3rd Party Risk Management , Blockchain & Cryptocurrency , Business Continuity Management / Disaster Recovery

Modern Bank Heists 5.0: 'The Escalation'

VMware's Tom Kellermann on Ransomware and Other Destructive Attacks Targeting Banks
Tom Kellermann, head of cybersecurity strategy, VMware

VMware's Tom Kellermann is out with Modern Bank Heists 5.0, his latest look at the attackers and attacks targeting financial services. Subtitled "The Escalation," this report looks at the increase in destructive attacks, ransomware and hits on cryptocurrency exchanges. Kellermann shares insights.

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In this video interview with Information Security Media Group, Kellermann discusses:

  • The increase in destructive attacks;
  • The percentage of banks hit by ransomware - and paying the ransom;
  • Five variants of island hopping attacks to beware.

Kellermann, head of cybersecurity strategy at VMware, is the former CEO of Strategic Cyber Ventures. He served on the Commission on Cyber Security for the 44th president of the United States and was an adviser to the International Cyber Security Protection Alliance. When he served as chief cybersecurity officer for Trend Micro, he was responsible for analysis of emerging cybersecurity threats and relevant defensive technologies.


About the Author

Tom Field

Tom Field

Senior Vice President, Editorial, ISMG

Field is responsible for all of ISMG's 28 global media properties and its team of journalists. He also helped to develop and lead ISMG's award-winning summit series that has brought together security practitioners and industry influencers from around the world, as well as ISMG's series of exclusive executive roundtables.




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