Cyber

FBI: Reported Internet Crimes Topped $1.4 Billion

“The FBI’s Internet Crime Complaint Center (IC3) logged more than 301,000 complaints of Internet crimes last year that resulted in losses of more than $1.4 billion — and that’s just from consumers and businesses that reported incidents to the bureau.

Victims who reported attacks to the IC3 mostly were hit with so-called non-payment/non-delivery scams, personal data breaches, and phishing attacks. The most-costly types of Internet crimes reported to the FBI were business email compromise (BEC), confidence/romance fraud, and non-payment/non-delivery scams.

Ransomware, the darling of the cybercrime and nation-state hacker scenes, actually declined in 2017, according to the FBI IC3 data, from 2,673 complaints in 2016 to 1,783 last year. Victims of ransomware lost more than $2.3 million last year, versus $2.4 million in 2016.”

Source: FBI: Reported Internet Crimes Topped $1.4 Billion …

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