Security News > 2022 > March > Internet crime in 2021: Investment fraud losses soar

Business email compromise/email account compromise scams still have the highest financial toll on victims, but investment fraud has also lead to massive losses last year, FBI's 2021 Internet Crime Report has revealed.

The?2021 Internet Crime Report is based on information from 847,376 complaints about internet-enabled crimes the FBI's Internet Crime Complaint Center has received in 2021 from individuals and entities across the globe.

The number of complaints received in 2021 has surpassed that of complaints in 2020, and the total monetary loss suffered by victims has far outstripped losses suffered in 2020.

The top five cyber crimes reported by victims in 2021 were: phishing/vishing/smishing/pharming scams; non-payment/non-delivery scams, personal data breach, identity theft, and extortion.

Victims of romance scams being pressured into investment opportunities, especially using cryptocurrency.

His most recent blog post offers many examples of investment scams, as well as a true victim story that tells how those victims can be victimized again by fraudsters.

News URL

https://www.helpnetsecurity.com/2022/03/23/2021-internet-crime/