Fraud and social media sites

FBI expert tells the Avast Blog about fraud related to social media and dating sites, the second-costliest type of cybercrime
Fraud and Social Media Sites

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Picture of Jeff Elder
Jeff Elder

29 April 2019

FBI expert tells the Avast Blog about fraud related to social media and dating sites, the second-costliest type of cybercrime

Crying out from near the top of the FBI’s cybercrime report last week was a heartbreaking statistic. The second-costliest category of crime, behind only compromised business email, was confidence and romance fraud, with a 2018 cost of $363 million.

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