Partner Peter Baldwin was quoted in Corporate Counsel and ThinkAdvisor in articles about findings from the FBI’s Internet Crime Complaint Center’s 2018 Internet Crime Report.
In the Corporate Counsel article entitled “Legal Departments Must Keep Rising Email Scams on Their Radars,” Pete weighed in on the implications of this report. He said, “As long as [cyber criminals] are successful, I don’t think these attacks are going to abate.” He went on to say that these scams should be on corporate counsel’s radar and that one of the key ways to prevent these kinds of attacks is through employee training, stating the following: “At the end of the day it comes down to better and more comprehensive training.”
Pete was also quoted in a ThinkAdvisor article on this topic entitled “FBI Sees Big Rise in Internet Crime Complaints, Losses.” The report cited a significant rise in complaints to the FBI’s Internet Crime and Complaint Center between 2017 and 2018, with losses from those complaints increasing $1.3 billion. Pete said, “[t]hose figures are remarkable” and he pointed out several hot topics in the report that are worth paying attention to: payroll diversion scams, extortion schemes, tech support fraud, and the creation of the IC3 Recovery Asset Team.