DDoS Attacks in H1 2023 Up 200% from 2022 According to New Zayo Data
Zayo Group Holdings, Inc., a leading global communications infrastructure provider, announced its annual Distributed Denial of Service (DDoS) Insights Report, analyzing DDoS attack activity and impact across industries in the first half of 2023.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230824438114/en/
(Graphic: Business Wire)
The global landscape of increasing digitization, political unrest and the emergence of widespread adoption of work-from-home have all contributed to an increase in DDoS attacks, which jumped 200% in H1 2023 compared to the full year 2022.
Key Findings in Brief:
DDoS attacks are the most common cyberattack against an organization's online presence. These are deliberate attacks in which a target's Internet circuit is flooded with fake or illegitimate traffic to prevent true user traffic from passing. Even small attacks can cause hours of downtime, resulting in immense costs for businesses, including lost money, time, customers and reputation.
No matter the attack frequency, duration, or size, unprotected organizations experienced an average cost of $200,000 per DDoS attack, according to HubSpot. Even small businesses are hit hard, with average costs of $120,000 to recover.
"When your business will get hit by a DDoS attack is a game of probability," said Anna Claiborne, SVP of Packet and Product Software Engineering at Zayo. "With a huge rise in attacks in 2023 and more attacks over 100Gbps, the odds are not in your favor. While there are a myriad of statistics on the cost of remediating a DDoS attack, the long-tail loss of customer confidence after an attack is difficult to quantify and even more difficult to fix. Running any business on the Internet without DDoS protection is a risk, and you have to ask yourself if it's one worth taking."
To download the full report and learn more about how Zayo can help protect your business from cyber attacks, visit https://www.zayo.com/resources/truth-and-trends-of-ddos-attacks/.
The report analyzes more than 70,000 threat detections and mitigations experienced by Zayo customers across 14 industries and regionally across North America and Western Europe between January 1 and June 30, 2023. Year-over-year comparative analyses refer to Zayo data collected during the same time frame from 2022.
For more than 15 years, Zayo has empowered some of the world's largest and most innovative companies to connect what's next for their business. Zayo's future-ready network spans over 17 million fiber miles and 142,000 route miles. Zayo's tailored connectivity and edge solutions enable carriers, cloud providers, data centers, schools, and enterprises to deliver exceptional experiences, from core to cloud to edge. Discover how Zayo connects what's next at www.zayo.com and follow us on LinkedIn and Twitter.
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