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FBI: Surge in Internet Crime Cost Americans $4.2 Billion

Graphic shows excerpt from a U.S. Department of the Treasury Paycheck Protection Program FAQ document. AP Illustration/Peter…

The FBI says it received a record number of complaints from the public last year about cybercrimes, including scams related to the COVID-19 pandemic, costing Americans a staggering $4.2 billion in losses.

The FBI’s Internet Crime Complaint Center received 791,790 complaints in 2020, an increase of 69% over 2019 and the largest number since the center was created two decades ago, the bureau said in a report released Wednesday.

By comparison, the total reported losses were $3.5 billion in 2019 and $1.5 billion five years ago, according to the report.

The type of online scam known as Business E-Email Compromise (BEC) remained the details ⇒

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