This cybercrime is known as virtual e-skimming or form jacking and it happens without you even knowing it. During the COVID-19 pandemic, shopping online soared, and with all that spending, scams followed, causing major financial losses.
The FBI said $1.8 billion was lost to e-skimming and similar online thefts last year.
“If you look at in just 2020, it has been reported the highest monetary loss, among all the different crimes that are reported to the FBI,” said Jay Patel with the FBI.
“This problem exists on virtually every website on the internet,” said Matt McGuirk with Source Defense.
The company’s new study found that…