When SMERSH is disbanded, some of its members join SPECTRE which Bond destroys twice before killing its founder and chairman, Blofeld. However, Bond must then fight Scaramanga in order to undo the harmful consequences of his final showdown with Blofeld. Thus, from SMERSH to SPECTRE to Blofeld to Scaramanga.
There is a comparable progression of villainy in Anderson's Time Patrol series:
the Nine who discover time travel in 19352 want to change the past but are prevented by the Danellians;
Rozher Schtein (Stane) from 2987 is an individual time criminal;
the two-hundred-fifth millennium is an age of "Neldorian" bandits;
two Neldorians change history but the Patrol changes it back;
thirty-first millennial Exaltationists are more sophisticated than Neldorians;
even though the Exaltationist leader, Merau Varagan, has been apprehended, his clone-mate, Raor, remains at large;
even when the remaining Exaltationists have been killed or captured, the Patrol must fight against temporal chaos;
chaos is focused through the new concept of a personal causal nexus, a man who, tragically, is not a villain but must be eliminated by the Patrol;
thus, from the Nine to Stane to Neldorians to Exaltationists to Varagan to Raor to chaos to Lorenzo de Conti.
Aycharaych and Varagan join the august band of Moriarty, Carl Peterson, Blofeld, Zala and Max. For these last two, see here. They are all later joined by SM Stirling's Count Ignatieff.