A new study finds California cyberattack victims lost the No. 6 most money in the nation last year with an average of $8,936 per victim.

A record $4.2 billion was lost to cybercriminals in 2020, up from $3.5 billion the year prior.

The most populated states -- California, Texas, and Florida -- lost the most money collectively, but adjusting for population size shows where individual victims were hit the hardest.

CCTV Camera World released a study on the State of Cybercrime in America after analyzing FBI Internet Crime Compliant Center (IC3) data from 2011-2021. The rankings were determined by dividing the total money lost in each state by the number of victims in that state.

A recent survey found that more than four in 10 Americans had been the victim of cybercrime, and about half of all small businesses have experienced an attack or attempted attack in the past year.

Hacking, phishing, identity theft, tech support fraud — whatever form the attack takes, cybercrime is increasingly costly to American families and businesses. (INT)

Story Date: September 28, 2021