A new report by RiskIQ has shown that the cost of cybercrime per-minute will cost organisations $11.4 million by the year 2021. This global trend shows that there is a YOY increase of more than $2 every minute to total $24.7 – a 100% increase from 2015. Given the surge in cybercriminal activity during the current global pandemic, with hackers exploiting the fear and confusion that COVID-19 has brought, cyber threats will continue to mount.
