IT disaster recovery, cloud computing and information security news

Global Threat Analysis Report shows that organizations are failing to adapt to new attack tactics

Radware has released its 2021-2022 Global Threat Analysis Report. The comprehensive analysis shows that companies are failing to adapt their cyber attack mitigation strategies to accommodate mid and small size attacks or 'micro flood' attacks and application layer DDoS attacks.

Findings in the report indicate that malicious actors are becoming smarter and operating at scale, making mitigation harder for businesses. This is a warning to security leaders that threat actors are adapting their techniques and can keep pace with cloud and application deployments.

Key findings in the report include:

  • Malicious web application requests increased by 88 percent; broken access control and injection attacks represent over 75 percent of web application attacks.
  • The number of DDoS events increased by 37 percent.
  • Sector DDoS attacks spread between gaming and retail, each accounting for 22 percent of the attack volume, followed by government (13 percent), healthcare (12 percent), technology (9 percent), and finance (6 percent)
  • The number of micro and low volume flood attacks increased nearly 80 percent and mid-size attacks by 39 percent.

“The statistics tell a story about bad actors. They are getting smarter, more organized, and more targeted in pursuing their objectives - whether that be for money, fame, or a political cause,” said Pascal Geenens, director of threat intelligence for Radware. “In addition, cybercriminals are shifting their attack patterns - from leveraging larger attack vectors to combining multiple vectors in more complex-to-mitigate campaigns. Ransomware operators and their affiliates, which now include DDoS-for-hire actors, are working with a whole new level of professionalism and discipline - something that we have not seen before.”

Obtain the report.

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