Cyber-enabled crimes cost U.S. citizens $3.5 billion in 2019

Cyber-enabled crimes cost U.S. citizens $3.5 billion in 2019

| | cybercrime, FBI, Fraud, IC3, Industry News
The Internet Crime Report recently released by the FBI’s Internet Crime Complaint Center (IC3) sheds light on Internet-related crimes. The data analyzed covers a year’s worth of cybercrime complaints from consumers and ...
Spear phishing is now the main attack vector for cybercriminals, says Europol

Spear phishing is now the main attack vector for cybercriminals, says Europol

Spear phishing is the number one cyber-threat to organizations in the European Union, according to the European Cybercrime Centre (EC3), a group of cybersecurity experts set up by Europol to help fight ...
Cybercrime victims report $2.71 billion in damages to the IC3 in 2018

Cybercrime victims report $2.71 billion in damages to the IC3 in 2018

The Internet Crime Complaint Center (IC3), a cybercrime-focused division of the US Federal Bureau of Investigation (FBI), registered over 350,000 complaints of suspected Internet crime in 2018 that cost the complainants upwards ...
How Do You Fight a $12B Fraud Problem? One Scammer at a Time

How Do You Fight a $12B Fraud Problem? One Scammer at a Time

The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware ...

Monday, June 11: Dtex, Insider Threat in the News — DOJ Makes $21M BEC Bust, Insider Error Caused 3 of 7 Breaches Reported in California Last Week

This morning, the US Department of Justice announced that 74 arrests were made during operation “Wire Wire.” The multi-national law enforcement agency effort collared criminals running Business Email Compromise (BEC) scams. BEC ...