Americans lost $20.9B to cybercrime in 2025
Summary
ABA Banking Journal reports FBI data showing Americans lost $20.9 billion to cybercrime in 2025, a 26% increase from the prior year. The article discusses common attack vectors affecting banks and their customers, along with recommended defensive measures. Financial institutions should note the escalating threat landscape when reviewing cybersecurity programs.
What changed
The ABA Banking Journal published an article reporting FBI cybercrime statistics showing Americans lost $20.9 billion to cybercrime in 2025, representing a 26% year-over-year increase. The article discusses attack vectors targeting financial institutions and their customers.
Banks and financial advisers should treat this data as evidence of growing cyber risk exposure. Compliance and risk teams should review existing controls, update incident response procedures, and enhance customer-facing fraud prevention programs. The increase in losses underscores the need for ongoing investment in cybersecurity infrastructure and staff training.
What to do next
- Review cybersecurity controls against evolving threat landscape
- Enhance customer education on fraud and phishing awareness
- Monitor FBI advisories for emerging attack patterns
Archived snapshot
Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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FBI: Cybercrime losses increased 26% in 2025
April 7, 2026 Reading Time: 1 min read Americans lost nearly $20.9 billion to cybercrime last year, representing a 26% surge from the year before, as scammers increasingly turned to cryptocurrency and artificial intelligence to facilitate their crimes, according to a new report by the FBI’s Internet Crime Complaint Center, or IC3.
The IC3 received more than one million complaints in 2025, up from roughly 859,000 in 2024. Investment fraud alone accounted for more than $8.6 billion in losses last year. Business email compromises accounted for $3 billion in losses, followed by tech/customer support fraud at $2.1 billion and personal data breaches at $1.3 billion.
The elderly remain the primary target for fraudsters, with victims aged 60 or over reporting more than $7.7 billion in losses. Victims aged 50-59 reported more than $3.6 billion in losses, with younger age groups reporting less. The average loss among all victims was $20,699. That average increased to $62,604 when crypto was involved. Complaints involving cryptocurrency accounted for more than $11 billion in total losses, a 22% increase from 2024.
For the first time this year, the IC3 report included a section on AI-facilitated fraud, which accounted for more than 22,000 complaints and nearly $893 million in losses. “Scammers rely on pressure techniques to defraud Americans while deploying fake social profiles, voice clones, identification documents, and believable videos depicting public figures or loved ones,” the agency said.
Tags: Artificial intelligence Cryptocurrency Cyber crime Digital assets Elder abuse Financial crimes Fraud Scams Share Tweet Pin
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