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Cybercrime costs businesses almost $1,790,000 every minute.

Author: Jay Kapoor

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The average cost of cybercrime to businesses is a shocking $1.79 million per minute

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This according to RiskIQ's 2021 Evil Internet Minute Report.

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The study looked at how many bad things happened online in a year.

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It found that 648 cyber-threats happen every minute

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and each one costs a company $7.2 in lost productivity.

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The attacks range from viruses and malware, to access to confidential information

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social media extortion schemes and politically motivated hacking.

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