More than $10 billion in losses from online scams were reported to the FBI in 2022, the highest annual loss in the last 5 years.
WASHINGTON — More than $10 billion in losses fromwere reported to the FBI in 2022, the highest annual loss in the last five years, according to a new report from the bureau.
The report tallies a wide variety of fraud complaints — from marketing scams to ransomware — and is a metric for U.S. policymakers in measuring how much hacking and other schemes are costing the American economy. Ransomware, which locks computers until hackers are paid off, accounted for about $34 million in adjusted losses reported to the FBI last year. The relatively modest figure compared to other forms of fraud could be due to the fact that many victim organizations still do not report ransomware attacks to the FBI.
While ransomware tends to get the headlines, a different hacking scheme known as business email compromise leads to far more money stolen from victims in aggregate. This business scheme typically involves someone tricking a victim into wiring them money, often by impersonating a customer or a relative.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Americans lost $10.3 billion to internet scams in 2022, FBI saysAmericans lost $10.3 billion to a wide variety of internet scams last year, according to an FBI report released this month.
Read more »
Applied Materials hikes dividend by 23%, boosts buyback program by $10 billionApplied Materials Inc. is boosting its dividend by 23% percent, the chip-equipment company announced Monday morning. The company’s quarterly dividend is...
Read more »
See the pitch deck a fintech startup used to raise $10 millionInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games – Security Bitcoin NewsThe FBI issued a public service announcement warning (PSA) on the utilization of play-to-earn games to defraud users of funds stored as crypto
Read more »