This Week Health
Alex's Lemonade Stand This Week Health
<- Back to Insights
April 29, 2025

Cybercrime Soars to New Heights with $16.6 Billion in Losses

Cyberscoop
|
Contributed by: Drex DeFord
Summary
The 2024 FBI Internet Crime Complaint Center (IC3) report indicates a significant surge in cybercrime, with reported losses totaling $16.6 billion—an all-time high. The IC3 received 859,532 complaints in the past year, showing a 33% increase compared to the previous year, and averaging approximately $19,372 per complaint. Cyber-enabled fraud was the primary driver of these losses, with a dominant focus on investment fraud, which alone accounted for $6.57 billion. The report also highlights a rising use of cryptocurrency for fraudulent schemes, complicating recovery efforts. Seniors aged 60 and over were especially affected, filing over 147,000 complaints with substantial financial losses.

Explore Related Topics

Subscribe Now

Receive 7 Top Stories Daily
Subscribe News
Healthcare Transformation Powered by Community

© Copyright 2024 Health Lyrics All rights reserved