“75% of organisations globally experienced DDoS attacks in 2015” highlights Neustar study

During 2015, 73% of organisations across the globe experienced a DDoS attack, with 45% of those businesses reporting the installation of a virus or malware, according to a new study just published by Neustar.

This is perhaps a sign that attackers are interested in causing ongoing harm, with 82% of those attacked stating they were then attacked repeatedly. For nearly half of respondents this was more than six times, a fact that should serve as a wake-up call for every organisation boasting a digital presence.

With the bombardment fairly constant throughout 2015, it’s no longer a matter of ‘If?’ or ‘When?’ attacks might happen, but how often and how long an attack episode will last.

‘The Threatscape Widens: DDoS Aggression and the Evolution of IoT Risks’ Report highlights that exactly half of organisations would lose at least $100,000 per hour in a peak-time, DDoS-related outage (a third would lose more than $250,000 per hour).

No less than 42% of companies questioned needed at least three hours to detect that they were under DDoS attack.

Although revenue loss caused by a DDoS-related outage is usually the main concern, 57% of all breaches involved some sort of theft (including that of intellectual property and customer data as well as financial information).

Worry for business continuity professionals

The frequency and impact of these attacks serves as a good indication as to why business continuity professionals are worried about them, with cyber attacks and data breaches topping the list of threats organisations face in the latest Horizon Scan Report produced by the Business Continuity Institute. 85% and 80% respectively expressed concern about the prospect of these threats materialising at some juncture and disrupting the host company.

Faced with this ongoing onslaught, the report demonstrates that increasingly DDoS-defence savvy organisations are now arming themselves accordingly. 76% of companies are investing more funding in the area of DDoS protection than in 2014, while 47% of the attacked organisations are participating in dedicated Security Consortiums in a specific bid to share information on threats and countermeasures.

“The findings of our most recent report are pretty clear,” stated Rodney Joffe, head of IT security research at Neustar. “Attacks are unrelenting around the world, but organisations are now recognising DDoS attacks for what they are – an institutionalised weapon of cyber warfare – and protecting themselves.”

Joffe continued: “We present the data from our third DDoS survey as a means to inform the public of the dangers associated with DDoS attacks, and advance a conversation about the importance of multi-layered cyber security. This should be a discourse that reaches from security through to marketing. It has to, because when a DDoS attack hits, the reverberations are felt like a domino effect throughout all departments in a business.”

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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