Fraud is no longer an occasional business disruption—it’s becoming a routine operational hazard. A new report from cybersecurity firm Trustmi finds that 83.6% of enterprises were targeted by social engineering fraud in the past year, with losses often running into the millions. The research underscores an unsettling reality: the biggest vulnerability isn’t just weak technology, but fractured collaboration between finance and security teams. “GenAI has weaponized fraud into a coordinated business attack,” said Shai Gabay, CEO and co-founder of Trustmi. “Attacks now cross multiple systems, exploiting every gap between teams and tools. Without unified visibility and coordination, enterprises will continue to face threats no single control can stop.” Read more: https://lnkd.in/gYad5D8i
