Monday, August 14, 2023

DDOS Attack Frequency

What is the frequency of DDOS attacks?

A distributed denial-of-service (DDoS) attack is a cyber-attack in which multiple compromised computer systems flood the targeted system with superfluous requests, causing a denial of service to legitimate users.

DDoS attacks have become increasingly common in recent years. In 2022, the number of DDoS attacks grew 150% on a global basis compared to the previous year. This trend is expected to continue in 2023, with organizations facing an average of 29.3 attacks per day.

Types of DDoS Attacks

There are two main types of DDoS attacks: volumetric attacks and application layer attacks.

  • Volumetric attacks flood the target system with large amounts of traffic. This can be done by using a botnet, which is a network of infected computers that are controlled by a single attacker.
  • Application layer attacks target specific applications or services on the target system. This can be done by sending malicious requests to the application or service, or by exploiting vulnerabilities in the application or service.

Examples of DDoS Attacks

In 2022, there were a number of high-profile DDoS attacks, including:

  • A 1.46Tbps attack on a major cloud provider
  • A 1.3Tbps attack on a gaming company
  • A 1Tbps attack on a financial institution

These attacks caused significant disruption to the targeted organizations, and in some cases, they resulted in financial losses.

Impact of DDoS Attacks

DDoS attacks can have a significant impact on organizations, including:

  • Disruption of services: DDoS attacks can make it impossible for legitimate users to access the targeted organization's services. This can lead to lost revenue, customer dissatisfaction, and damage to the organization's reputation.
  • Financial losses: DDoS attacks can also lead to financial losses. For example, organizations may have to pay for additional bandwidth or for mitigation services. In some cases, organizations may also have to pay ransoms to the attackers in order to restore their services.
  • Damage to reputation: DDoS attacks can damage the organization's reputation. If customers are unable to access the organization's services, they may take their business elsewhere. This can lead to a loss of market share and a decline in revenue.

Mitigation Strategies

There are a number of strategies that organizations can use to mitigate the risk of DDoS attacks, including:

  • Deploying a DDoS mitigation service: A DDoS mitigation service can help to protect organizations from DDoS attacks by absorbing the attack traffic and preventing it from reaching the target system.
  • Implementing security best practices: Organizations should implement security best practices, such as patching vulnerabilities and using strong passwords, to help protect themselves from DDoS attacks.
  • Educating employees: Employees should be educated about DDoS attacks and how to identify and report suspicious activity.

Conclusion

DDoS attacks are a serious threat to organizations of all sizes. The frequency of DDoS attacks is increasing, and the attacks are becoming more powerful. Organizations need to take steps to protect themselves from DDoS attacks by deploying a DDoS mitigation service, implementing security best practices, and educating employees.

Sources

  • A simple cyberattack is becoming more destructive and commonplace: https://www.axios.com/2023/07/07/ddos-cyberattack-more-destructive
  • DDoS Attacks Not Only More Frequent But More Powerful - Report: https://securitybrief.com.au/story/ddos-attacks-not-only-more-frequent-but-more-powerful-report
  • 20+ DDoS attack statistics and facts for 2018-2023: https://www.comparitech.com/blog/information-security/ddos-statistics-facts/
  • Organizations fought an average of 29.3 attacks daily in late 2022: https://www.securitymagazine.com/articles/98958-organizations-fought-an-average-of-293-attacks-daily-in-late-2022


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