During the fourth quarter of 2022, 829 million cyberattacks were unsuccessful worldwide due to security measures. Out of these attacks, 59 percent targeted websites located in India. Application security company Indusface reveals this information in their report. The report noted a significant increase in the number and severity of DDoS (distributed denial of service) and Bot attacks. These attacks were at their peak during the fourth quarter.
These attacks involve multiple compromised systems to overwhelm a network with traffic, making it unavailable to users. The rise in DDoS and Bot attacks during the fourth quarter may have been due to various factors. These factors include increased malicious actors or insufficient security measures to prevent these attacks. Individuals and businesses must take appropriate precautions to protect themselves against these cyber threats.
What is the case with Indusafe?
During the current quarter, many healthcare customers experienced targeted DDoS attacks. In total, almost 20 applications were under severe damage by these attacks. A SaaS application also suffered a large attack, with data totaling 2TB being targeted. However, companies were able to mitigate both of these attacks successfully with the swift actions of the Indusface team. Specifically, Al sent out anomaly alerts, and a managed services team deployed surgical rules to stop the attacks in their tracks. Thanks to these efforts, the attacks were thwarted, and the affected customers could continue operating as normal. Overall, this demonstrates the effectiveness of Indusface’s security measures in protecting against DDoS attacks and ensuring the continuity of business operations.
What do the Report states?
According to the report, mid-market companies with revenues between $10 million and $1 billion have experienced the most cyberattacks. These attacks account for 45% of all attacks. These attacks are significantly higher than those experienced by large enterprises or those with over $1 billion in revenue, accounting only for 21% of attacks. On the other hand, small businesses accounted for 34% of attacks, showing that no business is immune to these attacks. However, the report notes that the ability to create custom rules has proven to be instrumental in enhancing cybersecurity. Custom rules allow businesses to tailor their cybersecurity measures to fit their specific needs and vulnerabilities, making them better equipped to protect against cyberattacks. Therefore, the report suggests businesses should consider implementing custom rules to strengthen their cybersecurity defenses.
According to a recent report, most enterprises typically deploy around 48 custom rules to protect against cyber attacks. These custom rules effectively block 60% of all attacks that target the enterprise. The report also noted an increase in “virtual patching” used to protect applications at the web application firewall (WAF) level. During the last two months of the observation period, 32% of all apps were affected by DDoS attacks. The industries most vulnerable to these attacks were banking, insurance, and other financial companies, followed by IT services and manufacturing companies.
The software as a service (SaaS) and information technology (IT) sectors make up 9% of websites, while retail and e-commerce also represent 9% of websites. This indicates that these industries have a significant presence online. The report also reveals that 59% of the websites under analysis were in India, while the remaining 23% were in the United States and Canada. This suggests that most websites analyzed were based in India, with a smaller number based in North America.