace offerings help customers deliver any application on any cloud across any device. Headquartered in Palo Alto (News - Alert), California, VMware is committed to being a force for good, from its breakthrough technology innovations to its global impact. For more information, please visit https://www.vmware.com/company.html VMware and Carbon Black are registered trademarks or trademarks of VMware, Inc. or its subsidiaries in the United States and other jurisdictions. View source version on businesswire.com: https://www.businesswire.com/news/home/20200514005258/en/ |