The FBI’s Internet Crime Complaint Center (IC3) published its annual report showing rising financial losses—reaching $20.9 billion in 2025—from digital crime. IC3 receives nearly 3,000 cybercrime complaints daily, though not all victims report incidents.
Investment-related fraud, business email compromise, and tech support scams are the three largest drivers of losses. In addition, the report notes that every area of critical infrastructure—including healthcare, financial services, government, and manufacturing—was targeted by ransomware attacks.
Below, you’ll find additional tech policy news and a featured podcast. Thank you.
This Week in Washington
- The Hill: The FBI formally notified Congress of a breach of their phone surveillance systems, as required by the Federal Information Security Modernization Act (FISMA) when a breach is considered major. The move signals an escalation of a previously reported hack, which has been linked to China.
- NextGov: The Trump Administration released its proposed budget for FY2027 last Friday. The budget proposal includes billions of dollars newly allocated to AI and energy systems, including investments designed to deploy AI to increase efficiency throughout the administration. The budget also includes significant cuts to the Cybersecurity and Infrastructure Security Agency (CISA).
- FedScoop: Senator Mark Kelly (D-AZ) and Representative Brian Fitzpatrick (R-PA) sent a letter to the White House asking the administration to apply labor-related AI adoption recommendations provided in a 2025 report by the AFL-CIO. The letter focused on both job security and skilling opportunities as areas of recommended investment.
- Reuters: The Federal Communications Commission (FCC) is planning to expand a 2025 policy banning Chinese labs from testing technology to be used in the United States. While the previous order applied only to government-owned entities, the new proposal will include any labs based in China, accounting for 75% of all tested electronics. The FCC will vote on the plan at the end of the month.
Article Summary
- MIT Technology Review: Microsoft AI CEO Mustafa Suleyman published a new op-ed in the MIT Technology Review discussing the future of AI innovation. In it, he argues that with increased energy output, the possibilities for AI development and efficiency is nearly limitless.
- EdScoop: The University of Florida will convene a task force across the Orange State’s K-12 educational institutions to develop a comprehensive AI literacy and education plan.
- StateScoop: West Virginia passed legislation to centralize its cybersecurity policies and protocols within the office of the state’s chief information security officer (CISO). The office recently invested $1.3 million into cyber risk software and planning.
- NBC Boston: A recycling center in Boston is using AI to sort and analyze items for quality control and improve efficiency. The company’s new system has doubled processing from 19 to 35-40 tons per hour, a significant improvement.
Featured Podcast
- Tools and Weapons
AI is changing the future of work, but that doesn’t mean it is leaving people behind. Microsoft President Brad Smith talked with LinkedIn CEO Ryan Roslansky on the Tools and Weapons podcast about AI skilling opportunities and how new technologies can be a partner to an innovative workforce. (Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work – March 31, 2026) – 41 minute listen
Note: Voices for Innovation regularly shares a range of opinion articles and press releases from organizations in and publications covering tech policy. These pieces are meant to educate our audience, not to endorse specific platforms or bills.