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FBI’s Internet Crime Report 2024 records $16.6 billion in cybercrime losses amid rising ransomware threatsm P2


APRIL 24, 2025

Source: Industrial

Photo / Image Source: Unsplash,


These escalating losses are particularly troubling given the FBI’s intensified efforts in 2024 to disrupt cybercriminal operations and increase the cost of malicious activity. Notably, a significant blow was delivered to LockBit, one of the most active ransomware groups globally. Since 2022, the FBI has distributed thousands of decryption keys to ransomware victims, helping to prevent an estimated $800 million in ransom payments.




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