The Federal Bureau of Investigation’s Internet Crime Complaint Center has released its latest annual report, according to a recent news release.

The 2024 Internet Crime Report combines information from 859,532 complaints of suspected Internet crime and details reported losses exceeding $16 billion.

This is a 33% increase in losses from 2023, according to authorities.

Nationwide, the top three cybercrimes, by number of complaints, reported in 2024 were:

•phishing/spoofing

•extortion

•personal data breaches

The top three crime types reported by victims of fraud loss were:

•investment scams

•business email compromise

•tech support scams

Cryptocurrency fraud continues to be a devastating crime, according to authorities.

“In 2024, the IC3 received over 149,000 complaints with $9.3 billion in total losses, representing a 66% increase from 2023,” according to the news release.

“For individuals over the age of 60, the IC3 received over 147,000 complaints spanning across all cyber scams, with losses totaling $4.8 billion. This is a 46% increase in complaints from 2023 and a 43% increase in losses from 2023. The average loss was $83,000,” the release continues.

Pennsylvania was in the top 10 states by number of complaints to IC3 as well as the top 10 states by losses.

In reported complaints per state, Pennsylvania ranked fifth overall with more than 27,000 reports.

In reported losses, Pennsylvania was eighth overall, with losses of over $400 million.

To promote public awareness, the IC3 produces the annual report to aggregate and highlight the data provided by the public.

The IC3 standardizes the data by categorizing each complaint and analyzes the data to identify and forecast trends in Internet crime.

The annual report helps the FBI share information for investigative and intelligence purposes for law enforcement and public awareness.

The FBI recommends frequent review of consumer and industry alerts published by the IC3.

If you or your business are a victim of an Internet crime, immediately notify all financial institutions involved in the relevant transactions, submit a complaint to www.ic3.gov, contact your nearest FBI field office and contact local law enforcement.