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.
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.
A blast of thousands of fake emails from the FBI named security professional Vinny Troia as a criminal. Troia believes the perpetrator is affiliated with several different criminal groups and also running a “white hat” security firm in Canada.
Ransomware gangs search for non-public financial information that could affect stock prices during mergers and acquisitions and threaten to publish it to coerce the victim to pay.
It has been discovered that the FBI quietly held on to the Kaseya decryption key for three weeks prior to making it available to the public in a bid to "disrupt" the attack.
There has been considerable debate about banning ransomware payments as a means of curbing the explosive growth of the crime Assistant director of the FBI's cyber division weighed in, suggesting that it would create a new avenue of extortion.
FBI warned of increased Conti ransomware attacks against the healthcare system and first responder networks At least 16 organizations were targeted.
The FBI says Americans lost billions from the record number one million complaints of online scams and investment fraud schemes reported during the pandemic.
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.
Proposed amendment to Section 215 of the PATRIOT Act to limit FBI's access to search and web browsing history has failed to pass by one vote.