According to a report from NSFOCUS, a major distributed denial of service (DDoS) attack occurred every two days in the first half of 2013, and the overall frequency of DDoS attacks in general now occur at about 1.29 every two minutes, peaking in March, April and May.
While political dissent was the leading motivator for the attacks analyzed, it appears that DDoS as a competitive business model and the rise of DDoS-for-hire services are helping to spike the figures.
“Among the 90 major DDoS events reported by the media and traced by NSFOCUS, hacktivism was the primary motivator, followed by business crime, which mostly got involved in profit-driven competition or extortion, such as competition in the online gaming industry and cyber war between countries,” the report stated.
According to the study, victims of DDoS attacks are likely to be targeted multiple times (68 percent), with financial institutions, government agencies and private enterprises bearing the brunt of the attacks.
“Of the 90 major DDoS attacks that occurred worldwide in the first half of 2013, 39 (43 percent) targeted banks, mainly resulting from the Operation Ababil campaign. Government and enterprises were assaulted in 26 (29 percent) and 19 (21 percent) major DDoS events, respectively,” the report said.
Operation Ababil was an extended DDoS campaign carried out by the extremist group Izz ad-Din al-Qassam Cyber Fighters which targeted numerous U.S.-based financials and banking companies, and lasted several months.
Read More Here… (PDF)