FBI IC3 Report: $20B Cybercrime Losses, $11.36B Crypto Scams

April 13, 2026

Cybercrime Trends to Watch: Takeaways from the FBI’s 2025 IC3 Annual Report

Seol Namgoong, Kimberly Kiefer Peretti Alston & Bird + Follow Contact LinkedIn Facebook X Send Embed On April 6, 2026, the Federal Bureau of Investigation (FBI) released its 2025 IC3 Annual Report, which provides key trends, case data, and other statistics related to the FBI’s ongoing efforts to combat emerging cybersecurity threats. According to the report, 2025 marked the first time the total reported cybercrime losses surpassed $20 billion, with cryptocurrency scams reaching a record $11.36 billion in losses across the United States.

Key takeaways of the report include:

• Cyber-Enabled Fraud. Cyber-enabled fraud, which includes fraudulent activities committed by criminals such as theft of money, data, and identities, accounted for almost 85% of all losses reported to the FBI in 2025. Business email compromise (BEC) remains as a persistent risk for organizations of all sizes, accounting for over $3 billion in loss.
• Rising Cryptocurrency-Related Crimes. In 2025, the FBI received over 180,000 complaints involving cryptocurrency, with reported losses exceeding $11.36 billion. Cryptocurrency investment scams alone accounted for $7.2 billion in losses, which constitute the highest source of financial loss for cybercrime.
• Ransomware Variants. The FBI identified 63 new ransomware variants in 2025, averaging approximately 5.25 new variants per month. The top reported ransomware variants, including Akira, Qilin, Ransomhub, Lockbit, and Medusa, had the greatest impact on critical sectors such as healthcare, manufacturing, and government facilities.
• Artificial Intelligence (AI) Use in Cybercrime. For the first time, the IC3 report documents the growing use of AI by cybercriminals to conduct successful fraud schemes by generating convincing phishing emails, synthetic video content, and voice cloning. The FBI received more than 22,000 complaints referencing AI, with adjusted losses exceeding $893 million. The report also highlights the FBI’s enforcement efforts to combat the increasing rise of cybercrime in the past year. For instance, the IC3 Recovery Asset Team (RAT) successfully froze hundreds of millions of dollars in fraudulent transfers via the Financial Fraud Kill Chain (FFKC) process through coordination with financial institutions and international partners. In addition, through initiatives such as Operation Level Up, the FBI reduced potential losses by more than $500 million by countering cryptocurrency investment scams.

The IC3 report makes clear that cybercrime is not only increasing in volume, but in the degree of sophistication through the use of AI and cryptocurrency. In light of these trends, organizations should work to reinforce their email security and payment verification processes, update employee awareness training to account for modern social-engineering tactics, and maintain robust incident response plans to ensure rapid escalation and reporting.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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