• About Us
  • Contact Us
  • Editorial Calendar
  • Careers
  • The Cyber Express by Cyble Vulnerability Disclosure Policy
  • Cyble Trust Portal
The Cyber Express
  • MagazineDownload
  • Firewall Daily
    • All
    • Bug Bounty & Rewards
    • Dark Web News
    • Data Breach News
    • Hacker News
    • Ransomware News
    • Vulnerabilities
    The Cyber Express Weekly Roundup Mar 20

    The Cyber Express Weekly Roundup: Cyberattacks, AI Risks, and Geopolitical Cyber Threats

    Android malware campaign

    Android Malware Campaign Targets Indian Users via Fake eChallan Alerts

    Iran-Linked Cyberattacks

    U.S. Shuts Down Websites Behind Iran-Linked Cyber Attacks and Death Threats

    Pixel firmware update

    Pixel Watch Users Report Inflated Steps, Missing SpO2 Data

    Perseus Android malware

    Perseus Android Malware Targets Mobile Banking Users via Fake IPTV Apps

    Interlock ransomware

    Interlock Ransomware Leveraged Cisco FMC Zero-Day 36 Days Before Patch

    WebKit vulnerability

    Apple Patches WebKit Vulnerability CVE-2026-20643 Across iOS, macOS

    China, Top Cyber Threat, Cyber Threat List, Iran, Russia, North Korea

    China Sits at the Top of America’s Cyber Threat List

    DarkSword, DarkSword iOS Exploit, GTIG, Google, Lookout, iVerify, Apple, iOS Exploit

    Multiple Threat Actors Exploiting a Six-Vulnerability iOS Exploit Kit Dubbed “DarkSword”

    Trending Tags

    • blackbyte ransomware
    • Ransomware
    • lapsus$ ransomware
    • Apple
    • Apple vulnerability
  • Essentials
    • All
    • Compliance
    • Governance
    • Policy Updates
    • Regulations
    DarkSword, DarkSword iOS Exploit, GTIG, Google, Lookout, iVerify, Apple, iOS Exploit

    Multiple Threat Actors Exploiting a Six-Vulnerability iOS Exploit Kit Dubbed “DarkSword”

    Fraud, Agentic AI

    Agentic AI Run Fraud Campaigns Earning 4.5 Times More: Interpol

    Vishing Ring, Vishing, Latvia, Ukraine, Cybercrime

    How a Ukrainian Vishing Ring Stole €2M From EU Citizens — and Nearly Got Away

    water infrastructure cybersecurity

    New York Water Systems Get New Cybersecurity Standards and $2.5M Funding

    Stryker, Stryker Cyberattack, CISA, Handala

    Stryker Says Cyberattack Disrupted Processing, Manufacturing and Shipping

    AI child safety in India

    India Outlines Legal Framework to Protect Children from AI and Online Harm

    Russia and China Cyberespionage

    Finland Warns Russia and China Cyber Espionage Ops Targeting Tech Sector

    Planning and Zoning Permit Phishing Scam

    FBI Flags Phishing Campaign Collecting Planning and Zoning Permit Payments

    op 50 Women in Cybersecurity to Watch in 2026

    Top 50 Women Leaders in Cybersecurity to Watch in 2026

    • Regulations
    • Compliance
    • Governance
    • Policy Updates
  • Knowledge Hub
    • All
    • How to
    • What is
    Google Chrome

    How to Remove Saved Passwords From Google Chrome (And Why You Should)

