Cybercrime losses likely much greater in Philly and US than FBI reports

Total losses and the number of victims of cybercrime are likely much more than the $1.4 billion the FBI reported for 2017. (Dreamstime)

Cybercrime in the US cost its victims at least US$1.4bil (RM5.59bil) in 2017, according to a report released this week by the FBI's Internet Crime Complaint Centre (IC3). 

The federal agency last year registered more than 300,000 victim complaints. Internet fraudsters targeted Pennsylvanians at least 11,300 times for US$36.3mil (RM145.13mil), New Jersey residents more than 7,600 times for US$40.4mil (RM161.52mil), and about 760 Delaware folk for US$2.4mil (RM9.59mil), according to the FBI's report.