What are the most common types of cybercrime that caused Americans to lose $21 billion last year?

According to the FBI's report on record-breaking $21 billion in losses to cybercrime last year, the primary drivers were investment scams, business email compromise (BEC), tech support fraud, and data breaches. Investment scams involve fraudulent schemes promising high returns through fake platforms or manipulated investments, often targeting individuals via social media or phishing emails. Business email compromise occurs when criminals impersonate executives or vendors to trick employees into transferring funds or sensitive data, exploiting trust within organizations. Tech support fraud includes scams where fraudsters pose as tech support agents to gain remote access to devices or extract payment for fake services. Data breaches involve unauthorized access to personal or financial information, leading to identity theft or further scams. These four categories collectively represent the most significant threats, highlighting the need for vigilance in both personal and professional digital interactions.

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