    DPDP Rules, Cyble, DPDP Act, Cyble Vantage

    How Cyble’s Front-Row Vantage Can Help You in Complying to India’s DPDP Act

    Cybersecurity Countries

    The Top 8 Countries Leading the Cyber Defense Race in 2025

    link building

    The Link Building Secrets Your Competitors Don’t Want You to Know

    Supply Chain Attack

    Supply Chain Resilience and Physical Security: Lessons for 2025

    Healthcare cybersecurity trends of 2024

    Healthcare Cybersecurity: 2024 Was Tough, 2025 May Be Better

    CEO's Guide to Take-Down Services

    Shield Your Organization: CEO’s Perspective on Take-Down Services

    Azure sign-in Microsoft

    Microsoft Announces Mandatory MFA for Azure Sign-ins to Bolster Cloud Defenses

    Signal Proxy, Signal, Signal Ban in Russia, Signal Ban in Venezuela, Bypass Signal Ban, How to Activate Signal Proxy, Signal Proxy Server

    How to Set Up Signal Proxy to Help Bypass Censorship in Russia and Venezuela

  • Features
    • Cyber Warfare
    • Espionage
    • Workforce
      • Learning & Development
  • Business
    • All
    • Appointments
    • Budgets
    • Mergers & Aquisitions
    • Partnerships
    • Press Release
    • Startups
    Fraud, Agentic AI

    Agentic AI Run Fraud Campaigns Earning 4.5 Times More: Interpol

    Stryker, Stryker Cyberattack, CISA, Handala

    Stryker Says Cyberattack Disrupted Processing, Manufacturing and Shipping

    INC Ransom, Western Critical Infrastructure, Critical infrastructure, Russian GRU, Russian Threat Actor, Sandworm, APT44, Energy Supply Chain, Energy Infrastructure

    INC Ransom’s Franchise Model Is Putting Critical Infrastructure on the Chopping Block

    Terrorist Cyberattacks, UAE Cyber Security Council

    UAE Blocked AI-Powered Terrorist Cyberattacks Targeting Critical Infrastructure

    Eurail Breach, Eurail

    Eurail Breach Escalates as Stolen Passport Data and IBANs Surface on Dark Web for Sale

    Discord teen-by-default settings

    Discord Introduces Stronger Teen Safety Controls Worldwide

    The Cyber Express cybersecurity roundup

    The Cyber Express Weekly Roundup: FortiOS Exploits, Ransomware, Hacktivist Surge, and EU Telecom Rules

    Nicole Ozer appointment

    Nicole Ozer Joins CPPA to Drive Privacy and Digital Security Initiatives

    National Security Agency (NSA) appointment

    NSA Appoints Timothy Kosiba to Oversee Strategy and Cybersecurity Operations

    • Startups
    • Mergers & Aquisitions
    • Partnerships
    • Appointments
    • Budgets
    • Research
      • Whitepapers
      • Sponsored Content
      • Market Reports
    • Interviews
      • Podcast
  • Events
    • Conference
    • Webinar
    • Endorsed Events
  • Advisory Board
No Result
View All Result
  • MagazineDownload
  • Firewall Daily
    • All
    • Bug Bounty & Rewards
    • Dark Web News
    • Data Breach News
    • Hacker News
    • Ransomware News
    • Vulnerabilities
    The Cyber Express Weekly Roundup Mar 20

    The Cyber Express Weekly Roundup: Cyberattacks, AI Risks, and Geopolitical Cyber Threats

    Android malware campaign

    Android Malware Campaign Targets Indian Users via Fake eChallan Alerts

    Iran-Linked Cyberattacks

    U.S. Shuts Down Websites Behind Iran-Linked Cyber Attacks and Death Threats

    Pixel firmware update

    Pixel Watch Users Report Inflated Steps, Missing SpO2 Data

    Perseus Android malware

    Perseus Android Malware Targets Mobile Banking Users via Fake IPTV Apps

    Interlock ransomware

    Interlock Ransomware Leveraged Cisco FMC Zero-Day 36 Days Before Patch

    WebKit vulnerability

    Apple Patches WebKit Vulnerability CVE-2026-20643 Across iOS, macOS

    China, Top Cyber Threat, Cyber Threat List, Iran, Russia, North Korea

    China Sits at the Top of America’s Cyber Threat List

    DarkSword, DarkSword iOS Exploit, GTIG, Google, Lookout, iVerify, Apple, iOS Exploit

