Losses from cyber crimes rose 24% to US$1.33bil in 2016


  • TECH
  • Thursday, 22 Jun 2017

The WannaCry ransomware attack infected 300,000 computers in more than 150 countries, disrupting factories, hospitals, shops and schools.

Losses from cyber crimes rose 24% in 2016 to over US$1.33bil (RM5.7bil), according to a report by the Federal Bureau of Investigation's Internet Crime Complaint Center (IC3). 

The centre, which was set up in 2000 to receive complaints of Internet crime, received 300,000 complaints during the year from hacking victims.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Parents find camera disguised as phone charger in girl’s room, US cops say. Man charged
What to do if your personal info has been exposed in a data breach
AI-generated child pornography is circulating. This US prosecutor wants to make it illegal.
Study links excessive Internet use to teen school absence risk
Apple plans to invest more than $250 million to expand Singapore campus
TSMC Q1 profit rises 9%, beats market expectations
EU watchdog: Meta shouldn’t force users to pay for data protection
Nokia sees stronger H2 after Q1 comparable profit grows less than expected
US student hospitalised after trying dangerous TikTok ‘blackout challenge’
Layoff whiplash scars workers who find new jobs only to lose them

Others Also Read