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Online Attacks Cost the Economy US$45 Billion in 2018

RIO DE JANEIRO, BRAZIL - Cybercriminals are becoming more efficient in monetizing their activities. A report released by the Internet Society on Tuesday, July 9th, estimates that more than two million incidents in 2018 resulted in losses of more than US$45 billion, the equivalent of about R$170 billion.

Although this is a record figure, the total number of violations and leaks fell last year. In other words, cybercriminals are improving the profitability of their attacks. Cryptocurrency hijacking, ransomware, and credential stuffing were some of the criminal methods in evidence in the report.

Among the main trends identified by the . . .

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