The FBI says cybercriminals were responsible for a record $16,600,000,000 in reported losses last year, up 33% from 2023

The FBI's annual Internet Crime Complaint Center (IC3) report has been published, and it makes for some grim reading. Beyond the staggering statistic that the IC3 has received an average of more than 2,000 complaints a day over the past five years, the Bureau reports that last year's losses to cybercriminals totalled $16.6 billion, with the bulk of those losses attributed to fraud.

That $16.6 billion figure represents an increase of 33% over the previous year. The report (PDF warning) identifies...