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Monthly Archives: June 2021

BEC Scams Lost Nearly $2 Billion In 2020

According to the 2020 Internet Crime Report by the FBI, BEC (Business Email Compromise) scams resulted in a loss of nearly 2 billion dollars last year. The FBI’s Crime Complaint Centre received over 19000 reports of BEC scams in 2020 which accounted for 45% of the total losses reported to the Bureau. To demonstrate the […]


Why The Government Must Step Up To Combat Online Scams

People have been scamming each other since the beginning. But in our technological age, online scams are one of the most common and convenient ways to prey on people’s finances. According to the Federal Bureau of Investigation, there were 791,790 complaints of internet crime reported in 2020 – that’s a 69% increase since 2019. These […]