DDoS attacks are a serious threat to any organization, business, or institution. DDoS cyber attacks (also known as distributed denial-of-service) can cause a business to go down for up 12 hours. In 2016 The Ponemon Institute found that the average cost of the falling victim will set back an organization over $740,000. Some statistics even estimate that a business may lose up to $350,000 per hour of downtime; since a DDoS attack can leave a business in a stand-still for hours, it can result in immense amounts of lost revenue.
A debilitating attack like this can’t be afforded by any business. Here are five ways you can protect your business against this type of damage.
What is a DDoS Attack and how can it be prevented?
A distributed denial of service (DDoS) attack operates as its name implies; it’s a form of cyberattack that disrupts connectivity or network services to deny service for users. Most attacks use tools such as bots to overwhelm the network with repeated signals that cause it to stop processing genuine requests.
Hackers frequently target critical services such as web services and platforms that are often used by large businesses, banks, governments, and educational institutions. There are many types of DDoS attacks. These include volumetric attacks and amplification-layer attacks. Although they may cause different types of damage, they can all attack the victim on multiple fronts to overwhelm their infrastructure and applications.
What happens during a DDoS Attack
Cybercriminals use DDoS attacks to send malicious code to thousands or hundreds of computers and instruct them to make requests to one organization. A botnet is a tool that allows this to happen. A botnet is a network of private computers infected by malicious software. It can be controlled collectively without any individual owners.
DDoS Attacks Have Increased Why?
DDoS attacks are something you need to be concerned about. There has been a noticeable increase in DDoS attacks over the last year, and there is not much evidence to suggest that this will change.
Global information and technology provider Neustar reported that it found a 168% increase in DDoS attacks in Q4 2019 from Q4 2018. There was an overall 180% increase in DDoS attacks between 2018 and 2019. Alarming statistics also revealed that the attack intensity has been increasing overall, according to the report. The 2019 largest threat, at 587 gigabits/second (Gbps), was 31% greater than that of 2018. Meanwhile, the 2019 most intense attack at 343 million packets/second (Mpps), was 252% more than the strongest attack of the previous year.
Neustar predicts that the abrupt shift to teleworking caused by COVID-19 will only increase DDoS attacks against VPD infrastructure.
Cybercriminals are increasingly aware of the potential for DDoS attacks as more companies adopt internet-connected devices. This may explain why there is a rise in these attacks. The more companies integrate unsecured Internet of Things devices without the right cybersecurity precautions, the more they place themselves at risk and contribute to the rise in DDoS attacks.
Five Tips to Prevent DDoS Attacks
Prevention is the best form of medicine. This is especially true in DDoS attacks. These tips will help you prepare your company for a DDoS attack.
1. 1.Do not be blindsided by DDoS attacks. Have a plan for responding to security breaches so you can respond quickly. The plan should include details about how your business will continue to operate in the event of a successful DDoS attack, technical expertise, and any other necessary skills, as well as a checklist that ensures that your assets are capable of advanced threat detection.
In the event of a DDoS attack, create an incident response team and assign responsibilities such as notifying key stakeholders, and maintaining communication within the company.
2. DDoS Attack Prevention Solutions can help you secure your infrastructure. Multi-level protection strategies can be used to protect your network, applications, and infrastructure. This could include prevention management systems that use firewalls, VPNs, anti-spam and content filtering to monitor identity traffic and identify suspicious activities.
Many cloud-based providers offer advanced protection options for an additional charge if you are looking for protection. Other options allow businesses to move “full cloud” by entrusting sensitive information with a trusted cloud provider who offers enhanced security protocols. Virtual and physical.
3. Do a Network Vulnerability Analysis. Before a malicious user does, identify weaknesses in your networks. assessment of vulnerability involves identifying security vulnerabilities so that you can patch up infrastructure to be more prepared for a DDoS attack or any other cybersecurity risk.
Security vulnerabilities can be identified and assessed as part of network security assessments. This involves taking inventory of all devices in the network and determining their purpose, system information, and vulnerabilities. It also includes a list of devices that need to be prepared for future upgrades and assessments. This will allow you to determine the organization’s risk level and optimize security investments.
4. 4.Identify warning signs of a DDoS attack. You can mitigate the damage if you recognize the signs of a DDoS attack early. Spotty connectivity and slow performance are indicators that your business is being attacked by a DDoS criminal. Make sure your team is aware of the warning signs and signs that DDoS attacks can cause.
DDoS attacks do not have to be extensive or high-volume. Low-volume attacks with short durations of attack are also common. These attacks are often more easily overlooked as a random incident than a security breach. DDoS attacks of low volume are likely to distract from the threat of damaging malware. Ransomware and malicious software are examples of this malware your network can be infiltrated.
5. 5. Adopt cloud-based service providers outsourcing DDoS attack prevention to the cloud has many benefits.
High-level cybersecurity providers can help you protect your network and assets from DDoS criminals. Because the cloud has greater bandwidth than private networks, it is more likely to fail under increased DDoS attacks.
Reputable cloud providers also offer network redundancy and duplicating copies. This means that in the event of a DDoS attack or other disruptions, you can easily switch to backed-up versions.