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.
New declassified ruling shows how FBI abused the constitutional privacy rights of U.S. citizens in 2017 and 2018 by using NSA surveillance data to conduct backdoor searches.
The total cost of cybercrime jumped to $12.5 billion in 2023, and the FBI logged a record 880,418 complaints (a 10% increase from the previous year). This is in part being fed by ransomware attacks, which came close to doubling in total cost from 2022 to 2023.
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.
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.
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.
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.
FBI warned of increased Conti ransomware attacks against the healthcare system and first responder networks At least 16 organizations were targeted.
FBI is issuing more cyber security alerts than usual, covering human trafficking, COVID-19 scams, vulnerabilities in networking platforms and cloud-based business email compromise campaigns.
