Over $16 billion in losses reported to FBI in 2024 tied to computer crime
The FBI has revealed a staggering report indicating that in 2024, there were nearly 860,000 complaints leading to over $16 billion in losses, the highest since the establishment of the IC3 in 2000. Fraud cases dominated the losses while ransomware incidents continued to plague critical infrastructure, showing a 9% rise from the previous year.
Key Points
- 2024 saw $16.6 billion in losses reported by the FBI, reflecting a rise in computer crime incidents.
- Fraud and ransomware were the leading concerns, with ransomware making up almost half of reported crimes.
- Overall complaints to the FBI increased by 33% compared to 2023.
- Cryptocurrency-related losses surged to $2.8 billion, highlighting evolving cybercrime tactics.
- FBI’s proactive measures included tackling notorious ransomware gangs like LockBit and providing decryption assistance to victims.
Why should I read this?
If you’re concerned about the rising tide of cybercrime and its impact on businesses and individuals alike, this article is a must-read. It highlights not just the staggering losses but also underscores the need for vigilance in our increasingly digitised world. Stay informed and learn how cyber threats are evolving, so you can better protect yourself and your interests!