Majority of UK firms unprepared for DDoS attacks, study finds
New research released by Neustar suggests that the majority of UK businesses are unprepared to cope with the threat of DDoS attacks.
Distributed Denial of Service (DDoS) attacks are a common method for cyberattacks to disrupt an online businesses. A DDoS attack uses compromised computer systems to attack a single target, sending traffic from multiple points of origin in a flow which often overwhelms a system, causing it to deny authentic traffic access to services.
According to research released by Neustar, a third of UK businesses estimate losses of £240,000 per day when hit with DDoS attacks. After surveying 331 companies in the United Kingdom across numerous industries including financial services, technology, and the public sector, the analytics provider says larger DDoS attacks are becoming more frequent with a 200 percent increase in attacks affecting bandwidth between 1-20Gbps, in addition to a significant increase in attacks on bandwidth with a magnitude of 100Gbps or more.