    Multiple Threat Actors Exploiting a Six-Vulnerability iOS Exploit Kit Dubbed “DarkSword”

    Trending Tags

    • blackbyte ransomware
    • Ransomware
    • lapsus$ ransomware
    • Apple
    • Apple vulnerability
  • Essentials
    • All
    • Compliance
    • Governance
    • Policy Updates
    • Regulations
    DarkSword, DarkSword iOS Exploit, GTIG, Google, Lookout, iVerify, Apple, iOS Exploit

    Multiple Threat Actors Exploiting a Six-Vulnerability iOS Exploit Kit Dubbed “DarkSword”

    Fraud, Agentic AI

    Agentic AI Run Fraud Campaigns Earning 4.5 Times More: Interpol

    Vishing Ring, Vishing, Latvia, Ukraine, Cybercrime

    How a Ukrainian Vishing Ring Stole €2M From EU Citizens — and Nearly Got Away

    water infrastructure cybersecurity

    New York Water Systems Get New Cybersecurity Standards and $2.5M Funding

    Stryker, Stryker Cyberattack, CISA, Handala

    Stryker Says Cyberattack Disrupted Processing, Manufacturing and Shipping

    AI child safety in India

    India Outlines Legal Framework to Protect Children from AI and Online Harm

    Russia and China Cyberespionage

    Finland Warns Russia and China Cyber Espionage Ops Targeting Tech Sector

    Planning and Zoning Permit Phishing Scam

    FBI Flags Phishing Campaign Collecting Planning and Zoning Permit Payments

    op 50 Women in Cybersecurity to Watch in 2026

    Top 50 Women Leaders in Cybersecurity to Watch in 2026

    • Regulations
    • Compliance
    • Governance
    • Policy Updates
  • Knowledge Hub
    • All
    • How to
    • What is
    Google Chrome

    How to Remove Saved Passwords From Google Chrome (And Why You Should)

    DPDP Rules, Cyble, DPDP Act, Cyble Vantage

    How Cyble’s Front-Row Vantage Can Help You in Complying to India’s DPDP Act

    Cybersecurity Countries

    The Top 8 Countries Leading the Cyber Defense Race in 2025

    link building

    The Link Building Secrets Your Competitors Don’t Want You to Know

    Supply Chain Attack

    Supply Chain Resilience and Physical Security: Lessons for 2025

    Healthcare cybersecurity trends of 2024

    Healthcare Cybersecurity: 2024 Was Tough, 2025 May Be Better

    CEO's Guide to Take-Down Services

    Shield Your Organization: CEO’s Perspective on Take-Down Services

    Azure sign-in Microsoft

    Microsoft Announces Mandatory MFA for Azure Sign-ins to Bolster Cloud Defenses

    Signal Proxy, Signal, Signal Ban in Russia, Signal Ban in Venezuela, Bypass Signal Ban, How to Activate Signal Proxy, Signal Proxy Server

    How to Set Up Signal Proxy to Help Bypass Censorship in Russia and Venezuela

  • Features
    • Cyber Warfare
    • Espionage
    • Workforce
      • Learning & Development
  • Business
    • All
    • Appointments
    • Budgets
    • Mergers & Aquisitions
    • Partnerships
    • Press Release
    • Startups
    Fraud, Agentic AI

    Agentic AI Run Fraud Campaigns Earning 4.5 Times More: Interpol

    Stryker, Stryker Cyberattack, CISA, Handala

    Stryker Says Cyberattack Disrupted Processing, Manufacturing and Shipping

    INC Ransom, Western Critical Infrastructure, Critical infrastructure, Russian GRU, Russian Threat Actor, Sandworm, APT44, Energy Supply Chain, Energy Infrastructure

    INC Ransom’s Franchise Model Is Putting Critical Infrastructure on the Chopping Block

    Terrorist Cyberattacks, UAE Cyber Security Council

    UAE Blocked AI-Powered Terrorist Cyberattacks Targeting Critical Infrastructure

    Eurail Breach, Eurail

    Eurail Breach Escalates as Stolen Passport Data and IBANs Surface on Dark Web for Sale

