Shulou(Shulou.com)11/24 Report--

CTOnews.com, March 14, according to a report released by the Federal Bureau of investigation (FBI) this month, Americans lost $10.3 billion last year to various online frauds (CTOnews.com Note: currently about 70.658 billion yuan).

The amount is the highest in nearly five years, and the bureau's cyber crime complaint center receives an average of more than 2000 complaints a day, according to the FBI's annual report.

The report shows that the most common type of crime is phishing, in which 300497 victims were caught up in the scam of more than $52 million. "phishing" refers to emails, text messages or phone calls from unknown sources that claim to be from legitimate companies, requiring victims to provide personal information, financial information or login information. Phishing is often successful because phishing emails are often similar to those sent by people the victim knows, prompting them to click on insecure links.

"data breach" and "non-payment fraud" are the second and third most common types of online fraud in the United States in 2022, with 58859 and 51679 victims, respectively.

The blackmail software locks the data on the device and asks the victim to pay a ransom. In 2022, FBI received 2385 complaints identified as blackmail software, resulting in an adjusted loss of more than $34.3 million, the report said. Of all the industries, the most severely attacked by blackmail software is the medical industry, followed by key manufacturing and government departments.

The FBI does not encourage the payment of ransoms to criminals, the report said. "paying ransoms may embolden opponents to attack more organizations, encourage other criminals to participate in the distribution of racketeering software and finance illegal activities. The payment of ransoms does not guarantee that the victim's files will be restored."

Earlier this year, the Justice Department smashed a blackmail software ring called HIVE, which was responsible for 87 incidents targeting critical infrastructure, the report said.

Call centers from India are also reported to be rampant in online fraud, causing more than $1 billion in losses to American victims in 2022. "the vast majority of call centres target the elderly, with almost half of the victims reporting that they are over 60 (46%)," the report said. " Overall, older Americans lost $3.1 billion to Internet fraud in 2022, the most of any age group.

According to the report, the success rate of the FBI in recovering funds for victims is 73%.

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