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Cybercrime costs businesses about $1.8 million per minute

  • Writer: PhishX
    PhishX
  • Jul 24, 2023
  • 1 min read

Researchers calculate that the average cost of a breach is $7.2 per minute.

Cybercrime costs organizations $1.79 million every minute, according to the Evil Internet Minute Report 2021.

The study, which looked at the volume of malicious activity on the internet, reveals the scale and damage caused by cyberattacks last year, which resulted in 648 cyber threats occurring every minute.


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