Security News > 2021 > May > Victims lose millions to healthcare related eCrime

Victims lose millions to healthcare related eCrime
2021-05-25 04:00

Victim losses from healthcare related eCrime in the U.S. rose by 2,473 percent during 2020 as the COVID-19 pandemic swept through the nation and world, CrowdStrike reveals.

Healthcare eCrime describes a scheme attempting to defraud private or government healthcare programs, affecting healthcare providers, companies, or individuals.

According to analysis of the latest data released by the FBI's Internet Crime Complaint Center, of the $4.2 billion lost to eCrime in the U.S. in 2020, nearly $30 million of victim losses resulted from healthcare cybercrime.

Overall, victims in the U.S. lost $29,157,405 in 2020. . Healthcare a key target to ransomware attacks.

The IC3 received over 28,500 COVID-19 related complaints from both businesses and individuals in 2020 and 791,790 complaints for all types of eCrime - up from 467,361 in 2019. .

In the past five years, victim losses from eCrime in the U.S. totaled over $13.3 billion and losses have grown each year since 2017.


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