How IT services provider Kyndryl is making cybersecurity training more fun [Fortune]
Kyndryl Holdings, Inc. (KD)
Company Research
Source: Fortune
In 2024, Kyndryl has already experienced four separate waves of text message-based phishing attacks that seek to trick employees into making fraudulent financial transactions. Some of the messages feature a photo of Schroeter in the contact information, in an attempt to make the text appear more authentic. Fraudsters have also taken audio and video from Schroeter's media interviews and quarterly earnings calls to create deepfake videos and audio messages, to send to employees. “The tactics have changed a bit over time, but it's still very sophisticated,” says Cory Musselman, Kyndryl's chief information security officer. The text-based fraud campaigns that feature Kyndryl's CEO, known internally as “fake Martin,” first started in 2021 when the company spun out from IBM . But there's been an acceleration in the pace of attacks and the bad actors have gotten savvier by targeting employees who are more likely to be within Schroeter's direct orbit. As is typical with such cyber atta
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- How IT services provider Kyndryl is making cybersecurity training more fun [Yahoo! Finance]Yahoo! Finance
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- Kyndryl: Strong Consultancy Business To Help Drive Gen AI Adoption (Rating Upgrade) [Seeking Alpha]Seeking Alpha
KD
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- 7/31/24 - Beat
KD
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- 8/7/24 - Form 10-Q
- 8/5/24 - Form 4
- 8/5/24 - Form 4
- KD's page on the SEC website