December 10, 2023
3rd Party Risk Management , Blockchain & Cryptocurrency , Business Continuity Management / Disaster Recovery VMware's Tom Kellermann on Ransomware and Other Destructive Attacks Targeting Banks Tom Field (SecurityEditor) • April 20, 2022     Tom Kellermann, head of cybersecurity strategy, VMware VMware's Tom Kellermann is out with Modern Bank Heists 5.0, his latest look…

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

VMware’s Tom Kellermann on Ransomware and Other Destructive Attacks Targeting Banks Tom Field (SecurityEditor) • April 20, 2022     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.

See Also: Live Webinar | The Great Crypto Migration: Best Agency Practices for Mitigating Risk

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.

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