Fact-check · Oct 21, 2026
“You're bringing cybercrime to the lowest level since this has existed as an industry”
FALSE
What the record shows
FBI IC3 recorded 1,008,597 cybercrime complaints and $20.877 billion in losses in 2025, up 26% from 2024 and representing record highs, not lows. Complaints have grown from 288,000 in 2015.
Cybercrime complaints and losses reached record highs in 2025, not lows. The claim directly contradicts FBI IC3 data showing 26% increase in losses and 17.3% increase in complaints year-over-year.
Sources
- FBI IC3 Report 2025: $20.9B in Cybercrime Losses: Key Takeaways for Security Teams
- FBI IC3 2025 report: Email fraud is now a $4 billion problem
- FBI IC3 Report: Half of 2025 U.S. Fraud Losses Were Linked to Cryptocurrency Scams
- 10 key numbers from the 2024 FBI IC3 report
- FBI’s 2024 Internet Crime Complaint Center Report Released
- FBI Releases Its 2025 Internet Crime Report and Highlights Significant Cyber Threats to Financial Institutions and Their Customers: Bressler, Amery & Ross, P.C.
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