by winston » Tue Mar 31, 2009 11:37 pm
Cybercrime complaints up 33 pct in 2008: FBI
AFP - Tuesday, March 31WASHINGTON (AFP) - - The number of complaints about Internet crime soared by 33 percent last year over the previous year with total dollar losses rising nearly 11 percent, the FBI reported on Monday.
The Internet Crime Complaint Center (IC3), a partnership between the Federal Bureau of Investigation and National White Collar Crime Center, said 275,284 complaints of Internet crime were received in 2008, up from 206,884 in 2007.
Total dollar losses reported rose by 10.8 percent in 2008 to 265 million dollars from 239 million dollars in 2007, it said in its annual report.
It said the average individual loss from Web crime last year was 931 dollars.
"This report illustrates that sophisticated computer fraud schemes continue to flourish as financial data migrates to the Internet," FBI Cyber Division assistant director Shawn Henry said in a statement.
"It also underscores the need for continued vigilance on the part of law enforcement, businesses, and the home computer user to be aware of these schemes and employ sound security procedures."
The complaints received by the IC3 ranged from auction fraud to credit or debit card fraud to computer intrusions to spam or unsolicited e-mail to child pornography.
The report said 72,940 complaints were referred to federal, state, and local law enforcement agencies around the country for further consideration.
It said the most common complaints concerned non-delivery of merchandise and/or payment, comprising 32.9 percent of referred complaints.
Internet auction fraud accounted for 25.5 percent of referred complaints while credit or debit card fraud made up nine percent.
The report also found that men tended to lose more money to Internet fraud than women -- with males losing 1.69 dollars to one dollar lost per female.
"This may be a function of both online purchasing differences by gender and the type of fraudulent schemes by which the individuals were victimized," the report said.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"