Cybercrime is Growth Business

And we all pay the price. Literally pay, in the form of higher fees, higher prices, etc. Cybercrime’s Total Earnings Skyrocketed to $2.7 Billion Says the FBI.

FBI’s Internet Crime Complaint Center (IC3) published its 2018 Internet Crime Report which shows that cybercrime was behind $2,7 billion in total losses during 2018 as shown by 351,936 complaints received during the last year.

And that is FBI, so US-only, and only for “complaints received.” If people pay the ransomware fee, or just restore from backups, they might not notify the FBI. (Especially if they pay.)