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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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

FBI working towards nabbing Scattered Spider hackers, official says
Crypto group with 440,000 members launches PAC to target House, Senate elections
TikTok to start labelling AI-generated content as technology becomes more universal
Hong Kong businesses embrace potential of silver economy with more services, tech for rising number of elderly
China carer devotes life to solitary elderly man for 12 years, gets five flats worth millions in thanks for efforts, wins plaudits online
Einstein and anime: Hong Kong university tests AI professors
Foxconn's Q1 profit to jump from low base, AI to power growth
China tech giant Baidu VP apologises after backlash over tough style
Boater dies just feet from land when he dives in to find cellphone, US cops say
Snapchat is focused on making app safe, CEO Evan Spiegel says

Others Also Read