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Stock impact report

VMware Report Warns of Deepfake Attacks and Cyber Extortion

Vmware, Inc. Common stock, Class A (VMW) 
Last vmware, inc. common stock, class a earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.vmware.com/overview/default.aspx
Company Research Source: Business Wire
Burned out security teams fight back against geopolitically motivated attacks and lateral movement inside networks PALO ALTO, Calif.--(BUSINESS WIRE)--At Black Hat USA 2022, VMware, Inc. (NYSE: VMW) released its eighth annual Global Incident Response Threat Report, which takes a deep dive into the challenges faced by security teams amid pandemic disruptions, burnout, and geopolitically motivated cyberattacks. Sixty-five percent of defenders state that cyberattacks have increased since Russia invaded Ukraine, according to report findings. The report also shines a light on emerging threats such as deepfakes, attacks on APIs, and cybercriminals targeting incident responders themselves.“Cybercriminals are now incorporating deepfakes into their attack methods to evade security controls,” said Rick McElroy, principal cybersecurity strategist at VMware. “Two out of three respondents in our report saw malicious deepfakes used as part of an attack, a 13% increase from last year, with email Show less Read more
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