Collaborate Disseminate
U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out. Continue reading Massive Losses Define Epidemic of ‘Pig Butchering’
For years I have been encouraging people to report their instances of Cybercrime to the FBI’s Internet Crime & Complaint Center, IC3.gov. Based on the number of reports, people are finally doing just that. The growth in reporting over t… Continue reading IC3.gov 2019 Internet Crime Report: Its All About that BEC
The Internet Crime & Complaint Center, IC3.gov, publishes annual statistics about the crimes which have been reported to them during the previous calendar year. The full report offers insights and analysis into current trends in cybercrime.&… Continue reading IC3.gov: BEC Compromises and Romance Fraud 2018
Online extortion, tech support scams and phishing attacks that spoof the boss were among the most costly cyber scams reported by consumers and businesses last year, according to new figures from the FBI’s Internet Crime Complaint Center (IC3).
The IC3 report released Thursday correctly identifies some of the most prevalent and insidious forms of cybercrimes today, but the total financial losses tied to each crime type also underscore how infrequently victims actually report such crimes to law enforcement. Continue reading FBI: Extortion, CEO Fraud Among Top Online Fraud Complaints in 2016