March 28, 2021
FBI: Cybercrime losses topped US$4.2 billion in 2020
Tech support fraud is increasingly becoming a larger problem, with losses from scams surpassing US$146 million, which is a 171% year-on-year increase. Con artists usually try to defraud their victims by offering to resolve non-existent technical issues, such as a software license expiring, or warning them that their email or bank accounts have been “compromised”.