Internet crime complaints boost in 2020 due to the pandemic
Suspected internet crime complaints increased by 69% in 2020 compared to 2019 in the US, according to figures released in the FBI’s 2020 Internet Crime Report.
Total complaints reached 791,790 last year, representing a rise of more than 300,000 compared to 2019. This resulted in total recorded losses of more than $4.1bn to victims, as cyber-criminals took advantage of the shift to online services as a result of COVID-19 lockdown restrictions.
The report from the Internet Crime Complaint Center (IC3) found that business email compromise was the costliest scam technique employed.
The three most prominent forms of internet crime reported were phishing, followed by non-payment/non-delivery scams, and extortion.
Source: infosecurity-magazine.com
