Cybercriminals cost the global economy $454 billion last year. In a single evil internet minute, malicious activity costs international commerce $858,153 and victimizes 1,080 people, according to San Francisco based RiskIQ.
Despite businesses' best efforts to guard against external cyberthreats, spending up to $142,6942 in 60 seconds, bad actors continue to proliferate online, revealed digital threat management firm RiskIQ, which examined the growing volume of malicious activity on the internet in the inaugural "Evil Internet Minute."
What's in an internet minute? According to data from RiskIQ and threat researchers around the world, there's a lot of evil. As cybercrime grows in frequency, complexity, and consequence, the new digital strategies and initiatives employed by legitimate businesses to advance markets and propel themselves ahead of competitors are weaponized against them.
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