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FBI Report: Cybercrime Soars 33%, $16 Billion Lost

4/29/2025

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Summary

Story summary

The FBI's 2024 Internet Crime Report paints a troubling picture, revealing a staggering 859,532 complaints and over $16 billion lost—a 33% surge from last year. California, Texas, and Florida topped the list for complaints, while individuals over 60 faced the steepest losses. Phishing, extortion, and data breaches dominated the cybercrime landscape, with cryptocurrency fraud alone accounting for over $6.5 billion in losses.

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Story summary

The FBI's 2024 Internet Crime Report paints a troubling picture, revealing a staggering 859,532 complaints and over $16 billion lost—a 33% surge from last year. California, Texas, and Florida topped the list for complaints, while individuals over 60 faced the steepest losses. Phishing, extortion, and data breaches dominated the cybercrime landscape, with cryptocurrency fraud alone accounting for over $6.5 billion in losses.