Jump in overall cybercrime reports, $60M-plus reportedly lost to extortionists alone, Feds reckon
The Feds recorded 880,418 complaints in 2023, which represents almost a 10 percent increase in reports of crime versus a year earlier. The potential monetary loss, however, marks a 22 percent jump from 2022's figures.
Crooks had no qualms about infecting critical infrastructure organizations with ransomware. Of the 16 sectors that fall into this category, healthcare and public health were the hardest hit , followed by critical manufacturing and government facilities . The US counts 16 industries as critical infrastructure, and 14 of these had at least one member report a ransomware attack to the IC3.
We can hope that at least two of these crews, LockBit and ALPHV/BlackCat, will see declining attacks and illicit revenue as 2024 continues, following last month's swaggeringhalf-rate exit scam
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