window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-20840989-1');

WARNING

We've detected that you're using Internet Explorer which is an old, insecure browser and incompatible with many modern features.
Our Customer Portal is not available for Internet Explorer users and we recommend using Chrome, Firefox or other modern browsers for best user experience and full functionality.

FBI reports 2020 cyber-crime surge

The US Federal Bureau of Investigation says that more than $4 Billion was lost through cyber-attacks during 2020 by American businesses and individuals.

CNC

An FBI report, using data from the FBI’s Internet Crime Complaint Centre (IC3), says that 20 per cent more money was lost in 2020 than in 2019. Victims also reported more than 2,000 incidents a day on average, up from 1,200 a year earlier.

The three most popular forms of cyber-attack in 2020 were business email compromise (BEC), ransomware and customer support impersonation.

BEC incidents were reported more than 19,000 times, resulting in approximately $1.8 billion in losses. This compared with 23,775 complaints and $1.7 billion in damages in 2019. So, last year, cyber criminals appear to have cast a smaller net but were more successful.

Ransomware

Ransomware attacks were also more damaging. The FBI received a total of 2,747 ransomware complaints, accounting for $29.1 million in losses – significantly higher than 2019.

And US citizens were defrauded to the tune of $146 million through tech support scams, with losses up 171 per cent on the previous year. The scams were usually joint efforts between overseas call centres and US-based criminals. Most of the victims were 60 years of age or older.

Gary Jowett, from Computer & Network Consultants (CNC) in Brighton, said: “The FBI report is alarming because the experience of businesses and individuals in the UK is likely to be similar. As cyber security measures improve, criminals find new ways to breach our defences. That is why it is important to be naturally wary of any communications purporting to come from online services you regularly use including banks, the tax office, and retailers. No such organisation would usually invite you to click on an email link in an unsolicited email or text message.”

Newsletter Archives

By |2021-08-18T09:52:06+01:0018th August 2021|Tech News|Comments Off on FBI reports 2020 cyber-crime surge

About the Author:

We use cookies to ensure that we give you the best experience on our website. We also use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the CNC website. However, if you'd like to find out more please visit our Legal and Privacy policy page. Accept