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The figure, from the FBI’s annual Internet Crime Complaint Center (IC3) report, is a sharp rise from the $12.5b reported in 2023, reflecting the increased prevalence of online scams, particularly ones including cryptocurrency and those targeting older Americans.
“Since 2020, the virtualization of everything in our lives has increased the attack surface, and we’ve seen criminals move from the physical to the digital world,” she said.
https://www.nbcnews.com/tech/security/fbi-says-online-scams-raked-166-billion-last-year-rcna202358
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