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FBI confirms $16.6 billion losses to cyber-crime in 2024
- The FBI's Internet Crime Report for 2024 reveals a $16.6 billion loss to cybercrimes, reported to the IC3, indicating a significant impact of internet-based criminal activities.
- Fraud, including ransomware attacks on critical infrastructure, remains a leading cybercrime threat, causing financial harm and societal disruptions.
- A 9% increase in cybercrime incidents was noted in 2024 compared to 2023, with elderly individuals being increasingly targeted due to limited digital literacy.
- Elderly vulnerability arises from a lack of awareness and preparedness for cyberattacks, making them susceptible to phishing and online scam schemes.
- Experts advise elderly individuals to be cautious of unsolicited links, protect personal information, avoid digital arrest scams, and enhance account security.
- Ransomware threats, including variants like Akira and LockBit, are prominent in cybercrime, targeting organizations and demanding hefty ransoms.
- The IC3's report underscores the importance of cybersecurity resilience, particularly in critical infrastructure, to combat evolving cyber threats effectively.
- The FBI report emphasizes the need for enhanced awareness and preventive measures to mitigate cybercrime risks, especially for vulnerable populations like the elderly.
- Education, awareness, and proactive cyber hygiene are crucial in the face of advancing cybercriminal tactics and increasing digital system vulnerabilities.
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