Rashad Nabiyev: Frequency of cyberattacks has increased

The frequency of cyberattacks in the world has almost quadrupled, Report informs that Digital Development and Transport Minister Rashad Nabiyev told the presentation of the Association of Cyber Security Organizations of Azerbaijan (AKTA) public association.

"Previously, cyberattacks occurred every 40 seconds, and now every 11 seconds. At the same time, the number of devices connected to the Internet has also increased. If in 2016, 11 billion devices were connected to the global network, by 2026 this figure will reach 80 billion," he said.

In addition, according to the minister, cyberattacks have caused damage to the global economy by $6 trillion.

"This is 6% of global GDP, the third largest economy after the United States and China."