RiskIQ reported that it "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 July 24, 2019 report entitled "In Just One Evil Internet Minute Over Two Phish Are Detected And $2.9 Million Is Lost To Cybercrime, Reveals RiskIQ" and included these malicious activities which RiskIQ refers to the annual "Evil Internet Minute":
$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 traversing the internet per minute
0.32: blacklisted apps by-the-minute
0.21: Magecart attacks detected every minute
Unfortunately I'm sure that no one is surprised by this news!
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.