The Federal Bureau of Investigation (FBI) has unveiled its Internet Crime Report for 2024, revealing staggering losses of $16.6 billion linked to cybercrime. Fraud has taken the lion’s share of these losses, while ransomware continues to pose a significant threat to critical infrastructure, with complaints rising by 9% from the previous year.
Key Points
- Cybercrime losses reported in the US reached $16.6 billion in 2024.
- Fraud represented the majority of reported losses, with cyber-enabled fraud accounting for 83% of the total financial impact.
- Ransomware remains the most prevalent threat to critical infrastructure, with a notable 9% increase in complaints.
- Individuals aged over 60 reported the highest financial losses.
- The FBI has been proactive in combatting cybercrime, disrupting various cybercriminal operations and preventing an estimated $800 million in ransom payments.
- 263,455 cybercrime complaints were filed, with critical infrastructure sectors particularly impacted.
Why should I read this?
If you want to keep your finger on the pulse of cyber threats, especially in our increasingly digital world, this article dishes out vital info you can’t afford to miss. With cybercrime at an all-time high, understanding these dynamics is crucial for businesses and individuals alike. Plus, it’s handy to see how the FBI is tackling these challenges head-on!