Security News > 2020 > August > The global cost of cybercrime per minute to reach $11.4 million by 2021

Cybercrime costs organizations $24.7, YOY increase of more than $2 every minute, a RiskIQ report reveals.

The report covers the top threats facing today's organizations, which are proliferating at a clip of 375 per minute, and reflects the current surge in attacks leveraging the COVID-19 pandemic.

Other malicious activity 1.5 attacks on computers with an Internet connection per minute.

5.5 vomain infringements detected per minute.

"The sheer scale of today's threat activity is driven by a variety of factors, including that cybercrime is easier than ever to participate in and better threat technology makes cybercriminals more effective and wealthier than in the past," said Lou Manousos, CEO, RiskIQ. Commonly used tactics.

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