Cybersecurity Awareness Month

Cyber threats aren’t slowing down, in fact, they’re getting more expensive and more damaging every year. According to data from the International Monetary Fund and the FBI, the projected average...

Oct 02 2025 12:00

Cyber threats aren’t slowing down, in fact, they’re getting more expensive and more damaging every year. According to data from the  International Monetary Fund  and the  FBI, the projected  average annual cost of cybercrime worldwide could reach $23 trillion by 2027. That’s nearly triple the $8.4 trillion estimated in 2022.

 

Cybercrime Is Rising in the U.S.

 

The FBI reports that Americans lost  about $16 billion to cybercrimes in 2024, a  33% increase  compared to losses in 2023. Criminals are targeting individuals and businesses alike, looking for ways to steal personal information, financial data, and even access to corporate networks.

With October being  Cybersecurity Awareness Month, there’s no better time to strengthen your online defenses.

 

Protect Your Financial Security Online

 

A few proactive steps can drastically reduce your risk:

  1. Use Strong Antivirus Software
    Keep it updated to catch new and evolving threats before they infect your system.
  2. Enable Two-Factor Authentication
    Add an extra layer of protection for banking, email, and other sensitive accounts.
  3. Think Before You Click
    Avoid sharing personal or financial information via email unless you’re 100% certain of the recipient’s identity.
  4. Get Expert Guidance
    Visit the  Cybersecurity and Infrastructure Security Agency (CISA)  at  cisa.gov/secure-our-world  for trusted, practical tips to stay safe online.
  5. Get protected

    Find a company that protects you from identity theft, the dark web, scams and online threats.

    Aura is a great company I use.

 

The Bottom Line

 

Cybercrime is not a distant problem, it’s a growing, costly threat that impacts everyday citizens and organizations worldwide. As the numbers climb, so should our awareness and preparedness. This October, take the initiative to secure your digital life and protect what matters most.