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Internet Crime Up 33 Percent, FBI Reports

Channel Web 03/30/2009 15:24
Internet Crime Up 33 Percent, FBI Reports - internet - crime - FBI


Internet-based crime increased by 33 percent last year, making 2008 the biggest year ever for reported cybercrime incidents, according to an Internet Crime Complaint Center annual report.



The ICCC, a nonprofit organization run by the FBI and the National White Collar Crime Center dedicated to monitoring online fraud, issued a report Monday showing that fraud losses incurred from cybercrime reached a total of $264.6 million in 2008, compared to $239.1 million the previous year, Reuters reports. Losses in recent years pose a sharp contrast to cybercrime losses of $18 million in 2001.

"2009 is shaping up to be a very busy year in terms of cybercrime," said John Kane, director of the National White Collar Crime Center based in Richmond, Va., and the report's author, to Reuters.


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