Oregon Named One of the Riskiest States in America for Financial Cybercrime

Oregon is one of five states ranked as the riskiest for financial cybercrime, according to Cloudwards, an online platform that provides information, reviews, and comparisons of cloud-based technologies.

RankJurisdictionVictims per 1M residentsLosses per 1M residentsCybercrime laws counted
51Washington DC2,588$413.7M4
50Iowa2,412$125.1M6
49Nevada2,620$81.9M8
48Oregon1,767$136.8M7
47Arizona1,659$110.4M6

 

Oregon ranks alongside Washington, DC, Iowa, and Nevada as the riskiest states experiencing high per capita losses and a rising number of victims. These states also have limited legal safeguards in place to fight cybercrime.

Oregon Victims of Cyber Crimes Increased by 36%

The study ranked every state from the safest at number one to the riskiest at number 51 – Oregon is ranked 48. Cloudwards says the victim count in Oregon increased by 36% between 2022 and 2024, while victims numbered 50 for every one million of the population.

Tidings Data Snapshot
Oregon financial cybercrime risk / Cloudwards 2024 metrics
48
Oregon rank out of 51 in Cloudwards risk list
1,767
Victims per 1M residents
$136.8M
Losses per 1M residents
+48.6%
Victim count change since 2022
+421.8%
Loss change since 2022

Source: Cloudwards state ranking using FBI IC3 state loss and victim data (2024)
Dailytidings.com

Total cybercrime losses in the U.S. more than doubled between 2022 and 2024, reaching billions of dollars in reported damages. Most states experienced double-digit increases in the number of crime victims or financial losses. Cloudwards says this highlights a widespread and growing threat.

The in-depth report investigated the risk of financial cybercrime nationwide and used the latest victim and loss data from 2024. Each state was ranked on crime frequency, financial impact, and legislation.

Cloudwards says that financial cybercrime is rapidly escalating with scams like phishing, investment fraud, ransomware, and SIM swapping increasing in scale and complexity.

It found that Minnesota, Mississippi, and Texas were the safest, with relatively strong consumer protections and low victim rates.

However, a point of interest that emerged was that Mississippi remains among the safest, although it has minimal legislation to protect consumers from this type of crime compared to highly regulated states like Illinois, which experienced major losses.

The biggest cybercrime losses were experienced by victims of investment fraud and tech support scams.

Tidings Data Snapshot
Biggest reported loss categories / IC3 2024
Investment fraud / $6.57B
Business email compromise / $2.77B
Tech support / $1.46B
Personal data breach / $1.45B
Other categories / $4.34B

Source: FBI Internet Crime Report 2024 (IC3) / loss totals by crime type
Dailytidings.com

You can explore the full study here: Safest and Riskiest U.S. States for Financial Cybercrime

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