Neustar Research Reveals 92 per cent of Organisations Attacked with DDoS Just Once Suffer Theft
Neustar, Inc., a trusted, neutral provider of real-time information services, today released its bi-annual Global DDoS Attacks and Cyber Security Insights Report, affirming DDoS attacks continue to be an effective means to distract and confuse security teams while inflicting serious damage on organisations. The report highlights that organisations experienced a 27 per cent increase in the number of breaches per DDoS attack, despite suffering similar attack levels in the same period last year.
Data from the report shows attackers are achieving higher levels of success against organisations they only hit once: 52 per cent of organisations reported a virus associated with a DDOS attack, 35 per cent reported malware, 21 per cent reported ransomware and 18 per cent reported lost customer data. Over a twelve-month period, 75 per cent of respondents recorded multiple DDoS attack attempts following an initial assault on their organisation’s network. The resulting breach ratio increases as the number of DDoS attacks increases, but the net result is it only takes one attack to breach an organisation’s defences. Findings suggest that cybercriminals are focused on taunting defences, probing network vulnerabilities and executing more targeted strikes, instead of making noise with a singular, large attack.
“Not only are hackers becoming craftier and more dangerous, but they’re also becoming more opportunistic,” said Nicolai Bezsonoff, Vice President, Neustar Security Solutions. “The importance of always-on vigilance and investment in DDoS security technology is essential for organizations looking to adapt and evolve their defences. Protecting an organization’s infrastructure and customer data against threats is paramount in the current digital landscape.”
Key findings from the report include:
Organisations have a lot to lose – even if attacked only once
- 92 per cent of those attacked just once reported theft of intellectual property, customer data and/or financial assets and resources
- 89 per cent acknowledged some form of associated activity, including data theft, dangerous ransomware, and network compromise with DDoS attacks
- 36 per cent saw malware activation during DDoS attacks as part of multi-tactic assaults
Internet of Things (IoT) devices remain a tempting target for DDoS
- 76 per cent of organisations that have IoT devices in active operation were attacked
- Of those 76 per cent, nearly one-third suffered network compromises or damage to physical equipment
- 40 per cent of respondents are actively focused on finding ways to prevent IoT devices from becoming compromised
Attacks and breach activities were not contained to large organisations
- Over 50 per cent of mid-sized organisations encountered an average of three breach incidents (malware, ransomware, virus, etc.)
- Mid-sized organisations were hit the hardest with 60 per cent experiencing an attack
- On average, DDoS attacks caused organisations $4.3M in revenue generation risk
Organisations are continuing to make DDoS protection a budget priority, with layered defences and web application firewalls (WAFs) listed as a top investment. Respondents noted that on average their organisations have at least two components of DDoS protection that can include appliance hardware, cloud services, and hybrid deployments. Notably, protection against application layer threats has increased significantly with Web Application Firewall (WAF) solution deployments nearly tripling in the past year. Using WAF to protect the most exploited layer in the network stack reflects organisations drive for the right combination of defences to protect against growing concerns associated with DDoS attacks.
Top motivators for increased budget spend on DDoS protection include:
- Preserving customer confidence and brand reputation
- Prevention of associated attacks, including ransomware
- Proactively strengthen existing protection
“Organizations need to continuously diversify their security strategy for DDoS – it’s no longer ‘good enough’ to accept a pre-packaged solution as the cornerstone of your security portfolio,” said Barrett Lyon, Vice President of Research and Development, Neustar Security Solutions. “Writing application code is difficult, but it is also fraught with security failings and attacker know this. Organizations are making investments in layered protection, including the deployments of WAF solutions, to level the playing field and decrease the time cybercriminals will have to execute a successful attack.”
Methodology: Neustar and Harris Interactive conducted the global, independent research of 1,010 directors, managers, CISOs, CSOs, CTOs, and other C-suite executives to find out how DDoS attacks affect their organisations and what measures are in place to counter these threats. The respondents span many industries, including technology, financial services, retail, healthcare and energy.
Join Neustar on October 24 for the first International DDoS Awareness Virtual Conference to learn how organisations can protect themselves against cyber threats and fight DDoS attacks.
The full Global DDoS Attacks and Cyber Security Insights report can be downloaded here.
