Feeds

FBI: Internet crime pays

Your money or your life...

Beginner's guide to SSL certificates

Cyber-crime is alive and kicking in the USA, and playfully swimming through its riches like Scrooge McDuck in a money vault, the FBI's Internet Crime Complaint Center annual report reveals today.

In 2006 US consumers filed 207,492 complaints about internet crime and reported record losses of $198.4m. Online auction fraud, such as receiving a different item than expected, topped the list, accounting for 44.9 per cent of complaints. Undelivered merchandise and payments were next in line, accounting for 19 per cent.

Greedy fools are still falling for the 419 scam (which the FBI calls "Nigerian Letter Fraud"). On average, victims last year lost $5,100 a pop to the countless princes of Nigeria, by sensibly moving their Majesties' assets to the US.

Another notable email scam, with 115 complaints received last year, goes straight for the jugular: the fraudster demands money in return for not murdering the recipient through a hired assassin.

Three-quarters of the offenders caught were male, half residing in California, New York, Florida, Texas, Illinois, Pennsylvania and Tennessee. Most were located in the US although significant numbers were located in the UK, Nigeria, Canada, Romania and Italy.

Some 61.2 per cent of complaints were filed by men, half of them aged between 30 and 50. Men lost an average of $1.69 for every $1 reported by women. Nearly 74 per cent of complainants were contacted through email and 36 per cent through websites.

Here are some suggestions from the FBI for avoiding internet crime - to which we add the following: don't be a complete twit. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
SMASH the Bash bug! Apple and Red Hat scramble for patch batches
'Applying multiple security updates is extremely difficult'
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
Hackers thrash Bash Shellshock bug: World races to cover hole
Update your gear now to avoid early attacks hitting the web
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Who.is does the Harlem Shake
Blame it on LOLing XSS terroristas
Researchers tell black hats: 'YOU'RE SOOO PREDICTABLE'
Want to register that domain? We're way ahead of you.
Stunned by Shellshock Bash bug? Patch all you can – or be punished
UK data watchdog rolls up its sleeves, polishes truncheon
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.