In March 2021, the US Federal Bureau of Investigation (FBI) released its 2020 Internet Crime Report (ICR) data. The report indicated that the bureau had logged over 791,790 incidents of cybercrime in 2020, which resulted in about $4.2 billion in losses. This number rose by almost 69% in comparison to 2019.
Online fraud and identity theft are growing concerns. There is always a chance of a fraudster lurking in the background to grab the right opportunity to take over your digital accounts. But the good news is that agencies, companies, and countries are coming together to close the security gaps and stop fraudsters from preying on online customers. |
