In 2023, individuals aged 60 and older in the United States lost more than 1.2 billion U.S. dollars in online investment fraud, an increase from 990 million U.S. dollars in the previous year. This was the cybercrime type, causing the most significant monetary damage to the elderly victims. Tech support scams ranked second, causing the victims around 590 million U.S. dollars in losses. Romance scams followed third, registering nearly 356 million U.S. dollar losses in the examined year.
Monetary losses of cybercrime victims among individuals over 60 years in the United States in 2023, by type of crime
(in million U.S. dollars)
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based on cases reported to the IC3, wider industry metrics may vary
Supplementary notes
**Regarding BEC losses: A whole number is given to depict the overall victim count and is then broken out into separate counts to identify when a Victim over 60 may be reporting victimization on behalf of a business or personally.
Ransomware adjusted losses do not include estimates of lost business, time, wages, files, equipment, or any third-party remediation services acquired by a victim. In some cases, victims do not report any loss amount to the FBI, thereby creating an artificially low overall ransomware loss rate. Lastly, the number only represents what victims report to the FBI via the IC3 and does not account for victims directly reporting to FBI field offices/agents.
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IC3. (December 12, 2023). Monetary losses of cybercrime victims among individuals over 60 years in the United States in 2023, by type of crime (in million U.S. dollars) [Graph]. In Statista. Retrieved May 15, 2025, from https://www.statista.com/statistics/1390143/financial-losses-us-cybercrime-elderly-by-type/
IC3. "Monetary losses of cybercrime victims among individuals over 60 years in the United States in 2023, by type of crime (in million U.S. dollars)." Chart. December 12, 2023. Statista. Accessed May 15, 2025. https://www.statista.com/statistics/1390143/financial-losses-us-cybercrime-elderly-by-type/
IC3. (2023). Monetary losses of cybercrime victims among individuals over 60 years in the United States in 2023, by type of crime (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 15, 2025. https://www.statista.com/statistics/1390143/financial-losses-us-cybercrime-elderly-by-type/
IC3. "Monetary Losses of Cybercrime Victims among Individuals over 60 Years in The United States in 2023, by Type of Crime (in Million U.S. Dollars)." Statista, Statista Inc., 12 Dec 2023, https://www.statista.com/statistics/1390143/financial-losses-us-cybercrime-elderly-by-type/
IC3, Monetary losses of cybercrime victims among individuals over 60 years in the United States in 2023, by type of crime (in million U.S. dollars) Statista, https://www.statista.com/statistics/1390143/financial-losses-us-cybercrime-elderly-by-type/ (last visited May 15, 2025)
Monetary losses of cybercrime victims among individuals over 60 years in the United States in 2023, by type of crime (in million U.S. dollars) [Graph], IC3, December 12, 2023. [Online]. Available: https://www.statista.com/statistics/1390143/financial-losses-us-cybercrime-elderly-by-type/
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