Thursday, August 15, 2024

Zayo Report Reveals 106% Surge in DDoS Attacks

 Zayo released its latest Distributed Denial of Service (DDoS) Insights Report, revealing a significant surge in cyber threats. The report shows a staggering 106% increase in DDoS attack frequency compared to the second half of 2023. Additionally, the average duration of these attacks has risen to 45 minutes, an 18% increase from last year, costing unprotected organizations approximately $270,000 per attack. The growing sophistication of AI-driven, bot-based attacks has made it easier for attackers to launch more frequent, sustained, and high-impact assaults across various industries.

The report highlights the pervasive impact of AI in escalating the scale and scope of DDoS attacks. For the first time, industries such as HR, legal, consulting, and transportation have emerged as top targets for the largest DDoS attacks. Zayo warns that if this trend continues, DDoS attacks could rise by another 24% by the end of the year. The report underscores the importance of adding protection to tech stacks as the primary defense against these increasingly persistent and frequent attacks.

Key Findings:

  • Telecommunications remains the most targeted industry, accounting for 57% of all attacks, followed by education (19%), manufacturing (5%), and cloud/SaaS (5%).
  • Manufacturing has overtaken retail as the industry facing the largest DDoS attacks, with a 308% increase in attack duration and a 200% increase in attack size compared to 2023.
  • Healthcare saw a 128.5% rise in attack frequency, placing it among the most affected industries.
  • Government entities experienced the longest-duration attacks, averaging over six hours, a 41% increase from H1 2023.

To view the full report and learn more about how Zayo can help protect your business from cyber attacks, visit Zayo's DDoS Insights Report.

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