Internet crime victims in South Dakota have the highest financial losses in the U.S.

Internet crime victims in South Dakota have the highest financial losses in the U.S.

• South Dakotans have lost the most money on average in the U.S., with a loss of $45,827 per victim.
• New Jersey follows in second place, while California is third.
• Victims in West Virginia have the lowest financial losses to Internet crime on average, at $12,775.

A new study reveals that South Dakota has the victims with the highest average financial losses to Internet crime in the United States.

Leading digital mailbox provider iPostal1 analyzed the most recent Federal Bureau of Investigation Internet Crime Report on the financial losses and number of victims of each U.S. state to Internet crime. These crimes include investment fraud, business email compromise, personal data breaches, and government impersonation, which have resulted in over $12.5 billion in losses in 2023 in the U.S.

South Dakotans have lost the most money to Internet crimes in the U.S., with an average loss of $45,826.72 per victim. Overall, $35,855,494 was lost to cybercrime in the state, where 784 people fell victim.

New Jersey is in second place, with an average loss of $44,214.05 per victim. The state recorded a total financial loss of $441,151,263 and 9,978 victims.

California takes third spot, with victims losing $42,079.05 on average. The state has lost the most money to Internet crimes in the U.S., with a total loss of $2,159,454,513 in 2023 and 51,319 victims.

Kansas ranks fourth, with an average loss of $39,578.99 per victim. Overall, the state reported 2,377 total victims and a loss of $39,578.99.

In fifth place is Minnesota, with each Internet crime victim losing an average of $35,445.46. Overall, the state lost a total of $193,949,414 and reported 5,472 victims.

New York is sixth on the list, with victims losing $35,178.54 on average. The state recorded a total loss of $749,955,480 to cybercrime and 21,313 victims.

Ranking seventh is Montana, with victims in this state losing an average of $34,602.05 to Internet crime. The state reported 1,316 victims and a total loss of $45,554,368.

Hawaii takes eighth place, with an average financial loss of $33,066.13 per victim. Overall, the state recorded a total loss of $51,722,052 and 1,563 victims.

Texas ranks ninth, with victims losing $32,994.65 on average. The state has the second-highest financial loss to cybercrime in the U.S., at $1,021,547,286 and 30,961 victims.

Utah completes the ten states where victims have suffered highest financial losses to Internet crime. On average, victims in Utah lost $31,769.59 and the state recorded a total loss of $132,257,035 and 4,163 victims.