Investment scams that involve grooming a target to invest in fraudulent endeavors took off like a rocket in 2022 and led all cyber crime, racking up $3.3 billion in losses on the year.
In 2018, 351,936 complaints were filed with the FBI, averaging around 900 a day, and these successful internet crime schemes resulted in about $2.7 billion in personal and business losses.
The FBI and IC3’s recently released 2020 Internet Crime Report reveals that complaints of cyber crime nearly doubled from 2019, hitting an all-time record total of 791,790.
Describing cyber threats as one of its primary challenges, the FBI is asking for an additional $64 million in 2024 to add 192 new positions and improve its cyber capabilities. Much of the budget request focuses on the looming threat that China poses.
The FBI confirmed that North Korea’s state-sponsored hacking group Lazarus carried out the $100 million Horizon bridge crypto theft. The agency said it successfully stopped the transfer of some stolen assets and subsequently published wallet addresses with purloined cryptocurrencies.
Ransomware attacks are potentially very damaging But there are far more serious threats according to FBI’s Cybercrime Report. It’s your email that’s the issue.
The FBI and its European partner law enforcement agencies have dismantled the cybercrime infrastructure of the Radar/Dispossessor ransomware group, a LockBit knockoff.
The FBI software is used for keyword-based social media tracking and advertises a "predictive analytics" feature, leading to natural questions about its potential use for surveillance.
FBI warned of increased Conti ransomware attacks against the healthcare system and first responder networks At least 16 organizations were targeted.
Recent FBI Flash notification warns that 52 critical infrastructure firms have been hit by Ragnar Locker ransomware as of January 2022 and remains a serious threat, with considerable penetration among critical infrastructure companies.