    Discord teen-by-default settings

    Discord Introduces Stronger Teen Safety Controls Worldwide

    The Cyber Express cybersecurity roundup

    The Cyber Express Weekly Roundup: FortiOS Exploits, Ransomware, Hacktivist Surge, and EU Telecom Rules

    Nicole Ozer appointment

    Nicole Ozer Joins CPPA to Drive Privacy and Digital Security Initiatives

    National Security Agency (NSA) appointment

    NSA Appoints Timothy Kosiba to Oversee Strategy and Cybersecurity Operations

    • Startups
    • Mergers & Aquisitions
    • Partnerships
    • Appointments
    • Budgets
    • Research
      • Whitepapers
      • Sponsored Content
      • Market Reports
    • Interviews
      • Podcast
  • Events
    • Conference
    • Webinar
    • Endorsed Events
  • Advisory Board
No Result
View All Result
The Cyber Express
No Result
View All Result
Home Cyber News

Cybercrime Losses Jump 33% in 2024, FBI Report Shows

Samiksha Jain by Samiksha Jain
April 24, 2025
in Cyber News, Features, Firewall Daily, Ransomware News
0
FBI Cybercrime Report

Source: Pixabay

716
SHARES
4k
VIEWS
Share on LinkedInShare on Twitter

The Federal Bureau of Investigation (FBI) has released its latest Internet Crime Report for 2024, revealing a steep rise in cybercrime-related losses and spotlighting the growing challenges in securing the digital lives of individuals and businesses across the globe.

According to the report, the FBI’s Internet Crime Complaint Center (IC3) received 859,532 complaints last year, with reported losses totaling more than $16 billion—a significant 33% increase compared to 2023. The report provides a comprehensive snapshot of cyber-enabled crimes affecting citizens in the U.S. and internationally.

Top Internet Crimes in 2024

The most common types of internet crime reported were:

  • Phishing/Spoofing
  • Extortion
  • Personal Data Breaches

These categories dominated complaint submissions, showing how scammers continue to rely on proven methods of manipulation and deception to steal personal information, money, and access credentials.

However, when it comes to financial losses, investment fraud, particularly those involving cryptocurrencies, was the most damaging. Victims reported losses exceeding $6.5 billion, highlighting how scammers are capitalizing on the popularity and complexity of digital currencies.

Senior Citizens Hit the Hardest

In 2024, Americans aged 60 and above filed the most cybercrime complaints—147,127 in total, with reported losses exceeding $4.8 billion. This demographic was not only the most targeted but also the most financially affected.

report-ad-banner
FBi Cybercrime Reprot
Source: FBI

Individuals in the 50-59 age group followed with $2.5 billion in losses, while those between 40-49 suffered $2.2 billion in financial damage. Although younger age groups, such as those under 20, filed fewer complaints and faced smaller monetary losses, the report indicates no age group is immune to cyber threats.

Cybercrime Trends: 2020–2024

According to IC3 report, the number of annual complaints has remained consistently high, with 2023 peaking at nearly 890,000 complaints. While there was a slight dip in complaint volume in 2024 to around 860,000, financial losses hit more than $16 billion.

Over the last five years alone, IC3 has recorded 4.2 million complaints totaling $50.5 billion in losses, averaging 836,000 complaints annually. Since its inception in 2000, the IC3 has received more than 9 million complaints, highlighting the growing scale and sophistication of cybercrime.

