Intelligent CISO Issue 06 | Page 22

infographic With cybercriminals costing the global economy US$600 billion last year alone, global digital threat management company RiskIQ tapped proprietary and third-party research to examine the growing volume of malicious activity on the Internet to reveal the latest ‘Evil Internet Minute.’ T The data shows that in a single ‘evil’ Internet minute, US$1,138,888 is lost to cybercrime and 1,861 people fall victim. Despite businesses’ best efforts to guard against external cyberthreats, spending up to US$171,233 in 60 seconds, attackers continue to proliferate and launch successful campaigns online. “As the Internet and its community continue to grow at a rapid pace, the threat landscape targeting it grows at scale as well,” said RiskIQ CEO Elias Manousos. “We made the vast numbers associated with it more accessible by framing them in the context of an ‘Internet minute’. “Leveraging the latest research as well as our own global threat 22 Attacker tactics range from malware to phishing to supply chain attacks targeting third-parties. Their motives include monetary gain, large-scale reputational damage, politics and espionage. Cybercriminals continue to find success in a range of tactics including launching 1,274 pieces of unique malware and deploying more than nine malvertisements each ‘evil Internet minute’. RiskIQ’s research has also uncovered additional malicious activity each minute, ranging from blacklisted mobile apps to malvertising: • A total of 1.5 organisations fell victim to ransomware attacks every minute with an average cost to businesses of US$15,221 As the Internet and its community continue to grow at a rapid pace, the threat landscape targeting it grows at scale as well. intelligence, we’re defining the sheer scale of attacks that take place across the Internet to help businesses better understand what they’re up against on the open web.” • There was a total of 0.17 blacklisted mobile apps • There were 0.21 new phishing domains • A total of 0.07 incidents of the Magecart credit card skimmer Issue 06 | www.intelligentciso.com