Distributed Denial of Service (DDoS) Attacks rose to 30% by the 3Q of 2019 and this was revealed in a study by Russia based Cybersecurity firm Kaspersky. The security firm claims that the latest recorded numbers have doubled when compared to the same previous year and were primarily witnessed due to a spike in malicious activity in September this year.
Researchers say that over 53% of DDoS attacks were carried out only in Sept this year as it happened to be a period to M&A- mainly Chinese firms buying/investing in American firms.
“ We haven’t seen an explosive increase in the number of minor attacks compared to the previous quarter and the avg time of attack length has remained the same since’18”, said Alexey Kiselev, BDM of Kaspersky DDoS Protection Team.
Note 1– A DDoS attack never qualifies to be named as a Cyber Attack- according to FBI and per the Cyber Insurance offering firm Lloyd. So, organizations need to take preventive measures to check that their web resources are software protected from such attacks.
Note 2- DDoS attack is nothing but flooding a server hosting the website contents with fake traffic usually generated by Zombie IoT devices. This makes the web hosting server crash as it could not handle enormous amounts of web traffic all at a time leading to the disappointment of customers as it disrupts service levels.
Note 3- Kaspersky claims that the avg cost of the data breach was estimated to be at $138,000 this year which matches the data compiled by IDC in Sept’19.
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security