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FBI Says Online Fraud Doubled in 2009

by Shelley Koerber on Mar.15, 2010, under Computer Security, Cyber Attack, Hacker Scam, Online Fraud

According to FBI reports last week, losses from online fraud rose from $264.6 million in 2008 to $559.7 million in 2009. Last year the Internet Crime Complaint Center (IC3) received 336,655 complaints, a big 22.3% increase from the year before. The IC3 is a partnership between the FBI and National White Collar Crime Center.

The highest percentage of complaints, 16.6%, were email scams that falsely claimed to be from the FBI to gain personal information. The top five categories of reported offenses included non-delivered merchandise and/or payment at 19.9%, identity theft, 14.1%, credit card fraud, 10.4%, auction fraud, 10.3%, and computer fraud, 7.9%.

One popular scam was a phone pitch made by someone sounding like President Barack Obama, encouraging people to visit a website for government stimulus money. Those who visited and paid the $28 in fees after handing over their personal information did not get the promised stimulus check. Another commonly reported scam was fake pop-up ads for malicious anti-virus software. Victims receive ads warning them of threatening viruses on their computer that end up downloading malicious code to their computer after clicking.

Over 86.7% of complaints reported to law enforcement showed a loss of $5,000 or less. The median dollar loss was $575. More than half of the complaints came from males, and 92% came from the United States.  Anyone who uses the internet can be a victim of cybercrime.  Tizer Secure™ offers internet security protection to help keep your personal information safe.

The full internet crime report can be found here.

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