A Minute in Cybercrime

Every 60 seconds

$1,138,888

is lost to cybercrime

1,861

people are victims of cybercrime

$171,233

is spent by businesses on cybersecurity efforts

This is the finding of cybersecurity company RiskIQ, which recently published data on the rate of cybercrime committed every minute of every day.

“As the internet and its community continue to grow at a rapid pace, the threat landscape targeting it grows at scale as well.”

RiskIQ CEO Elias Manousos

PR nightmares: Ten of the worst corporate data breaches

LinkedIn, 2012

Hackers sold name and password info for more than 117 million accounts

Target, 2013

The personal and financial information of 110 million customers was exposed

JP Morgan, 2014

One JP Morgan Chase’s servers was compromised, resulting in fraud schemes yielding up to $100m

Home Depot, 2014

Hackers stole email and credit card data from more than 50 million customers

Sony, 2014

Emails and sensitive documents were leaked, thought to be by North Korea im retaliation for Sony’s production of a film mocking the country’s leader Kim Jong Un

Hilton Hotels, 2015

Dozens of Hilton and Starwood hotels had their payment systems compromised and hackers managed to steal customer credit card data

TalkTalk, 2015

The personal data of 156,959 customers, including names, addresses, dates of birth and phone numbers, were stolen

Tesco, 2016

Hackers made off with around $3.2m from more than 9,000 Tesco Bank accounts

Swift, 2016

Weaknesses in the Swift payment system resulted in $81m being stolen from the Bangladesh Central Bank’s account at the New York Federal Reserve

Chipotle, 2017

Phishing was used to steal the credit card information of millions of Chipotle customers, thought to be part of a wider restaurant customer scam orchestrated by an Eastern European criminal gang