Cybercrime Reprot 2024
Source: FBI

Cyber-Enabled Fraud: A Closer Look

Cyber-enabled fraud accounted for 83% of all reported losses in 2024. This broad category includes crimes where the internet or digital tools are used to commit fraud, steal identities, or impersonate services. Some notable trends include:

  • Call Center Scams: Over 53,000 complaints led to $1.9 billion in losses. These typically involve scammers pretending to be representatives from tech companies or financial institutions.
  • Tech Support Scams: An increase was seen in fake tech support calls, especially targeting older adults. These scams often direct victims to send cash by mail or wire funds under false pretenses.
  • Gold Courier Scams: In one of the most financially damaging schemes, 525 complaints led to $219 million in losses. In these scams, victims are tricked into sending gold or cash via couriers who claim to be officials or bank representatives.
  • Toll and Emergency Scams: These included 59,271 complaints and 357 complaints, respectively, highlighting smaller-scale but still harmful frauds involving unpaid toll claims or fake family emergencies.

The FBI also issued alerts for “smishing” scams—fraudulent text messages that trick victims into clicking malicious links or revealing personal data—and scams targeting senior citizens with fake “grandchild in trouble” stories.

Ransomware on the Rise

Another troubling trend in 2024 was the appearance of 67 new ransomware variants, adding to the already complex cyber threat landscape. The most commonly reported new variants were:

  • FOG
  • Lynx
  • Cicada 3301
  • Dragonforce
  • Frag

These ransomware types often target businesses and infrastructure by encrypting systems and demanding ransom payments, sometimes in cryptocurrency. Information about these variants is passed to FBI field offices to help identify and counteract threats in real-time.

FBI Director Emphasizes Importance of Reporting

FBI Director Kash Patel urged citizens to report suspicious online activity, emphasizing that public participation is essential in combating cybercrime.

“Reporting is one of the first and most important steps in fighting crime so law enforcement can use this information to combat a variety of frauds and scams,” said Director Patel. “The IC3, which is celebrating its 25th anniversary this year, is only as successful as the reports it receives.”

The IC3 platform has become a cornerstone of cybercrime prevention, averaging 836,000 complaints per year, covering a wide range of internet-based fraud schemes.

Global Reach of Cybercrime

Internet crime isn’t limited to the United States. In 2024, IC3 received complaints from over 200 countries, with the United Kingdom, Canada, India, and Australia among the top reporting countries outside the U.S.

This international participation provides critical data on how criminals are operating across borders. It also offers insights into where stolen funds are being sent and which countries are most affected.

How the FBI’s IC3 Is Fighting Back

Since its launch in May 2000, the Internet Crime Complaint Center has become a vital resource for law enforcement, compiling over nine million complaints to date. By analyzing submitted data, the IC3 identifies patterns, flags new scams, and partners with law enforcement agencies and private sector organizations.

  • Performing analysis, complaint referrals, and freezing illicit assets
  • Providing a central hub for public alerts
  • Partnering with private and government sectors to strengthen response
  • Hosting a secure portal for public crime reporting
  • Offering a remote access database for law enforcement
Internet Cybercrime Reprot
Source: FBI

The 2024 Internet Crime Report is more than just a summary—it’s a call to action. It shows the value of reporting even minor incidents. The more detailed and timely the information, the better equipped the FBI and its partners are in combating these crimes.

How to Stay Protected

The FBI recommends a few key practices to protect against online fraud:

  • Be skeptical of unsolicited emails or calls requesting personal or financial information.
  • Never send money or personal data to unknown parties, especially through unsecured or unconventional methods.
  • Enable multi-factor authentication on all your online accounts.
  • Regularly check IC3 alerts and FBI consumer notices for the latest scam trends.

If you or someone you know has fallen victim to a cyber-enabled scam, file a complaint on the IC3 website as soon as possible. The more accurate and complete the report, the more helpful it is in the fight against cybercrime.

