LAS VEGAS (KLAS) — Nevadans reported more than $302 million in cybercrime losses in 2025, ranking third among all states for per-capita losses, according to a report released on Tuesday.
Losses have grown every year since 2015, but they are significantly higher — 6.8 times more — since 2020, The Private Bank by Nevada State Bank said in its report. The national average in 2025 was $6.1 million in losses per 100,000 population, but Nevada came in at $9.2 million.
Nationwide, losses added up to $20.9 billion in 2025.
Nevada also ranked near the top for cybercrime complaints through the IC3 — the FBI’s Internet Crime Complaint Center — with 407.2 complaints per 100,000 people, compared to the national average of 295.1.
“High net worth households face a significant risk. Cybercriminals often target individuals and families with substantial assets and greater public visibility. Investment fraud was Nevada’s costliest form of cybercrime in 2025, responsible for $108.4 million in reported losses. These schemes can range from Ponzi schemes to cryptocurrency scams,” the report said.
Schemes involving hacked or impersonated email accounts generated more than $26.4 million in losses.
Other costly cybercrimes included tech-support scams ($20.1 million), personal data breaches ($18.1 million) and online extortion schemes ($17.0 million).
The cybercrime report is the latest edition of the bank’s High Net Worth Report.
“Nevada’s cybercrime losses have increased dramatically in recent years, underscoring how important it is for individuals and families to take proactive steps to protect themselves,” James Rensvold, executive vice president and director of Private Banking, said.
“While cybercriminals are becoming more sophisticated, many attacks still rely on gaining trust. Preventive measures, such as using strong, unique passwords and preparing a response plan in advance, can help protect both your financial assets and personal information,” Rensvold said.
The report listed steps that can protect against cybercrime. Those steps included keeping software updated, enabling multi-factor authentication and creating a response plan before crime occurs.
Victims of cybercrime should immediately contact their bank, alert law enforcement and change passwords on compromised accounts to reduce risk of further loss.
One of the most common barriers to recovery is victims’ reluctance to report a crime because of embarrassment. That hesitation can be costly.
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