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Cyril Simonnet's avatar

Institutional inertia is a powerful force when organizations prioritize established habits over modern reality. This pattern of repeating past mistakes shows how deep the disconnect between leadership strategy and operational execution can run. When institutions fail to adapt their internal controls to the current threat environment, they leave the door wide open for sophisticated attackers. Bank transfer fraud in France is up 170 percent because attackers exploit these exact gaps in organizational oversight. Treating this as a finance issue rather than a fundamental security failure is why the numbers keep climbing. We have to shift our perspective to see these gaps as operational vulnerabilities that require a complete change in how we verify trust.

https://cyrilsimonnet.substack.com/p/bank-transfer-fraud-in-france-is

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