The annual cost of cybercrime is about $388 billion, including money and time lost, expert says. Cybercrime is at “an all-time high,” but combating it is a top priority for the FBI and other agencies. The Secret Service made about 1,200 cybercrime-related arrests last year, an official says. The FBI is currently investigating more than 400 cases involving unauthorized wire transfers from bank accounts of U.S. businesses, he adds. Cybercriminals are taking advantage of the growing amount of personal information online and the ability to share attack tools.”]

