Security News > 2019 > July > Every minute, $2.9 million is lost to cybercrime

Cybercriminals cost the global economy $2.9 million every minute last year, a total of $1.5 trillion, according to RiskIQ. Top companies pay $25 per minute due to security breaches. Additional malicious activity includes: $1,930: the cost of hacks on cryptocurrency exchanges every minute $17,700: lost from phishing attacks per minute $22,184: the projected by-the-minute cost of global ransomware events in 2019 8,100: identifier records compromised every minute 7: malicious redirectors detected each minute 2.4: phish … More → The post Every minute, $2.9 million is lost to cybercrime appeared first on Help Net Security.

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