US Lost Record $12.5 Billion To Online Crime In 2023, Says FBI

An anonymous reader quotes a report from BleepingComputer: FBI's Internet Crime Complaint Center (IC3) has released its 2023 Internet Crime Report (PDF), which recorded a 22% increase in reported losses compared to 2022, amounting to a record of $12.5 billion. The number of relevant complaints submitted to the FBI in 2023 reached 880,000, 10% higher than the previous year, with the age group topping the report being people over 60, which shows how vulnerable older adults are to cybercrime. Both figures continue a worrying trend seen by the agency since 2019, where complaints and losses rise yearly. For 2023, the types of crimes that increased were tech support scams and extortion, whereas phishing, personal data breach, and non-payment/non-delivery scams slightly waned.

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