Internet-Enabled Crime: 2020 US Losses Exceed $4.2 Billion

This Data Breach alert was published at 18.03.2021 19.04 on Data Breach Today.

$1.8 Billion Stolen via Business Email Compromise Scams, FBI Reports
Internet-enabled crime has surged during the pandemic, with more than $4.2 billion in losses reported by victims to U.S. authorities in 2020. The most lucrative type of crime continues to be business email compromise scams, which last year accounted for at least $1.8 billion in losses, the FBI reports.

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