North Carolina NC residents lost nearly $29 million to scams in 2024. How to protect yourself
Key Takeaways Key Takeaways AI-generated summary reviewed by our newsroom. Read our AI Policy. North Carolina lost $28,949,521 to data breach scams in 2024; 1,800+ victims.
Losses rose 286% year over year; about 85% of payments were in cryptocurrency.
Officials urge stronger identity controls, avoid sharing credentials and monitor accounts.
Having your personal data stolen can deal a major blow to your sense of security — and your wallet.
In fact, North Carolina residents suffered millions of dollars in financial losses to data breach-related scams last year, according to a report by CNC Intelligence, a digital forensics company.
There was a 286% hike in data breach-related scams reported in North Carolina between 2023 and 2024, according to a recent report. Leon Neal Getty Images
Though the loss rate was far lower than other states, it still cracked the Top 20.
So exactly how much money did North Carolina residents lose? And how can you best protect yourself from getting scammed?
Here’s what to know.
How much did NC residents lose to data breach scams?
North Carolina residents lost a whopping $28,949,521 to personal data breach scams in 2024, according to CNC Intelligence.
For perspective, that’s about $262,081 in losses for every 100,000 residents — the nineteenth-highest rate in the nation, data show. More than 1,800 North Carolinians were impacted with an average loss
Source: https://www.newsobserver.com/news/state/north-carolina/article313281775.html
CAPE Asset Management cybersecurity rating report: https://www.rankiteo.com/company/capeam
"id": "CAP1764802368",
"linkid": "capeam",
"type": "Breach",
"date": "1/2024",
"severity": "50",
"impact": "2",
"explanation": "Attack limited on finance or reputation"{'affected_entities': [{'customers_affected': '1,800+',
'industry': None,
'location': 'North Carolina, USA',
'name': 'North Carolina Residents',
'size': '1,800+ victims',
'type': 'Individuals'}],
'customer_advisories': 'Officials urge stronger identity '
'controls, avoid sharing credentials, and '
'monitor accounts.',
'data_breach': {'data_encryption': None,
'data_exfiltration': None,
'file_types_exposed': None,
'number_of_records_exposed': None,
'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': 'Personal data'},
'date_publicly_disclosed': '2024',
'description': 'North Carolina residents lost nearly $29 million '
'to data breach-related scams in 2024, with over '
'1,800 victims. Losses rose 286% year over year, '
'with about 85% of payments made in '
'cryptocurrency.',
'impact': {'brand_reputation_impact': None,
'conversion_rate_impact': None,
'customer_complaints': None,
'data_compromised': None,
'downtime': None,
'financial_loss': '$28,949,521',
'identity_theft_risk': 'High',
'legal_liabilities': None,
'operational_impact': None,
'payment_information_risk': None,
'revenue_loss': None,
'systems_affected': None},
'initial_access_broker': {'backdoors_established': None,
'data_sold_on_dark_web': None,
'entry_point': None,
'high_value_targets': None,
'reconnaissance_period': None},
'lessons_learned': 'Stronger identity controls, avoiding sharing '
'credentials, and monitoring accounts are '
'critical to preventing scams.',
'motivation': 'Financial gain',
'post_incident_analysis': {'corrective_actions': None,
'root_causes': None},
'ransomware': {'data_encryption': None,
'data_exfiltration': None,
'ransom_demanded': None,
'ransom_paid': None,
'ransomware_strain': None},
'recommendations': 'Implement stronger identity controls, avoid '
'sharing credentials, and monitor accounts '
'regularly.',
'references': [{'date_accessed': '2024',
'source': 'CNC Intelligence',
'url': None},
{'date_accessed': None,
'source': 'Leon Neal Getty Images',
'url': None}],
'regulatory_compliance': {'fines_imposed': None,
'legal_actions': None,
'regulations_violated': None,
'regulatory_notifications': None},
'response': {'adaptive_behavioral_waf': None,
'communication_strategy': 'Officials urge stronger '
'identity controls, avoid '
'sharing credentials, and '
'monitor accounts.',
'containment_measures': None,
'enhanced_monitoring': None,
'incident_response_plan_activated': None,
'law_enforcement_notified': None,
'network_segmentation': None,
'on_demand_scrubbing_services': None,
'recovery_measures': None,
'remediation_measures': None,
'third_party_assistance': None},
'title': 'North Carolina Residents Data Breach Scams 2024',
'type': 'Scam'}