The latest annual FBI report on the state of cybercrime has shown a massive
increase in the amount of money stolen through investment scams.
increase in the amount of money stolen through investment scams.
In fact, after seven years of dominating the charts, businesss email compromise
(BEC) has been knocked off its pole position in the list of losses reported to
the Internet Crime Complaint Center (IC3) by investment fraud complaints, which
have more than doubled from $1.45 billion in 2021 to a staggering $3.31 billion
in 2022.
By comparison, business email