Back Issues This Week → Current Issue → Popular →

All issuesVolume 330, Issue 1IT NewsCxO

GenAI is Fueling Smarter Fraud, But Broken Teamwork Is The Real Problem

Help Net Security, Monday, September 1st, 2025

More than 80 percent of large U.S. companies were targeted by socially engineered fraud in the past year, according to Trustmi's 2025 Socially Engineered Fraud & Risk Report. Nearly half of those organizations reported a direct financial loss, with many incidents costing more than $500,000.

The findings show that these attacks are recurring problems that disrupt operations, trigger audits, and shake trust across the business. CISOs who treat fraud as a rare finance problem may be missing its broader impact.

more →  ·  More from CxO →