FBI: Cybercrime losses exceeded $4.2 billion in 2020
The Federal Bureau of Investigation has released its yearly internet crime report, and according to the US government, 2020 was a record year for cybercrime operations. According to the 2020 Internet Crime Report, the FBI said it received 791,790 internet and cybercrime complaints in 2020, more than 69% than the 467,361 reports it received in 2019. Total losses were also up. The FBI said victims reported more than $4.2 billion in lost funds last year, 20% up from the $3.5