Losses due to BEC (Business Email Compromise) scams have doubled in 2018, compared to 2017 figures, and have reached a whopping $1.3 billion, according to the yearly FBI internet crime report. On the other hand, the number of ransomware victim complaints has gone down to 2014 levels, when ransomware attacks first started to become popular across the world; however, financial losses caused by ransomware attacks are now higher than ever, suggesting that crooks are now carefully selecting their victims in order to inflict the greatest damage and obtain the highest payouts.
Read the article: ZDNet
