DDoS Attacks Double in Year

Wednesday, October 11, 2017 @ 03:10 PM gHale

Distributed Denial of Service (DDoS) attacks are on the rise, with 33 percent of organizations facing a DDoS attack in 2017, compared to 17 percent in 2016, a new report found.

This rapid development in the cyber threat landscape means all businesses – regardless of size – are at risk of experiencing a DDoS attack.

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Fifty percent of businesses claim the frequency and complexity of DDoS attacks targeting organizations like theirs is growing every year, according to the Kaspersky Lab Global IT Security Risks Survey 2017.

The increased amount of DDoS attacks shows the importance of increased awareness and protection.

Of those affected, 20 percent were very small businesses, 33 percent were SMBs and 41 percent were enterprises, further proving that organizations of all sizes are at risk. Although figures for this year show companies are more likely to experience just one attack, 82 percent of organizations faced more than one DDoS attack in 2016, and this year, 76 percent faced at least one attack.

Attackers are increasingly using DDoS attacks as a way to gain access to valuable and lucrative corporate data, and not just to cripple a victim’s services.

That makes the consequences of an attack no less severe, resulting in significant business disruption. Of the organizations that have been hit by DDoS attacks, 26 percent reported a significant decrease in performance of services and 14 percent said there was a failure of transactions and processes on affected services.

In addition to causing immediate and visible operational issues, companies also claim DDoS attacks are being used to cover up other types of incidents, leading to severe financial and reputational damage.

In the first half of 2017, over half of respondents affected by a DDoS attack (53 percent) claimed it was used as a smokescreen. Half (50 percent) reported the attack hid a malware infection; 49 percent said it masked a data leak or theft; and 42 percent said the DDoS attack ended up used to cover up a network intrusion or hacking. Another 26 percent of businesses reported the attack was hiding financial theft.

“The threat of being hit by a DDoS attack – either standalone or as part of a greater attack arsenal – is showing no signs of diminishing,” said Kirill Ilganaev, head of Kaspersky DDoS protection at Kaspersky Lab. “With the problem growing and affecting every type and size of company, it is important for organizations to protect their IT infrastructure from being infiltrated and keep their data safe from attack.”

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