New research released by Neustar shows that the majority of UK businesses are unprepared to deal with the threat of DDoS.
The Distributed Denial of Service (DDoS) attacks are a common method for cyberattacks on online businesses. A DDoS attack uses compromised computer systems to attack a single target, sending traffic from multiple points to a point that often overwhelms a system, resulting in the online service being inaccessible.
According to the survey, a third of UK businesses estimate they could lose £240,000 per day if they were hit by a DDoS. After surveying 331 UK companies across a range of industries including financial services, technology and the public sector, the statistics reveal that larger DDoS attacks are increasingly common, with a 200% increase in attacks affecting bandwidths between 1-20Gbps, in addition to a significant increase in attacks measuring 100Gbps or more.
