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Total DDoS attacks are up 38% as adversaries change tactics, according to StormWall’s H1 2023 DDoS report.
StormWall has significantly revamped its client portal. Now, customers can monitor their DDoS security in real-time.
StormWall, a premier cybersecurity firm specializing in the defense of websites, networks, and online services from Distributed Denial of Service (DDoS) attacks, has published an in-depth report on the DDoS landscape during the first quarter of 2023.
StormWall projects a 170% increase in DDoS Attacks by the end of 2023 and urges businesses to implement mitigation strategies.
A report from cybersecurity experts StormWall found the number of DDoS attacks used as a smokescreen in January 2023 rose by 28% globally compared to the same period of the previous year.
Cyberattacks on financial organizations are particularly common against their websites, as well as applications that provide remote banking services (RBS). These are complex, multi-component software systems that are critical to both banks and their customers and provide many different digital services – from paying bills and receiving statements to transactions involving deposits, loans, and other financial assets.
According to customer telemetry from StormWall, the number of DDoS attacks used as a smokescreen had increased by 28% globally in January 2023 compared to the same period in 2022.
- Overall, there was a 74% YoY increase in the number of DDoS attacks in 2022.
- The growth rate began slowing in the fourth quarter, and by December, attacks had decreased by 53%.
- The power of botnets surged in the year, powering over 2 Tbit/s attacks that stretched up to 3 days.
- Criminals targeted the fintech industry more than others. It suffered 34% of the incidents. There’s also been a 12-fold increase of attacks on financial services.
- Hacktivists contributed to the increase in the strength and duration of attacks, developing tools for politically motivated actions that were eventually adopted by for-profit criminals.
The DDoS threat is like Covid. It’s not going anywhere, but we can learn to live alongside it. Like vaccines and booster shots, there are tools that protect against it. And like masks and social distancing, there are steps we can take to stay safe.
StormWall, a cybersecurity service that specializes in providing DDoS protection for IT infrastructures of all sizes and complexity, including websites, networks and online services, today announced the opening of its sixth point of presence in Singapore, in partnership with IDCloudHost. The new location will operate in the Equinix SG3 data center, providing robust protection against DDoS attacks for customers in the Asia Pacific region.
As 2022 draws to a close, Ramil Khantimirov, CEO and co-founder StormWall, shared his views on the global trends affecting DDoS attacks, the motivations of hackers today and the main threats relating to DDoS attacks.
DDoS attacks are becoming more frequent and powerful. To understand the threat orgnaizations may be facing in the near future, StormWall experts analyzed the past frequency of attacks on the company's clients. The research concluded that we may be looking at a 130% increase in the number of DDoS attacks globally.