DDoS: Used as a smoke screen for data theft

The real-time data and information analysis service Neustar released a new report on the attacks DDoS and their impact on business.

ddos

The figures for "DDoS Attacks and Impacts Report"(PDF) show that more than 90% of respondents believe that DDoS attacks are similar or have risen over the previous year.

Experts say DDoS attacks are increasingly being used by cybercriminals as a smoke screen. This means they use DDoS attacks to get the attention of the company's IT staff while backing up malicious software that is designed to steal their data.

Almost half of the businesses reported having experienced a DDoS attack or some last year criminals had installed malware on their systems. Additionally, 55% of those who were targets DDOS owned funds, customer data, or intellectual property products.
Rodney Joffe, senior vice president and senior technologist at Neustar, reports.

"When there's a big storm, you run around your house, making sure all the windows are closed and you have your flashlights ready (ss in case current). You don't have to worry about anything else. Something similar happens with DDoS attacks. They create panic, which is understandable, but sometimes dangerous.”

The study also shows that 90% of companies have suffered repeated attacks. As for the number of attacks, the major attacks have almost tripled. More precisely, the number of cyber attacks from 1 to 5 Gbps increased by 150%.

2013, the number of attacks required by more than 10 people to limit them doubled compared to the previous year.

As far as costs are concerned, 40% of businesses, or organizations, estimate that the attacks suffered losses over 1.000.000 dollars a day. Over half the cost of DDoS attacks was absorbed by non-IT services, particularly customer support.

Read all of Neustar's research. The based on the responses of 450 North American companies from the industry sector.

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Written by giorgos

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