![How cyberscams are draining Americans wallets by the billions](https://static.foxnews.com/foxnews.com/content/uploads/2025/02/3-how-cyberscams-are-draining-americans-wallets-by-the-billions.jpg)
How cyberscams are draining Americans wallets by the billions
Fox News
Scams cost Americans an estimated $159 billion every year and average about $3,500 in losses per victim. The CyberGuy has advice to protect yourself.
With nearly 90% of Americans targeted by scam attempts and 40% receiving suspicious messages daily, the question remains: how can we protect ourselves and hold perpetrators accountable in an increasingly digital world? Kurt "CyberGuy" Knutsson is an award-winning tech journalist who has a deep love of technology, gear and gadgets that make life better with his contributions for Fox News & FOX Business beginning mornings on "FOX & Friends." Got a tech question? Get Kurt’s free CyberGuy Newsletter, share your voice, a story idea or comment at CyberGuy.com.
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