2024 sees record $16B rise in cybercrime losses

August 29, 2024
1 min read



TLDR:

According to a recent report from the FBI, Americans have reported $1.6 billion in cybercrime losses between January and May 2024, representing a $300 million increase from the previous year. The FBI is urging individuals to take steps to prevent cybercrime victimization, such as reporting cyber issues, ignoring unsolicited offers, double-checking information, and avoiding sharing personally identifiable information.

Article Summary:

Recently, the FBI reported a significant increase in cybercrime losses for Americans, totaling $1.6 billion between January and May 2024. This represents a $300 million jump from the previous year, raising concerns about the government’s ability to protect citizens from cyber threats. To combat cybercrime, the FBI has launched educational campaigns like ‘Take a Beat’ to raise awareness and educate the public about common tactics used by fraudsters.

The FBI recommends four key steps for individuals to prevent falling victim to cybercrime:

  • Reporting cyber issues immediately and monitoring credit reports
  • Ignoring unsolicited offers and being skeptical of urgent requests
  • Double-checking the legitimacy of individuals or businesses online
  • Avoiding sharing personally identifiable information with strangers

By following these steps, individuals can reduce their risk of falling prey to cyber scams and fraud. The FBI emphasizes the importance of cyber awareness and encourages the use of antivirus software for protection against online threats.


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