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Daily Security Review

$16.6 Billion Lost: The True Cost of Cybercrime in America

24 Apr 2025

Description

Cybercrime in the U.S. has reached new, record-breaking heights.In this episode, we dive deep into the FBI's 2024 Internet Crime Complaint Center (IC3) report — a comprehensive look at the economic and human toll of cybercrime in America. With $16.6 billion in reported losses, a 33% increase year-over-year, and 859,532 complaints filed, the data paints a grim picture of just how widespread and costly online threats have become.We’ll unpack:Why fraud and ransomware continue to dominate the threat landscapeThe growing vulnerability of older Americans, who lost nearly $4.8 billion in 2024 aloneHow underreporting and imperfect tracking mean the real losses are likely much higherThe rise of impersonation scams, including fake FBI agents preying on previous victimsWhat this means for individuals, businesses, and national infrastructure moving forward🔐 Whether you're in cybersecurity, risk management, or just trying to stay informed — this is an episode you don't want to miss.🎧 Tune in now and find out what the numbers are really telling us.#Cybersecurity #FBIIC3 #CybercrimeStats #Ransomware #InfosecPodcast #DataBreach #CyberThreats #ElderFraud #FraudPrevention #FBIReport #Podcast2025 #CybercrimeCrisis

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