IC3

The Internet Crime Complaint Center (IC3) began

operation on May 8, 2000, as the Internet Fraud
Complaint Center. Established as a partnership between
the National White Collar Crime Center (NW3C) and the
Federal Bureau of Investigation (FBI), IC3 serves as a
vehicle to receive, develop, and refer criminal complaints
regarding the rapidly expanding arena of cybercrime.
Since inception, IC3 has received complaints across a
wide spectrum of cybercrime matters, including online
fraud (in its many forms), intellectual property rights (IPR)
matters, computer intrusions (hacking), economic
espionage (theft of trade secrets), child pornography,
international money laundering, identity theft, and a
growing list of additional criminal and civil matters.

From January 1, 2009 through December 31, 2009, there

were 336,655 total complaints filed with IC3 (see Figure
1). This is a 22.3% increase compared to 2008 when
275,284 complaints were received. The number of
complaints filed per month, for 2009, averaged 28,055.
Dollar loss of complaints referred to law enforcement was
at an all time high in 2009, $559.7 million, compared to
previous years (see Figure 2).
The number of complaints referred to law enforcement
has increased from 72,940 in 2008 to 146,663 in 2009
(see Figure 3). All complaints not directly referred are
still accessible by law enforcement, used for trend
analysis, intelligence gathering and consumer education.
Aim
Objective
Methodology

1. What is cyber fraud

2. Types of cyber frauds
3. Revenue models
4. IC3 crime report

Impact on industries
1. Sector analysis
2. Companies affected
Case studies
1. Microsoft
2. TCS
3. Yahoo
4. Work from home
Generating questionaaire
Responses
Semester II plan
References