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Internet-Enabled Crime: 2020 US Losses Exceed $4.2 Billion

FBI reports nearly 792,000 victim reports of suspected internet-facilitated crime last year. That record-setting number was a 69% increase from 300,000 in 2019. Tech-support fraud continued to be lucrative, accounting for more than $146 million in losses last year, the FBI says. The top three crimes reported by victims in 2020 were phishing scams, non-payment or non-delivery scams and extortion. In 2020, reported total losses due to business email compromise scams reached $1.8 billion, with an average loss of $92,932.”]

Source: https://www.databreachtoday.com/internet-enabled-crime-2020-us-losses-exceed-42-billion-a-16211

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