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In February, the crypto industry experienced over $67 million in losses due to hacks and fraud across 12 incidents. DeFi remains a prime target for exploits. Additionally, various reports indicate a significant increase in internet crime losses, with the FBI's Internet Crime Complaint Center reporting losses exceeding $12.5 billion in 2023, up 22% from the previous year. Specific losses include Coloradans losing $164 million to fraudsters in 2023, and US ransomware losses surging by 74% to $59.6 million in the same year.
FBI: US Ransomware Losses Surge 74% to $59.6 Million in 2023 https://t.co/BVIw5ZhFmU
FBI: in 2023, Americans reported $12.5B+ in losses to online fraud, up 22% YoY; losses to investment fraud grew 38% YoY to $4.57B, with $3.94B related to crypto (@jredd66 / The Record) https://t.co/DoVsvHW0Q2 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/GojZfddA7M
The #FBI Internet Crime Complaint Center (IC3) released its 2023 annual report on cybercrime. The good news? More of you are reporting crimes. The not-so-good? Losses are up, too: $12.5 billion. Investment scams were the most-reported crime. Details here: https://t.co/kNazdeLupN https://t.co/vV2tLymEAF
