FBI: US lost record $16.6 billion to cybercrime in 2024

FBI: US lost record .6 billion to cybercrime in 2024
Summary: The FBI’s latest report reveals that cybercriminals stole a record .6 billion in 2024, a significant increase of over 33% from the previous year. Older Americans, particularly those over 60, constituted the most affected demographic, filing numerous complaints linked to substantial losses. The report emphasizes the persistent threat of ransomware and highlights the gap between reported and actual losses due to underreporting of cybercrime incidents.

Affected: FBI Internet Crime Complaint Center (IC3)

Keypoints :

  • Recorded losses from cybercrime reached .6 billion in 2024.
  • The number of complaints received by IC3 increased to 859,532, with 256,256 involving actual financial loss.
  • Older Americans (over 60) filed 147,127 complaints, leading to losses of approximately .8 billion.
  • Fraud accounted for the majority of these reported losses, while ransomware threats rose by 9% from 2023.
  • IC3 has received over 9 million complaints since its inception, averaging more than 2,000 complaints daily in recent years.
  • Many incidents of cybercrime go unreported, leading to an underestimation of the actual financial impact.
  • Scammers are impersonating IC3 employees, offering “help” to fraud victims.

Source: https://www.bleepingcomputer.com/news/security/fbi-us-lost-record-166-billion-to-cybercrime-in-2024/