FBI IC3 Reflects on Trends over 20 Year History
In a posting notifying partners that it is marking its twentieth anniversary, the FBI’s Internet Crime Complaint Center (IC3) reflects on how cyber crime has evolved over the course of its history. In its first full year of operation, the IC3 logged nearly 50 complaints. Most of them revolved around internet auction fraud, non-delivery scams, and the infamous messages from alleged princes or princesses with untapped fortunes they wanted to share with recipients. Average losses for victims were low, compared to today’s numbers (in 2001, the average victim lost $435).