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Protection facts & stats
6 sourced facts about personal and financial protection, each with the context behind the number. 4 more are in today's round and appear here after it closes.
The basics
How much money did U.S. consumers report losing to fraud to the FTC in 2024?
Answermore than $12.5 billion
That's a 25% jump from 2023, even though the number of fraud reports stayed about the same at 2.6 million.
Source: Federal Trade Commission, Consumer Sentinel Network (2024) ftc.gov
What record amount of losses did the FBI's Internet Crime Complaint Center (IC3) record in 2024?
Answer$16.6 billion
IC3 received 859,532 complaints, and the average complaint involved a reported loss of $19,372.
Source: FBI Internet Crime Report 2024 (via CyberScoop) (2024) cyberscoop.com
Going deeper
Of people who reported a fraud to the FTC in 2024, what share said they actually lost money?
Answer38%
That was up sharply from 27% in 2023, which is why total losses rose even though report numbers didn't.
Source: Federal Trade Commission, Consumer Sentinel Network (2024) ftc.gov
About how many identity theft reports did the FTC receive through IdentityTheft.gov in 2024?
Answermore than 1.1 million
Identity theft is only part of the picture: the FTC's Sentinel network logged 6.5 million consumer reports of all kinds in 2024.
Source: Federal Trade Commission, Consumer Sentinel Network (2024) ftc.gov
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