IC3’s Annual Report Released05/25/2016
Mollie Halpern: More than $1 billion dollars in reported losses were sustained from Internet crime in 2015.
For the first time, the FBI’s Internet Crime Complaint Center Annual Report shows a breakdown in types of crimes.
The three trends in which victims suffered the most financial loss were ransomware, business e-mail compromise, and e-mail account compromise scams.
Cyber Division Assistant Section Chief Brett Leatherman says the threat from ransomware is expected to get worse.
Brett Leatherman: We estimate that in the coming year we’re going to see a significant uptick in the amount of complaints as well as the amount of dollar losses associated with ransomware for both individuals and corporations.
Halpern: Cyber criminals are becoming more sophisticated in the way they use ransomware to target their victims.
Leatherman: In recent months we’ve seen ransomware target hospitals and some other areas of businesses.
Halpern: To see the full report, file Internet fraud complaints, and learn how to protect yourself from crime on the web, visit www.ic3.gov. With FBI, This Week, I’m Mollie Halpern of the Bureau.