83 percent of organizations have been hit with a DDoS attack in the last two years
- Published: Friday, 26 July 2019 08:50
US Signal has released its 2019 State of Web and DDoS Attacks survey. The study revealed that 83 percent of organizations have experienced a DDoS attack within the last two years, and more than half of them experienced multiple attacks.
The majority of these organizations also stated that, on average, a DDoS attack caused 12 hours of downtime, and a further 30 percent said that it caused around 20 hours of downtime. These periods of downtime have major negative impacts on companies. More than a third of those surveyed considered revenue loss the most dire consequence caused by DDoS attacks. Other impacts reported by respondents included a decrease in IT staff productivity (34 percent) and reputational damage (20 percent). Despite this, 17 percent of the respondents did not have, or were not sure if they had a DDoS protection provider or tool.
The survey also showed that 81 percent of respondents had experienced a cyber attack on their web applications in the past two years, and nearly half experienced several cyber attacks. It went on to discover that the average financial impact of affected companies’ most recent cyber attacks reached approximately $152,000. Despite this, 91 percent of respondents still consider their website and application security performance to be satisfactory, with nearly 3 in 5 saying it’s highly satisfactory.
To combat these threats, many respondents are turning to managed service providers to help implement, monitor and maintain a mixture of cyber security technologies, including cloud-based firewalls (73 percent), DDoS protection (71 percent) and email security (62 percent). In addition, 97 percent of participating organizations scan and test for vulnerabilities within their web applications.