FBI Reports Record $12.5 Billion in Online Scam Losses in 2023, Highlighting Growing Cybercrime Threat

Benzinga

The FBI reported a record $12.5 billion in losses from online scams in 2023, up over $2 billion from 2022. Over a third of losses, or $4.5 billion, came from investment scams, many involving romance scams tricking people into fake crypto schemes. Reported losses from ransomware attacks also rose, from $34 million in 2022 to $59 million in 2023. The healthcare sector reported the most ransomware incidents of any sector in 2023. The FBI report shows the growing financial toll of cybercrime, but the true costs are likely higher due to unreported scams and attacks.

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00:00 It's Benzinga and here's what's on the block.

00:02 The FBI reported a record $12.5 billion in losses from online scams in 2023,

00:08 up over $2 billion from 2022. Over a third of losses, or $4.5 billion, came from investment

00:14 scams, many involving romance scams tricking people into fake crypto schemes. Reported losses

00:19 from ransomware attacks also rose from $34 million in 2022 to $59 million in 2023. The healthcare

00:26 sector reported the most ransomware incidents of any sector in 2023. The FBI report shows

00:31 the growing financial toll of cybercrime, but the true costs are likely higher due

00:35 to unreported scams and attacks. For all things money, visit Benzinga.com.

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