Broadcom | June 21, 2022
Broadcom Inc., an American designer, developer, manufacturer, and supplier of a wide range of semiconductor and infrastructure software products, announced acquiring U.S.-based cloud computing and virtualization technology company VMware, Inc. The acquisition was completed with the transaction of cash and stocks worth approximately US$61 billion.
Broadcom’s CEO, Hock Tan expressed optimism about the chances for success of the merged companies, with plans to fuse Broadcom's existing security and infrastructure software into VMware's portfolio.
"Hock Tan is a very shrewd business guy. He is aware of financial implications, both short and long-term, for his company with these acquisitions. Will he bleed it dry? I suppose that's a possibility, but it's not clear yet."
Brian Kirsch, an IT architect and instructor at Milwaukee Area Technical College
VMware users and employees were concerned that the company would face the same fate as others after being acquired by Broadcom, but they are adopting a wait-and-see attitude. However, post the statement mentioned above, the stakeholders of VMware are now worried that the innovative technologies of the company will land on Broadcom Inc.’s chopping block, same as previously acquired companies.
The concerns of VMware employees and users are justified, seeing the position of companies such as CA Technologies in 2018 and Symantec's Enterprise Software Business in 2019 after the adoption of the “acquire and axe” policy by Broadcom.
One of the VMware insiders who deals with multiple tech teams at the company mentioned that Broadcom will sell off the VMware products and solutions, except the most profitable ones.
He further stated, "Some employees are nervous because of the cuts they figure are coming. Others are concerned they won't invest in some products like NSX Intelligence that look like they have a promising future."
VIRTUAL DESKTOP STRATEGIES
Evolve IP | July 11, 2022
Evolve IP a premier international service provider of Work Anywhere™ solutions announced that it has partnered with PeterConnects, part of Anywhere365® Group, to integrate and provide Microsoft Teams-focused communication and contact center solutions for enterprise organizations.
This partnership will further mobilize the deployment of Evolve IP's enterprise-grade Anywhere Receptionist solution. The Anywhere Receptionist solution is a state-of-the-art telephone operator console that tightly integrates with Microsoft Teams and provides a range of smart features for improved call handling and efficient call distribution.
The Anywhere Receptionist from Evolve IP
The Anywhere Receptionist solution is designed to optimize efficiencies, streamline customer interactions, and improve overall operator and caller experience in Microsoft Teams. It achieves all of this from a single, secure, integrated pane of glass.
The secure, cloud-hosted application enables attendants, receptionists, and contact center teams to elevate their remote working experience by providing full visibility into the availability and present status of all team members.
Evolve IP's Anywhere Receptionist solution delivers the following features and more:
Presence information of all users
Intuitive and modern user interface
Drag and drop call transfer
Automatic voicemail and email capabilities
Contact management and monitoring
Secure, browser-based cloud application
Deep Integration for Maximum Collaboration and Communication
"Anywhere Receptionist is deeply integrated into collaboration and communication platforms like Microsoft Teams, thereby extending its benefits beyond the contact center into every part of an organization. This empowers businesses to take communication to a new level and support their remote workforce,"
Autumn Salama, Chief Integration Officer of Evolve IP
Erik van Arkel, Global Head of Partnerships, Anywhere365 Group, explains, "I'm proud to see how our efforts to always innovate our products and go-to-market are a reason for service providers such as Evolve IP to connect with our family of brands. Our aim is to always maximize the potential of time in any customer dialogue. This relationship will support that aim, together with our continued growth, as we look to meet the growing demand for communications solutions on top of Microsoft Teams. We're looking forward to collaborating with this aspiring partner that has a solid reputation and footprint in their markets."
VIRTUAL DESKTOP TOOLS
VMware | August 09, 2022
At Black Hat USA 2022, VMware, Inc. 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 as the top delivery method. Cybercriminals have evolved beyond using synthetic video and audio simply for influence operations or disinformation campaigns. Their new goal is to use deepfake technology to compromise organizations and gain access to their environment.”
Additional key findings from the report include:
Cyber pro burnout remains a critical issue. Forty-seven percent of incident responders said they experienced burnout or extreme stress in the past 12 months, down slightly from 51% last year. Of this group, 69% (versus 65% in 2021) of respondents have considered leaving their job as a result. Organizations are working to combat this, however, with more than two-thirds of respondents stating their workplaces have implemented wellness programs to address burnout.
Ransomware actors incorporate cyber extortion strategies. The predominance of ransomware attacks, often buttressed by e-crime groups’ collaborations on the dark web, has yet to let up. Fifty-seven percent of respondents have encountered such attacks in the past 12 months, and two-thirds (66%) have encountered affiliate programs and/or partnerships between ransomware groups as prominent cyber cartels continue to extort organizations through double extortion techniques, data auctions, and blackmail.
APIs are the new endpoint, representing the next frontier for attackers. As workloads and applications proliferate, 23% of attacks now compromise API security. The top types of API attacks include data exposure (encountered by 42% of respondents in the past year), SQL and API injection attacks (37% and 34%, respectively), and distributed Denial-of-Service attacks (33%).
Lateral movement is the new battleground. Lateral movement was seen in 25% of all attacks, with cybercriminals leveraging everything from script hosts (49%) and file storage (46%) to PowerShell (45%), business communications platforms (41%), and .NET (39%) to rummage around inside networks. An analysis of the telemetry within VMware Contexa, a full-fidelity threat intelligence cloud that’s built into VMware security products, discovered that in April and May of 2022 alone, nearly half of intrusions contained a lateral movement event.
“In order to defend against the broadening attack surface, security teams need an adequate level of visibility across workloads, devices, users and networks to detect, protect, and respond to cyber threats, When security teams are making decisions based on incomplete and inaccurate data, it inhibits their ability to implement a granular security strategy, while their efforts to detect and stop lateral movement of attacks are stymied due to the limited context of their systems.”
Chad Skipper, global security technologist at VMware
Despite the turbulent threat landscape and rising threats detailed in the report, incident responders are fighting back with 87% saying that they are able to disrupt a cybercriminal’s activities sometimes (50%) or very often (37%). They’re also using new techniques to do so. Three-quarters of respondents (75%) say they are now deploying virtual patching as an emergency mechanism. In every case, the more visibility defenders have across today’s widening attack surface, the better equipped they’ll be to weather the storm.
VMware conducted an online survey about trends in the incident response landscape in June 2022, and 125 cybersecurity and incident response professionals from around the world participated. Percentages in certain questions exceed 100 percent because respondents were asked to check all that apply. Due to rounding, percentages in all questions may not add up to 100 percent.
In addition to VMware’s presence at Black Hat USA 2022, there will be more than 100 security talks at VMware Explore, the global multi-cloud industry event taking place August 29 – September 1, 2022 at Moscone Center in San Francisco. Register today to begin building your agenda.
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda.