IC3’s 2022 Internet Crime Report shows that while the number of complaints was smaller compared to 2021, losses increased from $6.9 billion to $10.3 billion. In the past five years, the agency received a total of 3.26 million complaints for $27.6 billion in losses. The top five types of cyber-related crimes in 2022 were phishing (300k Cyber harassment is the use of electronic communication to harass, stalk or threaten someone. It can include sending threatening or abusive messages, publishing derogatory or private information about someone or engaging in other online activities that make someone feel scared or threatened. Cyber harassment can have a serious impact on its Cyber extortion is a type of cybercrime in which criminals use an attack or threat of an attack to demand money or some other response from victims. This criminal activity targets victims’ data, reputation and capacity to conduct business, making it highly effective and lucrative. In addition to laws that expressly mention ransomware or computer extortion, additional states, like North Carolina (NCGA § 143B-1379), require reporting of cyber incidents generally (which may include ransomware attacks) or state IT departments may require agencies to report cyber incidents to a CISO or other official. Also, other types of Extortion Trends The Multi-State Information Sharing and Analysis Center’s (MS-ISAC) Cyber Threat Intelligence (CTI) team assesses it is highly likely ransomware groups will continue to steal and post victim data throughout 2021, as an added revenue generator and double extortion tactic. By threatening to publicly post confidential data, The report, Ransomware, extortion, and the cyber crime ecosystem, has been published by the National Cyber Security Centre (NCSC) – a part of GCHQ – in partnership with the National Crime Agency (NCA) and it outlines how the tactics of organised criminal groups (OCGs) have evolved since 2017. It describes the shift towards the ‘ransomware The FBI’s Internet Crime Complaint Center (IC3) documented 43,101 cases of online extortion in 2019, with victims suffering losses of $107.5 million. The pornography scenario, termed “sextortion,” accounts for a large share of email extortion complaints, and these have spiked amid the coronavirus outbreak as people are spending more time cybercrime, the use of a computer as an instrument to further illegal ends, such as committing fraud, trafficking in child pornography and intellectual property, stealing identities, or violating privacy. Cybercrime, especially through the Internet, has grown in importance as the computer has become central to commerce, entertainment, and Types of Cyber Security Insurance. This insurance can be classified under two headings: Individual Cyber Security Insurance: It is meant for the daily online users. The policy covers risks associated with fraudulent activities like identity theft, malware attacks, cyber stalking, IT theft loss and social media liabilities. Cyber Fraud. Employment Fraud. Consumer Fraud. Healthcare Fraud. Environmental Fraud. Intellectual Property Fraud. Fraud and scams are on the rise, and it is more important than ever to be aware of them so that you can protect yourself. There are many different types of fraud and scams, so it is important to be vigilant and to educate yourself phiA.