U.S. victims lost nearly $21 billion to cyber-enabled crimes last year, driven primarily by investment scams, business email compromise, tech support fraud, and data breaches, the Federal Bureau of Investigation says.
The figure continues the year-over-year record trend as it is up 26% compared to 2024, when Americans lost $16.6 billion to cybercrime.
A similar uptick was recorded in the number of...
The strongest version of this narrative underscores the escalating scale and sophistication of cybercrime, with losses surging by 26% in a single year. The FBI’s data paints a clear picture of systemic vulnerabilities, from the disproportionate targeting of older Americans to the rise of AI-driven scams. The inclusion of critical infrastructure breaches—including dams and nuclear facilities—highlights the potential for cyber threats to transcend financial harm and pose national security risks. T...