“Final yr noticed a brand new document for losses reported to IC3, totaling a staggering $16.6 billion,” the report mentioned. Fraud represented the majority of reported losses in 2024.
The main grievance was phishing/spoofing (193,407 complaints), adopted by extortion (simply over 86,000), and private data breach (simply over 64,800). Enterprise e-mail compromise scams, for instance, the place a scammer pretends to be a enterprise companion of a agency and asks that the agency change the checking account to which it sends funds to 1 underneath the scammer’s management, ranked seventh, just under tech assist scams.
Ransomware ranked manner beneath, with 3,156 complaints and an estimated $12.473 million in losses, in comparison with over $2 billion in enterprise e-mail compromise losses and $70 million in phishing/spoofing losses.