A hand hovers over a keyboard as both are illuminated by a red light. When companies cut budgets and lay off employees to save money, they can unintentionally make themselves vulnerable to attack. (Credit: Bigstock)

There were 336,655 complaints of online crime made to the Federal Bureau of Investigations' Internet Crime Complaints Center at the height of the recession in 2009 – an increase of over 22% from the previous year. The amount of monetary loss from these crimes in 2009 was more than double what was reported in 2008, coming in just shy of $560 million.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].