DDoS a Top Security and Business Issue
DNS should be at the core of information security strategies as DDoS attacks increasingly form part of wider cyber attacks.
According to a report by information services, Neustar, a DDoS attack, can cost an organisation more than $2.5m in revenue.
Globally, and in the Europe, Middle East and Africa (Emea) region 43% of the 1,000 information security professionals polled said more than $250,000 of revenue an hour was at risk. The report found that UK retailers said DDoS attacks typically put $100,000 to $250,000 revenue an hour at risk.
The business implications of this are clear in light of the fact that 84% of organisations polled reported that they were targeted by DDoS attacks in the past year.
The survey also found that the proportion of attacks greater than 10 gigabits per second was up 11% on the previous year to 45%. It also found that almost half of the organisations targeted by DDoS attacks said they had been hit more than five times.
Based on the Neustar findings, the report found a UK retailer taking two hours to resolve a DDoS attack could expect a financial impact of between £154,000 and £386,000.
The survey also revealed 40% of respondents reported receiving attack alerts from customers, up from 29% in 2016.
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