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Cybercrime·Fraud & Identity Theft

BEC Fraud Losses Grew to $1.3 Billion in 2018: FBI

The 2018 Internet Crime Report (ICR) shows that both the incidence and cost of internet crime continues to escalate. Complaints rose 14.3% from 2017 to 351,937 in 2018. Associated losses increased by 90.8% from $1,418.7 million to $2,706.4 million over the same period. The post BEC Fraud Losses Grew to $1.3 Billion in 2018: FBI appeared first on SecurityWeek.

The 2018 Internet Crime Report (ICR) shows that both the incidence and cost of internet crime continues to escalate. Complaints rose 14.3% from 2017 to 351,937 in 2018. Associated losses increased by 90.8% from $1,418.7 million to $2,706.4 million over the same period.

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