Enterprise Security Tech recently wrote about the FBI’s Internet Crime Complaint Center release of its annual report, the 2020 Internet Crime Report, which includes information from 791,790 complaints of suspected internet crime—an increase of 69.4% from 2019—and reported losses exceeding $4.2 billion. The top three crimes reported by victims in 2020 were phishing scams, non-payment/non-delivery scams, and extortion; ransomware was also a significant factor.

Cybersecurity executives were tapped for commentary on the top figures and trends the report revealed.  K2’s VP of Marketing, Tim Chiu contributed to the commentary.

Click here to read more about the FBI Internet Crime Report and K2’s Commentary.