Over the past 25 years, internet usage among Americans has soared from less than 50% to over 90%. Simultaneously, cyber-crime incidents reported to the FBI's IC3 skyrocketed from about 2,000 monthly to over 2,000 daily. This surge has led to billions in financial losses, with a staggering $16.6 billion reported in 2024 alone, representing a 33% increase from the previous year. Older Americans are disproportionately affected, losing $4.8 billion, indicating a critical need for financial protection strategies amid rising cyber threats.
The average number of cyber-crime incidents reported to the FBI surged from about 2,000 every month to more than 2,000 every day over the past 25 years.
Cyber-crime resulted in $16.6 billion in losses in 2024 alone, a 33% increase from 2023, highlighting a dramatic financial toll on victims.
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