According to an FBI analysis released this month, Americans lost $10.3 billion to a wide range of cyber frauds last year.

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By James Dan

The FBI's yearly report found that 2,000 complaints were submitted daily to the Internet Crime Complaint Center, the biggest in five years.

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Phishing scams were the most often reported crimes in 2022, with 300,497 victims reporting losses of more than $52 million, according to the FBI.

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The research says, the following most frequent internet scams in 2022 claimed 58,859 and 51,679 victims each. These scams involved data breaches.

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By the use of emails from familiar contacts, phishing attempts to deceive victims into clicking on unsafe websites.

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Ransomware is a type of cyber intrusion that locks up a device's data until a ransom is paid, making it difficult to recover from an attack.

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Based on the study, the FBI "received 2,385 reports categorized as ransomware with adjusted losses of more than $34.3 million" in 2022.

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Ransomware extortion has increased, with threat actors threatening to release stolen data if victims don't pay. The IC3 has issued a warning.

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The healthcare sector was by far the most frequently targeted by ransomware attacks, followed by vital manufacturing and the government.

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The FBI does not advocate paying a ransom, as it can lead to more attacks, inspire other criminals, and provide money for illegal actions.

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The Justice Department destroyed HIVE, a ransomware gang responsible for 87 attacks on critical infrastructure.

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The elderly lost $3.1 billion to internet scams in 2022, and the FBI has a 73% success rate in recovering victims' money.

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