White House cyber fact sheet repeats March fact-sheet language and cites $20.8 billion loss

The White House's August 2026 fact sheet about President Donald J. Trump's memorandum on transnational cyber-enabled crime said: "Until now, outdated frameworks, gaps in coordination, and the absence of meaningful consequences have allowed these networks to thrive."

The White House's March 2026 fact sheet about Executive Order 14390 included similar words: "outdated frameworks, gaps in coordination, and lack of real consequences".

The August fact sheet also said President Trump signed an executive order in March 2026 to combat cybercrime, fraud and predatory schemes. The August memorandum said: "This memorandum expands the fight against TCO-perpetrated cybercrime by incorporating the ingenuity of the private sector." Executive Order 14390 provided for creation of an operational cell within the National Coordination Center and required an action plan to use technical capabilities, threat intelligence and operational insights from commercial cybersecurity firms.

The loss figures differ. The August fact sheet said: "In 2025, American consumers reported losing more than $20.8 billion to cyber-enabled crime." The March fact sheet said: "American consumers reported losing more than $12.5 billion to cyber-enabled fraud in 2024." The two statements are not a like-for-like comparison because they cover different years and different categories, and both use "more than," so each number is a stated lower bound rather than a final total.

The August memorandum's new mechanism, as described by the White House, is authorization. The White House said the National Coordination Center will create a program to authorize participating companies to conduct cyber surveillance operations and cyber effects operations against foreign cyber-enabled transnational criminal organizations "under the control and oversight of the Federal Government."

Analysis: The August document repeats the March fact sheet's framing while adding a private-sector authorization. The loss figures, taken together, do not measure the same category across years because one is cyber-enabled crime and the other is cyber-enabled fraud.