A recent report from CenturyLinkQuote looks at the amount of money Americans lost last year in online scams that were reported to the FBI. Along with the massive total of $2.4 billion in losses, the report breaks down which states had the highest victim rates and highest average losses per victim.
CenturyLinkQuote put together its report based on the FBI’s IC3 data from 2018. Keep in mind this is all based on reported losses, so actual US losses are certainly higher than the $2.4 billion.
Here are the most common types of online scams:
North Carolina had the highest average loss per victim at $18,241. Meanwhile, Alaska had the highest victim rate per resident.
Business Email Compromise (BEC) and Email Account Compromise (EAC) made up the largest bulk of losses.
That statistic is a good reminder to practice safe password management with iCloud Keychain or a password manager like 1Password or LastPass.
The report also highlights that the elderly are an at-risk group, losing $650 million last year.
Read the full report here.
Images via CenturyLinkQuote
