The FBI’s 2019 Internet Crime Report emphasizes the Internet Crime Complaint Center’s (IC3) efforts in monitoring trending scams such as Business Email Compromise (BEC), Ransomware, Elder Fraud, and Tech Support Fraud. In 2019, IC3 received a total of 467,361 complaints with losses exceeding $3.5 Billion.
Looking back to 2018, the trending scams were Business Email Compromise (BEC), Extortion, Tech Support Fraud, and Payroll Diversion. In 2018, IC3 received a total of 351,936 complaints with losses exceeding $2.7 Billion.
Organizations should improve their knowledge of adversary capabilities and common attack vectors while also identifying risks from third parties in the supply chain, and insider threats. Insiders, whether intentional disregard or inadvertent, such as phishing email, are the cause of many security problems.