News & Views

RiskIQ releases evil internet report
 

Nearly 650 cyber threats are happening daily according to the latest RiskIQ (www.riskiq.com) annual ‘Evil Internet Minute’ security intelligence report.  Tapping into RiskIQ’s proprietary global intelligence and third-party research, the report analyses the volume of malicious activity on the internet, revealing that cybercrime now costs organizations a whopping $1,797,945 per minute.

With the security perimeter bleeding into the entire internet, the Report aims to illuminate the top threats facing organizations today and put the year’s cybersecurity research into context by framing it on a micro-scale.

Industries such as e-commerce which saw a record $861.1 billion in sales faced $38,052 in losses to online payment fraud per minute, according to the Report.  Whilst the healthcare sector spent $13 per minute on digital security breaches. Over 520,000 (525,600) records were compromised per minute; and six organization per minute were victimized by ransomware.


“Cybercrime is easier than ever to participate in.  Better threat technology makes cybercriminals more effective and wealthier than ever before,” says Lou Manousos, CEO, RiskIQ.  “We have compiled the vast numbers associated with cybercrime over the past year with help from our Internet Intelligence Graph and third-party sources to help businesses and researchers better understand what they’re up against.”

To defend their organizations, security teams need actionable security intelligence that provides a bird’s eye view of the global attack surface and illuminates threats most relevant to their unique attack surface.  Solutions must clearly show the nature of an organisation's internet relationships and how they fit into the broader global attack surface.

“We are grateful to see an analyst join the RiskIQ Community every 17 minutes to leverage data that gives them a unique vantage point of their organizations and the threats they face,” comments Manousos.   “We know that more knowledge and community participation makes a big difference in stopping threat actors in their tracks.”

RiskIQ’s 2021 Evil Internet Minute infographic can be found at www.riskiq.com/resources/infographic/evil-internet-minute-2021