FBI Report Shows a Sharp Cybercrime Increase Over the Last Five Years

According to the FBI’s annual report on cybercrime, in 2016, nearly 300,000 cybercrime reports were filed with the FBI. The total impact of the cybercrimes was $1.5 billion.  In late 2020, the number of crimes reported more than doubled to almost 800,000. The rate of loss skyrocketed to $4.2 billion, a 180 percent increase.  However, despite the cybercrime … Continue reading FBI Report Shows a Sharp Cybercrime Increase Over the Last Five Years