Average DDoS Attack Costs $6,000 Per Minute
HelpNet Security, Wednesday, August 21st, 2024
2023 saw a surge in the frequency and duration of DDoS attacks, and in the first half of 2024, it's clear that surge has become the new normal, according to Zayo.
DDoS attacks surged 106% from H2 2023 to H1 2024. The report also found that an average DDoS attack now lasts 45 minutes-an 18% increase from last year-costing unprotected organizations approximately $270,000 per attack at an average rate of $6,000 per minute.
While long-duration attacks can cripple an organization, short-burst attacks are equally dangerous, often utilized to assess the effectiveness of the target's defenses. Moreover, the methods employed to execute DDoS attacks are also undergoing changes. Understanding these changes is crucial. Increasingly, attackers are employing multi-vector DDoS attacks, which involve combining various DDoS attack methods into a brief attack and then repeating the process shortly thereafter.