The data from FTC shows how much cybercrimes are becoming frequent in the United States. The Atlas VPN report reveals that overall a loss of $3.56 billion has been recorded in H1 2022, which is a piece of shocking news. According to the insights shared by FTC, online fraud damages incurred by Americans shows $1.18 billion in the first half of 2020, $2.33 billion in the first half of 2021, and $3.56 billion in the first half of 2022. There is a notable increase of 53 percent during the same time in the previous year. In 2022, the most financial loss took place for investment-related scams. Also, the complaints related to investment fraud increased to 52,000. Compared to 2021, 43,000 complaints were reported by FTC.
The report reveals an average investment strategy lures out forty thousand dollars per victim, whereas other online scams deceive over a 3-digit sum. Cybercriminals received $1.63 billion from U.S investors in the first half of 2022, 2.7 times more than in the first half of 2021. Data from FTC also shows a $143.8 million loss due to fake investment-related schemes in the first half of 2020, while in 2022, the loss is significant, which is doubled to $1.63 billion in H1, 2022.
That said, threat actors can acquire a typical six…
