S2:E12 VMworld - Transformation, Cybercrime and Survival with Jennifer Manry and Tom Kellermann

In this special VMworld episode of Don’t Break the Bank, we talk with Jennifer Manry, Vice President of the Global Industries Group at VMware, and Tom Kellermann, Head of Cybersecurity Strategy at VMware. Jennifer and Tom discuss guarding against cybersecurity breaches and ways to create better and safer customer experiences as part of the drive of Digital Business Transformation. EPISODE NOTES 3 Takeaways: Nonpublic market information, like planned mergers and acquisitions and market strategies, are now being specifically targeted by cybercriminals as high value targets. Customers see cybersecurity as a competitive issue. They are increasingly investing in proactive security measures like DevSecOps and looking for greater collaboration with information security teams, operations teams and development teams to do security by design - to make it even more difficult for cyber exploits to happen. Promote your CISO to report directly to your CEO. They should have a separate security budget from the IT budget and should have veto authority over what the CIO does with regard to anything that would exacerbate the attack surface and allow for island hopping or destructive attacks to occur. Key Quotes: "When you want to get to true business and digital transformation, it's really inextricably linked to high-quality cyber protection, and the need for tight collaboration between all the teams that run these organizations is really critical.” - Jennifer "Cybercriminals are more likely to try and commandeer the digital transformation of the institution to use it against their constituency rather than just burglarize the institution as a whole. This shift is important because cybercriminals want to misuse the trust in the company, in the brand, to attack the company’s constituency.” - Tom "Cyber teams need almost a blank check to keep pace with how frequent and fast the pace of change is with criminals and how sophisticated and differing their various approaches to exploits are.” - Jennifer “This is a dramatic governance i