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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Cybercrime Has Leveled Up – Has Your Security Awareness?
🚨 New Age Cybercrime Tactics Are Outsmarting Your Team
🧠 Adversaries now use:
Fake software updates
Malvertising
Telegram-based phishing kits
AI-generated social engineering lures
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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.
🧠 Attackers are betting your team will panic and pay – are they right?
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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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