FBI’s 2024 Internet Crime Report reveals a 33% rise in cybercrime losses to $16.6bn, with cryptocurrency fraud surging 66% to $9.3bn, driven by investment scams, extortion, and ATM fraud

The report highlights a surge in two major threats: extortion and phishing, both of which continue to target individuals and organizations across the country. In particular, Alabama has been identified as one of the states with high vulnerability to cybercrime, ranking 26th in the number of complaints filed. Seniors, especially those over the age of 60, have been the hardest hit with losses exceeding $33 million. The report also underscores…