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US Fraud Losses May Hit $1 Trillion As Digital Gangs Exploit Stolen American Identities, Ex-GAO Official Says, With FBI Cyber Division Chief Admitting: 'All Of Our Personally Identifiable Information… Is Available On The Dark Net' For Just $2
benzinga.com/news/25/05/45343240/us-fraud-losses-may-hit-1-trillion-as-digital-gangs-exploit-stolen-american-identities-ex-gao-official-says-
The U.S. government is hemorrhaging hundreds of billions of dollars every year to fraud, a chunk of which is leeched by sophisticated overseas digital crime rings using stolen identities.
What Happened: The Government Accountability Office estimates up to $521 billion in fraud losses…
This story appeared on benzinga.com, 2025-05-12 10:34:10.