Internet crimes, ransomware incidents on the rise: FBI
July 22, 2024 – Published on FOX 7 News Austin, TX
Even if your neighbor isn’t a computer hacker, it’s getting easier for them to buy a cyberattack. Ransomware attacks cost businesses millions of dollars. One security firm helps those businesses get out of situations.
A man in Texas had been running a website for years that allowed people to launch attacks on other computers that prevented them from being able to access the internet. It impacted tens of thousands of computers. Last week, 24-year-old Scott Raul Esparza was sentenced to nine months in federal prison.
“The potential harm and impact is huge,” GuidePoint Security VP, DFIR & Threat Intelligence Mark Lance said.
The FBI said internet crime is on the rise and reported ransomware incidents are up 18 percent from 2022 to 2023 with the reported losses at almost $60 million.
“We know that some groups have made literally billions of dollars with a B, so, the amount of money that they’re making and the level of success that they’re having I think is going to continue to drive this trend,” Lance said.
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