$16.6 Billion Lost: The True Cost of Cybercrime in America

Cybercrime in the U.S. has reached new, record-breaking heights.

In this episode, we dive deep into the FBI's 2024 Internet Crime Complaint Center (IC3) report — a comprehensive look at the economic and human toll of cybercrime in America. With $16.6 billion in reported losses, a 33% increase year-over-year, and 859,532 complaints filed, the data paints a grim picture of just how widespread and costly online threats have become.

We’ll unpack:

• Why fraud and ransomware continue to dominate the threat landscape
• The growing vulnerability of older Americans, who lost nearly $4.8 billion in 2024 alone
• How underreporting and imperfect tracking mean the real losses are likely much higher
• The rise of impersonation scams, including fake FBI agents preying on previous victims
• What this means for individuals, businesses, and national infrastructure moving forward

🔐 Whether you're in cybersecurity, risk management, or just trying to stay informed — this is an episode you don't want to miss.

🎧 Tune in now and find out what the numbers are really telling us.

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