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.

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.

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.

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