Search The Posts
$240 Worth of Online Losses for 2007
Research shows that internet crimes for 2006 amounted to losses reaching $240 million; this is an increase of 20% compared to the previous year. The Internet Crime Report stated that there are new areas of scams that are growing at a quick pace including dating frauds and even the purchase of pets.
The Internet Crime Report Center (IC3) is operated by the FBI together with the National White Collar Crime Center. It received 206,884 complaints during 2007 with regards to cyber crime; from this figure, around 90,000 were transferred to law enforcement for solutions and follow-up but the dollar value of these cases are put at around the $240 million figure.
According to FBI Cyber Division Assistant, “The internet presents a wealth of opportunity for would-be criminals to prey on unsuspecting victims” and indeed, everyone knows this to be true. And if the several million estimated amount of losses look big, even more astounding is that not all crimes get reported to the FBI so the total losses are unknown.
But what remains consistent in 2007 from the previous years is the fact that auction scams still remains to be the most common type of online crime. Many people still complain of sellers not delivering on the product after payment has been made.
Popularity: 2%
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
If you found this page useful, consider linking to it.
Simply copy and paste the code below into your web site (Ctrl+C to copy)
It will look like this: $240 Worth of Online Losses for 2007