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How Modern Bank Heists Are Escalating to Hostage Situations

Talkat RSAC 2022 · 2022-06-06..06-09· [security]
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Covers findings from VMware’s Modern Bank Heist report showing how attacks against financial institutions have evolved — from market-manipulation and information theft to infrastructure hijacks and constituency-targeted campaigns — driven by remote access trojans (RATs) and ransomware. Describes the destructive escalation that can convert breaches into ‘hostage’ situations and outlines prevention strategies based on those report insights.

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