Report: Total Loss Linked To Online Fraud More Than Doubles In 2009

The Internet Crime Complaint Center (IC3), a partnership between the FBI and the National White Collar Crime Center (NW3C), today released the 2009 annual report about fraudulent activity on the Internet.

Online crime complaints increased substantially once again last year, according to the report. The IC3 received a total of 336,655 complaints, a 22.3 percent increase from 2008. The total loss linked to online fraud was $559.7 million; this is up from $265 million in 2008.

Year 	Complaints Received    Dollar Loss 
2009	336,655 	              $559.7 million
2008 	275,284 	              $265 million 
2007 	206,884 	              $239.09 million 
2006 	207,492 	              $198.44 million 
2005 	231,493 	              $183.12 million

Although the complaints consisted of a variety of fraud types, advanced fee scams that fraudulently used the FBI’s name ranked number one (16.6 percent). Non-delivery of merchandise and/or payment was the second most reported offense (11.9 percent).

The 2009 Internet Crime Report details information related to the volume and scope of complaints, complainant and perpetrator characteristics, geographical data, most frequently reported scams and results of IC3 referrals.

“Law enforcement relies on the corporate sector and citizens to report when they encounter on-line suspicious activity so these schemes can be investigated and criminals can be arrested,” stated Peter Trahon, section chief of the FBI’s Cyber Division. “Computer users are encouraged to have up-to-date security protection on their devices and evaluate e-mail solicitations they receive with a healthy skepticism -- if something seems too good to be true, it likely is.”

NW3C Director Donald Brackman said the report’s findings underscore the threat posed by cyber criminals.

“The figures contained in this report indicate that criminals are continuing to take full advantage of the anonymity afforded them by the Internet,” Brackman said. “ They are also developing increasingly sophisticated means of defrauding unsuspecting consumers. Internet crime is evolving in ways we couldn’t have imagined just five years ago.” But Brackman sounded an optimistic tone about the future. “With the public’s continued support, law enforcement will be better able to track down these perpetrators and bring.”

The complete report can be found at http://www.ic3.gov/media/annualreports.aspx.

Featured

  • Maximizing Your Security Budget This Year

    Perimeter Security Standards for Multi-Site Businesses

    When you run or own a business that has multiple locations, it is important to set clear perimeter security standards. By doing this, it allows you to assess and mitigate any potential threats or risks at each site or location efficiently and effectively. Read Now

  • Getting in Someone’s Face

    There was a time, not so long ago, when the tradeshow industry must have thought COVID-19 might wipe out face-to-face meetings. It sure seemed that way about three years ago. Read Now

    • Industry Events
    • ISC West
  • Live From ISC West 2024: Post-Show Recap

    ISC West 2024 is complete. And from start to finish, the entire conference was a huge success with almost 30,000 people in attendance. Read Now

    • Industry Events
    • ISC West
  • ISC West 2024 is a Rousing Success

    The 2024 ISC West security tradeshow marked a pivotal moment in the industry, showcasing cutting-edge technology and innovative solutions to address evolving security challenges. Exhibitors left the event with a profound sense of satisfaction, as they witnessed a high level of engagement from attendees and forged valuable connections with potential clients and partners. Read Now

    • Industry Events
    • ISC West

Featured Cybersecurity

Webinars

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings. 3

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction. 3