The FBI Received Over 2,600 Ransomware Complaints in 2016

The law enforcement agency received more than 2,600 complaints about ransomware last year, according to a new report.

AccessTimeIconJun 23, 2017 at 2:15 p.m. UTC
Updated Sep 11, 2021 at 1:28 p.m. UTC

The FBI received more than 2,600 complaints about ransomware last year, according to a new report.

Published yesterday, the annual review of cybersecurity threats from the law enforcement agency's Internet Crime Complaint Center (IC3) outlined a range of statistics, including the number of submissions it received regarding ransomware.

Ransomware is a type of malicious software that encrypts an infected computer's data, demanding a payment – usually in bitcoin – in return for the information being unlocked.

According to the IC3's report, 2,673 complaints were submitted, with losses of over $2.4m reported during that period. The number represents a small fraction of the 298,728 cybercrime-related complaints that IC3 said it received overall in 2016. All told, losses in 2016 connected to these activities constituted a reported $1.3bn.

The IC3 disclosure comes on the heels of a global ransomware attack, dubbed WannaCry, that impacted hundreds of thousands of computers owned by a host of organizations, including the UK's National Health Service.

The impact of that spread is still being felt, according to recent reports.

Reuters said yesterday that Japanese automaker Honda had to temporarily close one of its manufacturing plants because WannaCry was discovered on one of its networks.

FBI image via Shutterstock

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.


Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Read more about