Collaborate Disseminate
If you have been optimistically daydreaming that losses attributed to cybercrime might have reduced in the last year, it’s time to wake up.
The FBI’s latest annual Internet Crime Complaint Center (IC3) report has just been published, and makes for s… Continue reading $12.5 billion lost to cybercrime, amid tidal wave of crypto investment fraud
Business email compromise again proved costliest, at $2.4 billion, according to the bureau’s Internet Crime Complaint Center
The post FBI: Cybercrime reports saw ‘unprecedented’ rise last year, costing nearly $7B appeared first on CyberScoop.
Continue reading FBI: Cybercrime reports saw ‘unprecedented’ rise last year, costing nearly $7B
QR codes are among the few “winners” of the coronavirus pandemic, the joke goes, because restaurants and other businesses have deployed them in far greater numbers over the past few years, in an effort to make more interactions contactless. The FBI is warning, however, that scammers love them, too. The bureau’s Internet Crime Complaint Center (IC3), issued a general alert Tuesday about “malicious” QR codes that reroute unsuspecting consumers to the world of cybercrime. “[C]ybercriminals are taking advantage of this technology by directing QR code scans to malicious sites to steal victim data, embedding malware to gain access to the victim’s device, and redirecting payment for cybercriminal use,” the announcement says. The FBI’s warning is the latest in a long string of advisories from cybersecurity researchers or government agencies about the threat posed by QR codes. Last week, Ars Technica reported on fake QR codes on fake QR codes that were […]
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According to a newly-published report by the FBI’s Internet Crime Complaint Center (IC3), the elderly are more at risk from falling victim to online fraud and internet scammers than ever before.
Read more in my article on the Hot for Security blog. Continue reading One billion dollars lost by over-60s through online fraud in 2020, says FBI
The FBI is reminding organisations of the serious threat posed by business email compromise (BEC) scams, declaring that it caused over $1.8 billion worth of losses to businesses last year.
Read more in my article on the Tripwire State of Security blog. Continue reading 64 times worse than ransomware? FBI statistics underline the horrific cost of business email compromise
Posts about money or family trouble are being used to gain trust by those who force victims into sex work or slavery, the FBI warns. Continue reading Human traffickers use social media oversharing to gain victims’ trust
The FBI has warned users of Microsoft Office 365 and Google G Suite hosted email about Business Email Compromise (BEC) scams. Continue reading Watch out for Office 365 and G Suite scams, FBI warns businesses
A special unit inside the FBI helped victims of cybercrime recover $300 million of the roughly $3.5 billion in reported losses in 2019, according to a top bureau official. Tonya Ugoretz, a deputy assistant director in the cyber division at the FBI, said Monday the Internet Crime Complaint Center (IC3) responded to more than 467,000 complaints in 2019, up from 351,937 complaints in 2018. Each one of the nearly 500,000 complaints submitted to the FBI was analyzed by an individual human who then determines whether to begin an investigation and, in some cases, try to recover stolen funds, Ugoretz said. The FBI first quantified the figures from last year in its annual IC3 report, published earlier this month. The same report included details about how reported losses from ransomware attacks doubled in the past year to $8.9 million, though the true figure likely is much higher, and that attacks increasingly […]
The post An FBI unit recovered $300 million of $3.5 billion in reported cybercrime losses last year appeared first on CyberScoop.
The FBI’s Internet Crime Report shows that business email comprise is the biggest money-maker for cybercriminals. Continue reading FBI: Cybercrime tore a $3.5b hole in victims’ pockets last year
Cybercriminals double down on successful internet scams, with a focus on phishing, BEC and other defrauding schemes that have proven to work. Continue reading FBI: $3.5B Lost in 2019 to Known Cyberscams, Ransomware