It all starts with phishing...

This month, the FBI released its 2017 Internet Crime report, which details the amount and type of internet crime reported over the year. According to the report, 3 primary types of attacks were reported-

  • Email Compromise: Attackers send Fraudulent emails to victims requesting payments to fake locations (aka, phishing!)
  • Tech Support Fraud: Fake tech support representatives gain access to victims' computers
  • Ransomware: Encryption and lockdown of victims' sensitive files

These three types of Internet crime were reported through IC3 Complaints almost 30,000 times. They seem like completely separate and unrelated approaches to internet fraud. However, it appears that in each case, the attackers used phishing as a means to gain access to their victims. The report reveals an estimate of the total number of attacks and total cost of phishing last year...

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