Financial losses from internet-enabled cyber crimes have continued to grow and were responsible for the loss of $2.7 billion in 2018, according to the FBI Internet Crime Complaint Center (IC3) annual Internet Crime Report for 2018 published last month.






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The number of reported Internet crimes and the costs incurred by those crimes are on the rise, according to the FBI Internet Crime Complaint Center’s recently released 2016 Internet Threat Report. The “hottest” Internet crimes of 2016 were business email compromise, ransomware, tech support fraud, and extortion.






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