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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CIOs Question Security ROI – Why Investment Isn’t Enough
🚨 Security Spending Isn’t Delivering ROI
🔍 88% of organizations still saw cybersecurity incidents last year even amid high investment levels.
⚠️ Nearly half of CIOs believe they have overpaid for tools with features they never use.
💡 Just 58% feel confident identifying gaps in their security coverage.
🔐 AI-driven attacks and deepfakes now rank among the top threats alongside phishing and malware.
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AI Dominates Cybersecurity Challenges: A Wake-Up Call
🚨 AI is outpacing humans in cybersecurity challenges.
🤖 In recent CTF competitions, AI teams ranked in the top 5% and 10%, surpassing thousands of human participants.
🔍 Tasks like application exploitation, reverse engineering, and cryptography were tackled with remarkable speed and accuracy.
⚠️ Yet, AI still faces challenges in creative problem-solving and contextual understanding.
🔐 The future of cybersecurity lies in the synergy between AI and human expertise.
💡 Stay ahead of the curve.
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The Rising CISO: Bridging IT and OT Cybersecurity
🔐 CISOs Now Guarding OT Security
In 2025, over half of organizations now assign OT security to CISOs, up from 16% in 2022. This shift highlights the urgent need for integrated cybersecurity across IT and OT systems.
As OT networks become more connected to IT infrastructure, the potential impact of cyber threats on critical operations escalates. CISOs are now responsible for unifying defenses, leveraging AI-driven analytics, and implementing threat intelligence to prevent disruptions.
Organizations with integrated OT-IT security report up to a 93% reduction in incidents, demonstrating measurable results. Executives and security leaders must embrace this strategic change to safeguard critical assets and ensure operational continuity.
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