America America
UPDATE
Under Attack Huge wave of cybercrime will cost individuals and businesses $639 billion this year.
A
new wave of cybercrime is swamping the U.S. and will cost
the economy more than $639 billion this year, according to just released data. In the first three months of this
year cyberattacks surged, with organizations around the world experiencing an average of 1,925 attacks per week. That marks a staggering 47% jump compared to the same period in 2024. High-profile breaches at companies including AT&T and Ticketmaster have exposed the personal data of hundreds of thousands of Americans. One major factor is our growing dependence on the internet. As individuals and businesses put more personal and financial information online, the digital landscape has become a much larger — and more lucrative — target for cybercriminals. The shift toward remote work has also opened new doors for attackers. Employees working from home, coffee shops, or shared spaces often rely on unsecured networks and personal devices that lack the protections of a corporate IT environment. Adding to the complexity,
cybercriminals are now leveraging artificial intelligence to make their attacks faster, smarter, and harder to detect. Cybercrime is more than just a
digital threat — it’s a serious financial burden. Experts estimate it costs the U.S. economy anywhere from 0.9% to 4.1% of GDP. These costs add up in multiple
ways: downtime during an attack, ransom payments, system recovery, lost business, reputational damage — and the ripple effects don’t stop there.
26 NEWSMAX | JULY 2025
WSJ: Justice Dept. Probes UnitedHealth Group
T
he justice department is investigating UnitedHealth
Group for possible criminal Medi- care fraud, The Wall Street Jour- nal reported in May. Sources said the federal inves-
tigation is focusing on the com- pany’s Medicare Advantage busi- ness practices. UnitedHealth said in a state-
ment it hadn’t been notified by the Justice Department of the criminal investigation. The state- ment said the company stands “by the integrity of our Medicare Advan- tage program.” In stories in the January and Feb-
ruary issues of Newsmax magazine, we reported that questionable diagno- ses were being used to trigger billions of taxpayer-funded Medicare Advan- tage payments. Medicare Advantage insurers are
paid extra for covering sicker patients, creating an incentive to document
diagnoses for patients they cover. In some cases, The Wall Street Journal reported, questionable diagnoses by UnitedHealth added billions to tax- payers’ costs. The company disputed the Jour-
nal’s findings, saying that its analysis was “inaccurate and biased,” and that Medicare Advantage “provides better health outcomes and more affordable healthcare for millions of seniors” than traditional Medicare.
Top FBI Officials: Jeffrey Epstein Death a Suicide
F
BI Director Kash Patel and deputy director Dan Bongino are in agreement that sexual predator Jeffrey Epstein killed himself in 2019 in Manhattan’s Metropolitan Correctional Center. “As someone who has worked as a public defender, as a prosecutor
who’s been in that prison system, who’s been in the metropolitan detention center, who’s been in segregated housing, you know a suicide when you see one, and that’s what that was,” Patel told Maria Bartiromo on Fox News. Bongino, sitting alongside Patel, added, “He killed himself. I’ve seen the whole file. He killed himself.” According to the Daily Mail, photos taken
after Epstein’s death showed a bruised neck measuring the thickness of a wire, and multiple orange bed sheets fashioned into nooses.
PATEL EPSTEIN EPSTEIN CELL
PATEL/AP IMAGES
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