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The DDoS Attacks and Impacts Report released this week indicates that distributed denial of service (DDoS) attacks are impacting nearly twice as many organizations than in years past, and 40% of those who have been targeted estimate average losses at more one million dollars per day.

DDoS attacks cripple websites, interrupt business operations, interfere with customer support, and inflict brand damage on the organizations targeted. The study surveyed 450 companies in North America across multiple sectors, including financial services, technology, retail, government/public sector, healthcare, energy, telecommunications, e-commerce, Internet services and media industries.

Key findings from the survey include:

  • Almost 90% of companies attacked were hit repeatedly
  • Larger attacks almost tripled. The number of attacks between 1-5 Gbps in size grew by 150%
  • DDoS attacks are consuming more manpower. Attacks requiring more than 10 people to put out the fire more than doubled compared to 2012
  • The costs of DDoS attacks were not only higher, but were felt more widely across the enterprise. Non-IT/security departments absorbed more than 50 % of attack-related costs and customer support felt the impact most acutely at 63% of companies
  • There are now very few companies (under 5%) with no DDoS protection in place. Of the vast majority with protection, most still use traditional solutions like firewalls, switches and routers

“DDoS attacks create an ‘all hands on deck’ mentality, and the potential for damage is high as criminals take advantage of the distraction to grab and clone private data to tap into funds, intellectual property and more,” said Rodney Joffe of Neustar.

“Businesses should look out for shorter, more intense attacks without the traditionally expected extortion or policy demands. It is critical that they protect themselves by dedicating staff to watch entry systems during attacks, making sure everything is patched and having dedicated DDoS protection.”

Read More Here (PDF)…