Information Assured Episode 101 The FBI 2019 Cybercrime Report and the Ransomware Plague

Published: Feb. 18, 2020, midnight

The monthly fraud, hacking, threat, technology, and management development recap framed through the lens of 30 years of experience in law enforcement, medicine, oil and gas,  high tech, investment banking, and higher education.

The FBI received 467,361 cybercrime complaints in 2019 including a detailed account of a case in Dallas Federal Court where the alleged perpetrators targeted corporations and lonely ladies.

“... more than $3.5 billion in losses to individual and business victims. The most frequently reported complaints were phishing and similar ploys, non-payment/non-delivery scams, and extortion. The most financially costly complaints involved business email compromise, romance or confidence fraud, and spoofing, or mimicking the account of a person or vendor known to the victim to gather personal or financial information.”

The wrap up concludes with a summary of a 2019 ransomware report and actual attack impacts on cities like Baltimore and New Orleans.  It concludes with what you can do by way of prevention and incident response recommendations.

Host: Matthew Hall, CISSP, CHFI, Security +



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