IT Security Pros and Network Operators View DDoS Attacks as an Increased Concern in 2017
March 23 2017 - 7:00AM
Business Wire
New Corero study reveals a rise in number of
DDoS attacks since 2016, with 56 percent of security teams viewing
DDoS attacks as increased concern; pressure mounts on ISPs to deal
with heightened threat
DDoS attacks are a greater security threat to businesses in 2017
than ever before, and Internet Service Providers (ISPs) need to do
something about it according to a new survey of IT security
professionals and network operators released today from Corero
Network Security (LSE:CNS).
The annual study, the Corero DDoS Impact Survey 2017, polled top
technology decision makers and security experts at the 2017 RSA
Security Conference last month in San Francisco, CA. This year’s
survey found that the majority (56 percent) of the nearly 100
respondents view DDoS attacks as greater and graver concern in 2017
than in previous years.
This elevation of risk comes at a time when DDoS attacks
continue to increase in frequency, scale and sophistication over
the last year. 31 percent of IT security professional and network
operators polled in this year’s survey experienced more DDoS
attacks than usual in recent months, with 40 percent now
experiencing attacks on a monthly, weekly or even daily basis. To
alleviate this problem, 85 percent are now demanding additional
help from their ISPs to block DDoS traffic before it reaches
them.
“Organizations that once had DDoS protection projects on the
back burner are now re-prioritizing their security strategies to
place DDoS mitigation at the forefront in 2017. As new, large scale
attacks have come online leveraging IoT devices, the DDoS threat
has become top of mind for CISOs. This shift in precedence puts
increased pressure on Internet and cloud providers to enable this
protection for their customers, and eliminate DDoS threats closer
to the source.” said Rob Ayoub, Research Director at IDC.
Ashley Stephenson, CEO at Corero Network Security, said, “ISPs
have long carried the burden of defending their own network against
DDoS attacks, but as the threat landscape has changed, so must
their response. Providers will likely find themselves at an
important crossroads during the next year, as pressure builds on
them from both customers and governments to address the growing
DDoS problem. By accepting a greater responsibility for defending
their customers and networks against DDoS attacks, ISPs could
modernize their security service offerings and increase customer
satisfaction – in contrast, ignoring this call to action could open
up the possibility of future regulatory controls related to DDoS
protection.
The Corero study found that a worrying 58 percent of security
professionals are still relying on ‘home grown’ open source
solutions, or traditional security infrastructure like firewalls,
to protect themselves against DDoS attacks. Just more than a third
(36 percent) are adopting cloud-based solutions, including
scrubbing centers, and an additional 35 percent are using
on-premises DDoS mitigation products.
While the vast majority (85 percent) believe, their ISP should
be dealing with the DDoS problem for them, as part of their
service, almost half (46 percent) indicated they would be prepared
to pay an additional fee to have DDoS traffic removed before it
reaches their network. Of those who were willing to pay their ISP
for such a premium service, almost three quarters (74 percent)
would consider spending up to a quarter of their total ISP spend to
eliminate this threat.
Stephenson continues: “There is clearly a valuable business
benefit for ISPs to position themselves as leading the charge
against DDoS attacks, both in protecting their own infrastructure
and enabling them to offer more comprehensive security solutions to
their customers, as a paid-for managed service. DDoS attacks are
becoming more frequent, more complex and more significant, so it is
not surprising that so many security teams would rather outsource
the solution to this important problem to their ISP.”
The Corero study also examined what was perceived to be the most
worrying impact of DDoS attacks on victim organizations. The
biggest risk factor, which was cited by almost half of the
respondents (45 percent), was the potential for loss of customer
trust and confidence. Lost revenues were also a serious concern
(cited by 17 percent), while malware infection (15 percent) and
lost revenues (13 percent) were also seen as potential problems. To
view the Infographic, Measuring the DDoS Threat and Opportunity,
visit
https://www.corero.com/resources/2017-ddos-survey-infographic.html
About Corero Network Security
Corero Network Security is the leader in real-time,
high-performance DDoS defense solutions. Service providers, hosting
providers and online enterprises rely on Corero’s award winning
technology to eliminate the DDoS threat to their environment
through automatic attack detection and mitigation, coupled with
complete network visibility, analytics and reporting. This industry
leading technology provides cost effective, scalable protection
capabilities against DDoS attacks in the most complex environments
while enabling a more cost effective economic model than previously
available. For more information, visit www.corero.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170323005215/en/
Elevate CommunicationsJohn Gates, 617-548-8972
(m)Jgates@elevatecom.com
Corero Network Security (LSE:CNS)
Historical Stock Chart
From Apr 2024 to May 2024
Corero Network Security (LSE:CNS)
Historical Stock Chart
From May 2023 to May 2024