INFOGRAPHIC
RiskIQ research reveals cost
of cybercrime
W
ith cybercriminals costing the
global economy US$600 billion
last year alone, global digital
threat management company RiskIQ tapped
proprietary and third-party research to
examine the growing volume of malicious
activity on the Internet to reveal the latest
‘Evil Internet Minute.’
The data shows that in a single ‘evil’
Internet minute, US$1,138,888 is lost to
cybercrime and 1,861 people fall victim.
Despite businesses’ best efforts to guard
against external cyberthreats, spending up
to US$171,233 in 60 seconds, attackers
continue to proliferate and launch successful
campaigns online.
“As the Internet and its community continue
to grow at a rapid pace, the threat landscape
targeting it grows at scale as well,” said
RiskIQ CEO Elias Manousos. “We made
the vast numbers associated with it more
accessible by framing them in the context of
an ‘internet minute’.
“Leveraging the latest research as well as
our own global threat intelligence, we’re
defining the sheer scale of attacks that take
place across the Internet to help businesses
better understand what they’re up against
on the open web.”
Attacker tactics range from malware to
phishing to supply chain attacks targeting
third-parties. Their motives include monetary
gain, large-scale reputational damage,
politics and espionage.
Cybercriminals continue to find success in a
range of tactics including launching 1,274
pieces of unique malware and deploying
more than nine malvertisements each ‘evil
Internet minute’.
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