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Reading the FBI IC3’s ‘2020 Internet Crime Report’

Security Affairs

The FBI’s Internet Crime Complaint Center has released its annual report, the 2020 Internet Crime Report , which includes data from 791,790 complaints of suspected cybercrimes. Data that emerged from the report are worrisome, in 2020 the reported losses exceeded $4.2 ” reads 2020 Internet Crime Report.

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State of Cybercrime 2020: FBI Report

SecureWorld News

Here is the report's opening paragraph: "In 2020, while the American public was focused on protecting our families from a global pandemic and helping others in need, cyber criminals took advantage of an opportunity to profit from our dependence on technology to go on an Internet crime spree. Business Email Compromise 2020.

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Would You Have Fallen for This Phone Scam?

Krebs on Security

You may have heard that today’s phone fraudsters like to use use caller ID spoofing services to make their scam calls seem more believable. ” The incident Jim described happened in late January 2020, and Citi may have changed its procedures since then. “I was appalled that Citi would do that.

Scams 359
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Arrest in ‘Ransom Your Employer’ Email Scheme

Krebs on Security

The investigator — we’ll call him “George” — said the 23-year-old Medayedupin lives with his extended family in an extremely impoverished home, and that the young man told investigators he’d just graduated from college but turned to cybercrime at first with ambitions of merely scamming the scammers.

Scams 263
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BEC Still #1, but Investment Fraud passes Romance Scams

Security Boulevard

The number of complaints increased by 7% to 847,376 from 2020 to 2021, however the reported losses increased by 64% year over year to $6.9 For several years, the #1 Cybercrime type has been Business Email Compromise followed by the #2 of Romance Scam. 2020 Losses. 2020 Victims. Identity Theft.

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The FBI’s Internet Crime Complaint Center Logs its Six Millionth Complaint

Hot for Security

The FBI’s Internet Crime Complaint Center (IC3) has been providing the public with reliable cybercrime reporting systems for 20 years. In that time, the IC3 has developed into a go-to platform for victims of fraud, online scams, identity theft, and other cyber-related crimes that have inflicted losses of over $10 billion.

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You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

billion in BEC scam-related losses the year before. With the W2 variety, a citizen of the c-suite requests all the W2s from human resources or accounting–thereby collecting a rich file of personally identifiable information that can be used to commit tax-related fraud as well as all stripe of identity theft.

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