According to data from the The FBI’s Internet Crime Complaint Center (IC3), the #1 type of fraud by total dollar loss was Confidence Fraud/Romance Fraud in 2018 for a total of nearly $204 million. Second on the list was BEC/EAC fraud (Business Email Compromise/Email Account Compromise) for nearly $193.5 million. BEC/EAC fraud involves wire fraud … Continue reading Fraud Loss in Dollars by Type of Cyber Crime