Last year, we saw an 84% increase in the Distributed Denial of Service (DDoS) attacks as early as the first quarter, and businesses are bracing for attacks to continue in 2020. DDoS attacks have brought considerable losses even for large technology companies like Netflix and PayPal, bringing down their websites and restricting their ability to trade. One DDoS attack even brought down internet connectivity of the whole East Coast in the US several years ago. In this article, we provide a snapshot of DDoS attack trends last year, discuss the types of attacks that are prevalent in 2020, and discuss projections for the years to come.
Ransomware attacks remains a significant cybersecurity threat for consumers and businesses in Australia and around the world. In the Annual State of Malware Report published by Malwarebytes, they described a 90% increase in ransomware detection over the past year. Malware developers continue to tweak and release better versions of ransomware to make them more difficult to detect and mitigate. In this article, we outline key trends and prevention strategies for modern ransomware attacks.
DDoS (Distributed Denial of Service) attacks can be described as one of the most prevalent and dangerous cybersecurity threats impacting businesses today. According to a report published by Arbor Networks ATLAS, there have been at least 610,000 cases of DDoS attacks affecting markets around the world from July 2017 to December 2017 (6 month period).
The cost of every one the above-mentioned DDoS attacks can be devastating. A risk assessment report published by Kaspersky Labs estimates that the average cost of a DDoS attack on small businesses is $106,000 and over $1.6 million for a large enterprise.
Considering the prevalence and potential damages cited above, it is clear that DDoS attacks are increasingly becoming a threat. This article provides an overview of how attacks work, and steps businesses can take to mitigate the risk. (more…)
Australia is now one of the top 10 countries where businesses are targeted by DDoS (Distributed Denial of Service) attacks, according to recent research published by Netscout Arbor. In 2017, 22% of all cybercrime activities targeting victims in Australia were DDOS attacks. So should business owners be concerned?
In this article, we break down the technical aspects of DDOS attacks in lay-mans terms. Also, we go over a few actionable steps to mitigate risks for your business. (more…)