Sponsored by Wave Broadband
According to Kaspersky Lab’s annual IT Security Risks Survey, in 2017 33% of businesses reported Distributed Denial of Service (DDoS) attacks, up from just 17% in 2016. Of those companies that were victimized, more than half also reported the DDoS attacks were used as a smokescreen to hide other types of cybercrime like malware, data leaks, and financial theft.
DDoS attacks work by flooding an online service or website with unsolicited and overwhelming traffic. Under the strain of such a demand, network performance can slow to a crawl or even shut down entirely. Companies experiencing “slow internet days” may discover they’re in the grips of a DDoS attack, which is slowly eating away at their systems and costing them lost revenue, employee downtime, and potentially affecting hardware.
But aren’t these attacks just focused on enterprise-level organizations? Unfortunately, no. All businesses could be at risk. From the same Kaspersky Lab survey, of those companies affected by the DDoS attacks, 53% were classified as small (fewer than 50 employees) or mid-size (50-999 employees) firms.
With regard to larger companies, according to Forrester research, only “58% of global security decision makers at enterprise firms reported that they are highly concerned about an IT outage affecting customer-facing systems.”
While all industries are at risk, government, financial, and educational organizations are highly targeted. The days of someone pulling a fire alarm to get out of a test have been replaced with students hiring foreign companies to launch DDoS attacks during online testing periods.
How can your company thwart a DDoS attack?
Organizations can try to limit the amount of traffic in, but this action can also lock out legitimate users, and attempting to target the location of specific traffic can be difficult because attackers often disguise their addresses.
The best way to detect and counter a DDoS attack is to diligently monitor your network at all times through a DDoS Mitigation service. These services watch all ingress points to a company’s fiber-optic network in real-time. Dangerous or malicious traffic is identified and resolved within seconds, and the company receives updates on the resolution.
Wave Business, which provides data connectivity solutions to companies of all sizes along the West Coast, has recently taken a more proactive stance in the cybersecurity market by launching its own DDoS Mitigation product. The service, backed by Arbor Networks technology, is offered to current and prospective customers as a subscription or can be paid for on a per-event basis.
About Wave Broadband:
Wave is a leading provider of advanced Fiber connectivity solutions to organizations of all sizes in Washington, Oregon, and California. Services include Dedicated Internet Access, point-to-multi-point private connects, Hosted Voice, telecom lines, colocation space, and more.
In early 2018, TPG Capital purchased Wave and has merged the company with two other internet operators in their portfolio – RCN and Grande – creating the nation’s 6th-largest communications provider whose metro-Ethernet fiber networks now span the entire country. For more information, visit wavebusiness.com