Cybercrime losses near $21B: 5 ways to protect your money

Nearly $21 billion.

That number jumped out at me when I looked at the FBI's latest cybercrime data.

Behind that enormous loss are families who watched savings disappear and people who trusted the wrong investment pitch.

Some victims had no clue someone was moving their money until they checked an account.

Americans reported nearly $21 billion in losses to cyber-enabled crime during 2025, up 26% from the year before.

Investment fraud caused the biggest financial hit at about $8.65 billion.

I recently joined "Fox & Friends Weekend" to talk about those numbers and a bigger problem I see coming.

Scammers now have AI tools that can make a fake message, voice or identity far more believable than the clumsy scams many of us learned to recognize years ago.

That changes how we need to protect our money.

Here are five practical steps you can take now to put stronger barriers between scammers and your savings.

Missed CyberGuy LIVE? Watch the Protect Your Money replay Our free CyberGuy LIVE class, Protect Your Money From Today’s Biggest Threats , has ended, but you can still watch the full replay and download our financial protection checklist.

Kurt "CyberGuy" Knutsson walks you through five simple ways to help defend yourself against AI scams, fraud, identity theft and financial hacks.

You’ll learn how to set up bank alerts, strengthen your account logins, protect your phone number, freeze your credit and help secure your retirement savings against unauthorized transfers.

No technical experience is needed.