According to ZDNet: Scam-as-a-Service operation made more than $6.5 million in 2020
“Classiscam” operation is made up of around 40 groups operating in the US and across several European countries.
Read more about Examples and Numbers of Social Engineering attacks ›
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Payments Fraud Is Skyrocketing – Why Training People Is Your First Line of Defense
💸 79% of Businesses Hit by Payments Fraud in 2024
🚨 Most breaches weren’t technical – they were human errors.
📧 BEC scams are fooling finance teams with fake internal requests.
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DORA Is Coming – Why Financial Institutions Can’t Afford to Wait
🚨 DORA Deadline Is Closer Than You Think
🕒 Financial firms are scrambling to meet DORA’s strict 2025 deadline.
⚙️ Legacy systems and slow training processes are exposing critical gaps.
🧠 Staff aren’t equipped for real-time threat detection – yet.
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Phishing Attacks Surge 175% – Is Your Team Ready?
🚨 Phishing Attacks Soar 175% – Are Your People Prepared?
📈 A massive 175% jump in phishing hits BFSI in H1 2024.
⚠️ These attacks are smarter, more personal, and harder to detect.
🧠 The weak link? Still human error – but that’s fixable.
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