From helpnetsecurity.com
Extortion has become the second most often reported type of cybercrime, but BEC/EAC scams still reign supreme when it comes to monetary loss (or criminals’ earnings), the latest IC3 Internet Crime Report has revealed.
BEC/AEC scams are the most lucrative
In 2017, FBI’s Internet Crime Complaint Center (IC3) reported that the BEC/EAC complaints they dealt with (15,609) came with an approximate $676 million loss. In 2018, the BEC/EAC complaints were 20,373, but the losses reached nearly $1.3 billion.
