$1 billion in cybercrime thwarted by FBI The Federal Bureau of Investigation (FBI) Recovery Asset Team has denied over $1 billion in attempted cyber theft since January 2025, a 16% increase over the previous administration, according to Director Kash Patel. The Federal Bureau of Investigation (FBI) Recovery Asset Team has denied more than $1 billion in attempted cyber theft since January 2025, which is a 16 percent increase over the same period under the previous administration, the bureau told Breitbart News on Thursday. FBI Cyber Operations OverhaulThis marks the latest success in the FBI's total overhaul of its cyber operations, according to Director Kash Patel. The Recovery Asset Team operates the bureau's Financial Fraud Kill Chain, a process that races to freeze fraudulent wire transfers by coordinating with banks before the money moves beyond reach.In 2025, the team initiated roughly 3,900 such actions against more than $1.1 billion in attempted theft and froze $679 million, a 58 percent success rate, according to the FBI's most recent Internet Crime Complaint Center report. Ben Williamson, an assistant director in the FBI Office of Public Affairs, tied the recovery figures to Operation Blackout, the bureau's campaign against overseas scam compounds.Williamson said the operation has seized roughly $17 billion, arrested hundreds of suspects, freed thousands of trafficked workers, warned more than 10,000 Americans before they lost money, and prevented an estimated $660 million in losses. The intelligence chief said older Americans make up the bulk of the victims. The bureau has referred 99 victims for suicide intervention, seized 584 scam websites, and sent 7,670 fraudulent accounts to private companies for action, according to Fox News Digital.Operation Blackout and Riptide ResultsIn another significant operation, the FBI Cleveland disrupted a Chinese phishing platform linked to nearly $1.9 billion in losses worldwide under Operation Riptide. In April, the FBI and Justice Department filed more than one million cybercrime complaints in 2025 for the first time in the FBI Internet Crime Complaint Center's history, reporting $20.9 billion in losses, with adults 60 and older accounting for $7.7 billion.The FBI is making significant strides in its efforts to combat cybercrime, but there is still much work to be done. The bureau's Recovery Asset Team is a key component of this effort, working tirelessly to deny cybercriminals their ill-gotten gains and protect the American people from these threats. The FBI's total overhaul of its cyber operations is a testament to this dedication and commitment to keeping America safe.