2017 Internet Crime Report from the FBI

Last week, the FBI released its 2017 Internet Crime Report, emphasizing the agency’s efforts to monitor trending scams, such as business email compromise, ransomware, tech support fraud, extortion and elder financial abuse. According to the report, the Internet Crime Complaint Center received a total of 301,580 complaints in 2017 with reported losses exceeding $1.4 billion. Of the crimes reported by victims the most prevalent included non-payment/non-delivery, personal data breach and phishing. The top crimes with the highest reported losses included BEC, confidence/romance fraud, and non-payment/non-delivery with a combined reported loss of $1.28 billion. You can access the full report here.