In Just One Evil Internet Minute Over Two Phish are Detected and $2.9 Million is Lost to Cybercrime, Reveals RiskIQ

RiskIQ released its annual “Evil Internet Minute” report. The company tapped proprietary global intelligence and third-party research to analyze the volume of malicious activity on the internet, revealing that cybercriminals cost the global economy $2.9 million every minute last year, a total of $1.5 trillion. The data shows that in a single internet minute, $2,900,000 is lost to cybercrime. Top companies pay $25 per minute due to security breaches.