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Volume 32, Issue 2

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Monday, 18 March 2019 15:27

Seven misconceptions about DDoS attacks that could jeopardize your business

The DDoS threat landscape has developed rapidly leaving many organizations behind in both their perception of the risks and their actions to protect against them. Rolf Gierhard looks at the most dangerous and pervasive misunderstandings about DDoS attacks…

Most organizations understand that DDoS attacks are disruptive and potentially damaging. But many are also unaware of just how quickly the DDoS landscape has changed over the past two years, and underestimate how significant the risk from the current generation of attacks has become to the operation of their business. Here, I’m going to set the record straight about seven of the biggest misconceptions that I hear about DDoS attacks.

There are more important security issues than DDoS that need to be resolved first

When it comes to cyber attacks, the media focuses on major hacks, data breaches and ransomware incidents. DDoS attacks are growing rapidly in scale and severity: the number of attacks grew by 71 percent in Q3 2018 alone, to an average of over 175 attacks per day, while the average attack volume more than doubled according to the Link11 DDoS Report. The number of devastating examples is large. In late 2017, seven of the UK’s biggest banks were forced to reduce operations or shut down entire systems following a DDoS attack, costing hundreds of thousands of pounds according the UK National Crime Agency. And in 2018, online services from several Dutch banks and numerous other financial and government services in the Netherlands were brought to a standstill in January and May. These attacks were launched using Webstresser.org, the world's largest provider of DDoS-on-demand, which sold attack services for as little as £11. It costs a criminal almost nothing and requires little to no technical expertise to mount an attack, but it costs a company a great deal to fix the damage they cause.

What’s more, DDoS attacks are often used as a distraction, to divert IT teams’ attention away from attempts to breach corporate networks. As such, dealing with DDoS attacks should be regarded as a priority, not a secondary consideration. 

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https://www.continuitycentral.com/index.php/news/technology/3829-seven-misconceptions-about-ddos-attacks-that-could-jeopardize-your-business