Industry News: Cyber

FBI: Cybercriminals Set New Record in 2018 by Causing More than $2.7 Billion in Reported Losses

Written by Cybersecurity | May 3, 2019 8:08:59 PM

2019-04-23

TheWashingtonTimes: Financial losses caused by cybercrimes reported to the FBI nearly doubled in 2018 over the year before, according to a government report released Monday. The FBI’s Internet Crime Complaint Center (IC3) received 351,936 complaints in 2018 involving incidents that caused combined losses totaling $2.71 billion, the office said in its annual report. By comparison, the IC3 received 301,580 complaints in 2017 totaling $1.42 billion in losses...

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