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 … More

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