About Neustar Security Solutions
Neustar Security Solutions defend against network threats, inform you of potential network vulnerabilities, accelerate online asset performance, and monitor client website performance through multiple services and offerings. Neustar will offer the largest, most distributed DDoS mitigation network in the world with over 10 Tbps of capacity, and our industry leading SiteProtect DDoS defense service ensures full coverage in an attack. Our UltraDNS service manages 10% of all internet traffic, routes over 1 trillion queries a month and provides industry leading uptime with 100% availability. Our nearly 20 years of unparalleled expertise ensures that our customers are protected and optimized during normal business practices and when unsolicited events occur. Our services ensure customers network connectivity are protected and optimized whether in crisis or just business as usual. We are trusted by many of the world’s largest brands to keep their mission critical systems up and running. More information is available at https://www.neustar.biz
Neustar Media Contact
Jenny Morris / Emma Yousif
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Vertex Initiates First Phase 3 Study of VX-659, Tezacaftor and Ivacaftor as a Triple Combination Regimen for People with Cystic Fibrosis21.2.2018 21:01 | Pressemelding
Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that it is initiating the first Phase 3 study of VX-659, tezacaftor and ivacaftor as an investigational triple combination regimen for people with cystic fibrosis (CF) who have one F508del mutation and one minimal function mutation. The study will enroll 360 patients, and the primary endpoint of the study is the mean absolute change from baseline in percent predicted forced expiratory volume in one second (ppFEV1) at week four of treatment. The study is designed to support the submission of a New Drug Application (NDA) in the U.S. using data from the 4-week primary efficacy endpoint together with safety data through 12 weeks of treatment. “Our goal is to bring the best triple combination to patients as rapidly as possible, and this first Phase 3 study of VX-659 in combination with tezacaftor and ivacaftor is a significant step toward that goal,” said Jeffrey Chodakewitz, M.D., Executive Vice President and Chief Medical
Universal Laser Systems® Expands Portfolio of Laser Material Processing Systems with the ULTRA Platform Series21.2.2018 18:00 | Pressemelding
ULTRA platform-based laser systems are designed and ideally suited for precision laser cutting, laser ablation, and laser surface modification in manufacturing, research and development, academic research and prototyping environments. Major features of the series include rapid, high-accuracy laser beam positioning, and the flexibility to be configured with 9.3 and 10.6 µm CO2 lasers and 1.06 µm fiber lasers. All lasers are air-cooled in a range of power from 10 to 150 watts for CO2 and 40 to 50 watts for fiber lasers. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180221005364/en/ The ULTRA 9MW offers MultiWave processing of thin materials. (Photo: Business Wire) The variety of wavelengths and power ranges make the ULTRA platforms highly effective in the areas of organic material modification, including plastic films, industrial fabrics, engineering plastics, laminating adhesives, composite materials, and many others utilized
Luxoft One of Six Companies Collaborating with Amazon Web Services to Accelerate Blockchain Adoption21.2.2018 16:30 | Pressemelding
Luxoft Holding Inc (NYSE:LXFT), a global IT service provider, announces today that it is collaborating with Amazon Web Services (AWS) to enable corporates to adopt blockchain and Distributed Ledger Technologies (DLT). Luxoft is one of six IT and consulting services companies to make its blockchain advisory and development services available to AWS users. “We are very excited to be working with AWS to help users engage with blockchain and DLTs,” said Vasiliy Suvorov, Vice President of Technology Strategy at Luxoft. “Blockchain is about removing data silos, improving trust and operational efficiencies. By using AWS to deploy and integrate DLTs into day-to-day processes, businesses can revolutionize how they operate.” Luxoft helps accelerate the deployment and integration of blockchain and DLT-based projects on AWS and is already working on a number of DLT projects using the cloud. For example, Luxoft is building a healthcare claims processing system for a leading healthcare provider usin
Westinghouse Electric Company to Provide Engineering Support at Vandellós 1 in Partnership with EDF21.2.2018 16:30 | Pressemelding
Westinghouse Electric Company and Electricité de France (EDF), in partnership, announced today that they have been awarded a contract from Empresa Nacional de Residuos Radiactivos (ENRESA), the Spanish agency responsible for radioactive waste management and nuclear plant decommissioning. The agreement covers a four-year engineering support contract for the latency phase of the dismantling and decommissioning project at Vandellós I Nuclear Power Station in Spain and includes the preparation of technical and licensing documentation. “We are extremely pleased that ENRESA has selected Westinghouse and EDF to continue supporting the decommissioning activities at Vandellós I Nuclear Power Station,” said Yves Brachet, Westinghouse vice president, Global Decommissioning, Decontamination, Remediation and Waste Management. “This contract further demonstrates Westinghouse’s global capabilities and expertise in providing innovative decommissioning solutions.” Sylvain Granger, head of EDF's decommi
H.I.G. Europe Completes a Strategic Investment in Puerto de Indias Group21.2.2018 14:02 | Pressemelding
H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with more than €20 billion of equity capital under management, announced that one of its affiliates has acquired a majority interest in Puerto de Indias Group (“Puerto de Indias” or the “Company”), with the goal of accelerating the Company’s growth initiatives and supporting its expansion into international markets. Headquartered in Seville, Spain, Puerto de Indias was founded by Jose Antonio and Francisco Rodriguez Fernandez, and has become in a short period of time the leading player in the Rosé Gin market in Spain. Puerto de Indias has in place an ambitious international expansion plan targeting the development of a commercial network in Europe, the U.S., and Latin America, as well as strategic alliances with strong international distributors. Leopoldo Reaño, Principal at H.I.G. Europe, commented on the transaction: “We are thrilled to have the opportunity to support the management team led by Jose Antonio an
Savi Adds Supply Chain Star Johannes Giloth to Advisory Board21.2.2018 13:02 | Pressemelding
Savi®, an innovator in big data/machine learning analytic solutions, supply chain management software, and sensor technology, today announced that Johannes Giloth has joined its board of advisers. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180221005117/en/ Johannes Giloth (Photo: Business Wire) Giloth is a long-time leader in procurement, supply chain and manufacturing. He currently serves as Chief Procurement Officer and Senior Vice President of Operations at Nokia where he is in charge of every aspect of operations accountability worldwide — from demand planning to execution, procurement to manufacturing. “Johannes understands the impact the explosion of data will have on the supply chain. And his tremendous success as an innovative supply chain leader proves he knows what companies need to transform their supply chains,” said Rich Carlson, CEO of Savi Technology. “I’m thrilled to have him join Savi’s advisory board. As