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 increase, the IC3 Recovery Asset Team scored an 82 percent success rate in helping victims recover money transferred to criminals. Nearly $380 million was restored to victims of cybercrime.
To learn about recent data breaches, consumers and businesses should visit the ITRC’s new data breach tracking tool, notified.
For more information, or if someone believes they are the victim of identity theft, consumers can contact the ITRC toll-free at 888.400.5530 or via live-chat on the company website www.idtheftcenter.org.
Also In Season 2
The Weekly Breach Breakdown Podcast by ITRC - Sharing is Not Caring - S2E17This week we’re going to talk about how your parents, grandparents, and teachers
The Weekly Breach Breakdown Podcast by ITRC - Alphabet Soup - S2E16Each week we look at the most recent events and trends related to data security
The Weekly Breach Breakdown Podcast by ITRC - Come What May - S2E15Each week we look at the most recent events and trends related to data security
The Fraudian Slip Podcast ITRC - Evolution of Privacy - Special Guest SynchronyOn this month’s Fraudian Slip podcast, we are talking about the evolution of pri