FBI Reports Cybercrime Hit $3.5 Billion In 2019

Posted by at 3:12 pm on February 12, 2020

Criminals scored $3.5 billion in 2019 from crimes per a reported by FBI’s Internet crime complaint center (IC3).

It received 467,361 complaints from individuals and businesses during the year and has had nearly five million since its inception in 2000.

Phishing and extortion remain the most popular ways of scamming people. The report notes the tactics becoming more sophisticated, making it harder for people to tell “real from fake”. This is especially true of web and email addresses.

Last year IC3 had 13,633 complaints from victims of so-called tech-support fraud, which involves a scammer phoning an individual and claiming there is a problem with their computer that needs immediate fixing.

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