{
  "slug": "wedge-fit-ic3-reread",
  "title": "The $20.9 billion re-read: which cybercrime losses a signature would actually have stopped",
  "summary": "We re-scored the FBI's 2025 Internet Crime Report by control instead of crime type. Most of the $20.9B is out of reach. Here is the part that is not.",
  "lede": "Every April, the FBI publishes a number that goes straight onto a slide in a hundred thousand budget meetings. In 2026 that number was $20.877 billion. Nobody has re-read the report by control instead of by crime type, so nobody can tell you which of those dollars a given security purchase would have saved. We did the re-read. Most of the money is out of reach, and saying so is the only way to be trusted about the part that is not.",
  "date": "2026-09-03",
  "reading_time": "18 min read",
  "category": "Research",
  "tags": [
    "FBI IC3 2025",
    "internet crime report",
    "cybercrime losses",
    "business email compromise",
    "wedge-fit score",
    "security budget",
    "fraud prevention"
  ],
  "image": "https://cdn.twc.sh/images/igcache/Wedge%20Fit%20Index/1200_630/blog.jpg",
  "url": "/blog/wedge-fit-ic3-reread.html",
  "wordcount": 4460,
  "related": [
    "deepfake-cfo-wire-fraud",
    "help-desk-mfa-reset-attack",
    "real-estate-wire-fraud"
  ],
  "schema": "Article"
}