The IC3, or Internet Crime Complaint Center, a division of the FBI, has released their yearly report, showing a 10% rise in the number of reported cybercrimes compared to the previous year. The FBI received over 880,000 complaints from cybercrime victims in the United States, resulting in reported losses of over $12.5 billion. This marks a 22% rise from the previous year. In the last five … [Read more...] about Cybercrime Losses Surpass $12.5 Billion, According to FBI Report
cybercrime
Cybercrime during COVID-19: 5 things every CISO needs to know
Due to COVID-19, most countries worldwide are facing economic recessions and a rise in online fraud attempts. The recession due to COVID-19 may drive up cybercrime by 35%, according to one estimate. It is worth noting that during the 2008 recession, countries like Brazil and Spain suffered economic downturns that led to a rise in cybercrimes. It is difficult to predict the increase in … [Read more...] about Cybercrime during COVID-19: 5 things every CISO needs to know