Share this:

  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Reddit (Opens in new window) Reddit
  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • More
  • Email a link to a friend (Opens in new window) Email
  • Share on WhatsApp (Opens in new window) WhatsApp

Related

Tags: Crime Report for 2024cybercrimeCybercrime ReportCybercrime TrendsFBI Crime Report for 2024IC3Internet CrimesInternet Crimes in 2024PhishingRansomwarespoofingThe Cyber ExpressThe Cyber Express News
Previous Post

DDoS Attack Hits Adyen, Causing Transaction Failures in EU

Next Post

Ofcom Finalizes Online Child Safety Rules to Protect UK’s Youngest Internet Users

Next Post
Ofcom, Child Safety Rules, Online Child Safety Rules

Ofcom Finalizes Online Child Safety Rules to Protect UK’s Youngest Internet Users

Threat Landscape Reports 2025

❮ ❯
Cyble-Vision


Follow Us On Google News

Latest Cyber News

The Cyber Express Weekly Roundup Mar 20
Firewall Daily

The Cyber Express Weekly Roundup: Cyberattacks, AI Risks, and Geopolitical Cyber Threats

March 20, 2026
Android malware campaign
Firewall Daily

Android Malware Campaign Targets Indian Users via Fake eChallan Alerts

March 20, 2026
Iran-Linked Cyberattacks
Cyber News

U.S. Shuts Down Websites Behind Iran-Linked Cyber Attacks and Death Threats

March 20, 2026
Pixel firmware update
Firewall Daily

Pixel Watch Users Report Inflated Steps, Missing SpO2 Data

March 20, 2026

Categories

Web Stories

Do This on Telegram, Your Bank Account Will Become Zero
Do This on Telegram, Your Bank Account Will Become Zero
If You Install the iOS 18 Beta, Your iPhone Could Be Hacked
If You Install the iOS 18 Beta, Your iPhone Could Be Hacked
Cricket World Cup Ticketing Systems Under Cybersecurity
Cricket World Cup Ticketing Systems Under Cybersecurity
Cyber Threats and Online Ticket Scams During the NBA Finals
Cyber Threats and Online Ticket Scams During the NBA Finals
Biometric Data Security: Protecting Sensitive Information
Biometric Data Security: Protecting Sensitive Information

About

The Cyber Express

#1 Trending Cybersecurity News and Magazine

The Cyber Express is a handbook for all stakeholders of the internet that provides information security professionals with the latest news, updates and knowledge they need to combat cyber threats.

 

Contact

For editorial queries: [email protected]

For marketing and Sales: [email protected]

 

Quick Links

  • About Us
  • Contact Us
  • Editorial Calendar
  • Careers
  • The Cyber Express by Cyble Vulnerability Disclosure Policy
  • Cyble Trust Portal

Our Address

We’re remote friendly, with office locations around the world:

San Francisco, Atlanta, Rome,
Dubai, Mumbai, Bangalore, Hyderabad,  Singapore, Jakarta, Sydney, and Melbourne

 

Headquarters:

The Cyber Express LLC
10080 North Wolfe Road, Suite SW3-200, Cupertino, CA, US 95014

 

India Office:

Cyber Express Media Network
HD-021, 4th Floor, C Wing, Building No.4. Nesco IT Park, WE Highway, Goregaon East, Mumbai, Maharashtra, India – 4000063

  • Privacy Statement
  • Terms of Use
  • Write For Us

© 2026 The Cyber Express - Cybersecurity News and Magazine.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Magazine
  • Firewall Daily
  • Essentials
    • Regulations
    • Compliance
    • Governance
    • Policy Updates
  • Knowledge Hub
  • Features
    • Cyber Warfare
    • Espionage
    • Workforce
      • Learning & Development
  • Business
    • Startups
    • Mergers & Aquisitions
    • Partnerships
    • Appointments
    • Budgets
    • Research
      • Whitepapers
      • Sponsored Content
      • Market Reports
    • Interviews
      • Podcast
  • Events
    • Conference
    • Webinar
    • Endorsed Events
  • Advisory Board

© 2026 The Cyber Express - Cybersecurity News and Magazine.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Do This on Telegram, Your Bank Account Will Become Zero If You Install the iOS 18 Beta, Your iPhone Could Be Hacked Cricket World Cup Ticketing Systems Under Cybersecurity Cyber Threats and Online Ticket Scams During the NBA Finals Biometric Data Security: Protecting Sensitive Information