The Internet Crime Complaint Center (IC3) has released its 2009 Internet Crime Report [PDF file], which states that the dollar loss from all cases referred to the IC3 totaled $559.7 million in 2009, up from $264.6 million in 2008.
"Annual crime complaints reported to IC3 have increased 667.8% when comparing data from the 2001 annual report with 2009," the report states. "Complaint submissions for 2009 were 336,655, a (22.3%) increase from 275,284 in 2008, and a (62.7%) increase from 206,884 complaints in 2007. This total includes many different complaint types, including both fraudulent and non-fraudulent crimes. Yet, research indicates that only one in seven incidents of fraud
ever make their way to the attention of enforcement or regulatory agencies."
Click here [PDF file] to review the report.
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