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Cybercrime Costs Americans $4.2 Bn in 2020: FBI

The FBI received nearly 800,000 cybercrime complaints in 2020, with reported losses of $4.2 billion. In its latest Internet Crime Report for 2020, the...

Hackers Trick Three UK Private Equity Firms into Transferring $1.3 Mn...

Three British private equity firms were duped into making bank transfers worth £1.1 million (around US$1.3 million) following a sophisticated Business Email Compromise (BEC)...

FBI Warns Organizations About Rising Business Email Compromise

Organizations that use cloud-based email systems are at high risk to Business Email Compromise (BEC) attacks, according to a new announcement from the FBI....

Hackers Made US$3.5 Billion in 2019 from Cyberattacks

A report from the Internet Crime Complaint Centre (IC3) revealed that hackers secured as much as US$3.5 billion from cybercrime which were reported to...

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