Businesses Blame Rivals for Staging DDoS Attacks: Study

by CXOtoday News Desk    Mar 09, 2017

cybersecurity

Companies accuse rival firms of perpetrating DDoS attacks ahead of cyber attackers and foreign governments, according to a recent study. More than two in five (43%) businesses who were victim to a distributed denial of service (DDoS) attack on their IT system believe their competitors were behind it, said a research by Kaspersky Lab and B2B International. [Read the full report here]

Kaspersky Lab’s 2016 IT Security Risks study, found that industrial sabotage was considered to be the most likely reason behind a DDoS attack, coming out higher than political conspiracy and personal vendettas against a business. Only one in five attack victims (20%) blamed foreign governments and secret service organisations; with the same proportion (21%) suspecting disgruntled former employees.

When assessing the global picture, more than half (56%) of DDoS victims in Asia Pacific blame competitors, and over a quarter blame foreign governments (28%). Personal grudges carry more suspicion in the region too; one in three (33%) points the finger at former staff. However, only a third (37%) of businesses in Western Europe suspect foul play by their competitors with a fifth (17%) blaming foreign governments.

Looking at attitudes by business size, businesses at the smaller end of the scale are more likely to suspect their rivals of staging an experienced DDoS attack. 48% of SMB representatives believe this to be the case compared to only 36% of enterprises. In contrast, respondents from big companies put more blame on former employees and foreign governments.

“It is clear that businesses feel their IT systems and private data are under siege from all sides,” says Kirill Ilganaev, Head of Kaspersky DDoS Protection at Kaspersky Lab.

“With DDoS attacks becoming so frequent and so crippling, many suspect their competitors are behind them, as they look for ways to put their rivals out of action and steal their customers as a result. With such underhand tactics only increasing, it is imperative that businesses up their game to stay protected and impenetrable to attack.

Last month, Kaspersky Lab released its Q4 2016 DDOS Intelligence report, which stated that DDOS methods are becoming more and more sophisticated and the array of devices being harnessed by botnets are increasingly diverse, while the attackers show off their capabilities by choosing bigger and more prominent targets.

The fourth quarter of 2016, saw the longest DDOS attack of the year, which lasted for 292 hours (or 12.2 days), and also the 2016 record was broken for the number of DDOS attacks in one day – with 1 915 attacks launched on 5 November last year, notes the report. Kaspersky Lab’s experts predict that the trends toward increasingly complex DDOS attacks and greater numbers of Internet of things (IOT) botnets will continue in 2017.

To help businesses defend themselves from DDoS attacks – regardless of attack origin – Kaspersky said its DDoS Protection provides a complete, integrated solution that includes everything a business needs to minimise the threat of DDoS attacks. The solution keeps businesses running smoothly by protecting them from the most complex and high-volume attacks.