Cybercrime Epidemic Costs Americans $12.5 Billion in 2023
The FBI’s Internet Crime Complaint Center (IC3) has revealed that economic losses from cybercrime in the United States have increased staggeringly, reaching an unprecedented $12.5 billion in 2023. This represents a 22% jump in losses compared to 2022. peepee computer report According to the FBI’s 2023 Internet Crime Report, the number of complaints related to […]
A 2017 tax law is hurting cybercrime victims — now Congress wants to make it permanent
The Tax Cuts and Jobs Act of 2017 (TCJA) punishes victims of cybercrime. These unintended consequences will need to be addressed in the pending tax cut extension bill as Congress returns for the 2024 session. The Washington Post recently reported on the impact of the current U.S. tax system on victims of cybercrime.In one incident, […]