The US Federal Trade Commission (FTC) released a staggering dataset that confirms what many defensive teams have long suspected: social engineering is no longer just a tactical entry point; it is a booming macroeconomic industry. According to the FTC's latest report, consumers reported losing a record $3.5 billion to imposter scams, nearly three times the losses reported since 2020. Imposter scams now dominate the threat landscape, accounting for nearly one in three of all fraud reports filed.
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In the modern corporate landscape, cybersecurity has long been viewed as a necessary expense a "grudge purchase" designed to prevent disaster. A groundbreaking study presented at the 59th Hawaii International Conference on System Sciences (HICSS) | 2026 provides the first empirical evidence that cybersecurity is a driver of financial success. The paper, titled "Effects of Cybersecurity Readiness on Firm Performance: Evidence from Conference Calls," introduces a novel way to measure a company's
