According to new research, companies around the world are suffering huge losses every minute. A Global RiskIQ report found that cybercriminals cost the global economy €1.2 trillion last year, roughly €2.3 billion per minute. This means that large companies pay around €20 per minute due to security breaches, with malicious ad attacks, phishing and supply chain attacks considered the most popular tactics.
awareness
RiskIQ found that approximately €14,200 was lost due to phishing attacks, €1,550 from cryptocurrency trading attacks, and €8,100 from attacks. ; identifiers. It also predicts that €17,817 will be lost due to ransomware attacks around the world. Additionally, RiskIQ reported that it detected 2.4 phishing sites per minute, 0.32 blacklisted apps per minute, and seven malicious redirects per minute. The company said it found that the cybercriminals were motivated by monetary gain, widespread reputational damage, political motives and espionage. "As the scale of the Internet continues to proliferate, the threat landscape is also changing," said Lou Manousos, CEO of RiskIQ. "By compiling the many numbers associated with cybercrime over the past year, we've made the investigation more accessible by framing it in the context of an 'Internet minute.'" Without increased awareness and increased effort to implement the necessary security controls, there will be more attacks using a constantly expanding range of technologies and strategies," he added. "With the recent explosion of web-based and browser-based threats, organizations must look within minutes to assess their current security strategy, and organizations need to realize that they are vulnerable beyond the firewall and beyond the firewall. 'Open internet'.