Cybercrime Losses Hit Record High in 2023
The FBI fielded 880,418 cybercrime complaints with combined potential loss of $12.8 billion last year
by Brooklee Han
“The cyber landscape is threatened by a multitude of malicious actors who have the tools to conduct large-scale fraud schemes, hold our money and data for ransom, and endanger our national security,” Timothy Langan, the executive assistant director for the FBI, said in a statement. “Profit-driven cybercriminals and nation-state adversaries alike have the capability to paralyze entire school systems, police departments, healthcare facilities, and individual private sector entities. The FBI continues to combat this evolving cyber threat. Our strategy focuses on building strong partnerships with the private sector, removing threats from U.S. networks, pulling back the cloak of anonymity many of these actors hide behind and hitting cybercriminals where it hurts: their wallets, including their virtual wallets.” Click HERE to learn more.
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