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CNS Corero Network Security Plc

12.00
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Corero Network Security Plc LSE:CNS London Ordinary Share GB00B54X0432 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.00 11.50 12.50 12.00 12.00 12.00 2,302 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computers & Software-whsl 20.12M 554k 0.0011 109.09 61.06M

Short, Stealthy, Sub-Saturating DDoS Attacks Pose Greatest Security Threat to Businesses

05/06/2017 9:00am

Business Wire


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New DDoS Trends and Analysis Report warns of “Trojan Horse” DDoS Attacks intended to disrupt and distract network operators from more destructive security threats

The greatest DDoS risk for organisations is the barrage of short, low volume attacks which mask more serious network intrusions, according to the latest DDoS Trends and Analysis report from Corero Network Security (LSE: CNS), a leading provider of real-time DDoS defense solutions.

According to new Corero research, which highlights DDoS attack attempts against its customers, short, frequent, low-volume DDoS attacks continue to dominate. Despite several headline-dominating, high-volume DDoS attacks over the past year, the vast majority (98%) of the DDoS attack attempts against Corero customers during Q1 2017 were less than 10 Gbps per second in volume. In addition, almost three quarters (71%) of the attacks mitigated by Corero lasted 10 minutes or less.

Due to their small size, these sub-saturating attacks tend to go undetected by IT security staff and many DDoS protection systems. However, they are just disruptive enough to knock a firewall or intrusion prevention system (IPS) offline so that the hackers can target, map and infiltrate a network to install malware and engage data exfiltration activity.

Ashley Stephenson, CEO at Corero Network Security, explains: “Short DDoS attacks might seem harmless, in that they don't cause extended periods of downtime. But IT teams who choose to ignore them are effectively leaving their doors wide open for malware or ransomware attacks, data theft or other more serious intrusions. Just like the mythological Trojan Horse, these attacks deceive security teams by masquerading as a harmless bystander – in this case, a flicker of internet outage – while hiding their more sinister motives.”

Sub Saturating DDoS Attacks: The Calm Before The Storm

In total, Corero customers experienced an average of 124 DDoS attack attempts per month, equivalent to 4.1 attacks per day during Q1 of 2017. This is a 9 percent increase in attacks over Q4 2016.

Stephenson continues: “Rather than showing their capabilities in full view, through large, volumetric DDoS attacks that cripple a website, using short attacks allows bad actors to test for vulnerabilities within a network and monitor the success of new methods without being detected. Most cloud-based scrubbing solutions will not detect DDoS attacks of less than 10 minutes in duration, so the damage is done before the attack can even be reported.”

“As a result, the raft of sub-saturating attacks observed at the beginning of this year could represent a testing phase, as hackers experiment with new techniques before deploying them at an industrial scale.”

While low volume attacks remain the norm, Corero recorded a significant (55%) increase in large DDoS attacks of more than 10 Gbps per second, in Q1 of 2017, compared to the previous quarter. In addition, while the majority of attacks recorded lasted less than 10 minutes, the data also revealed a slight increase in attacks lasting 20 minutes or longer, with these attacks now accounting for nearly a quarter (22%) of all the attacks recorded.

Increased Risks For EU General Data Protection Regulation (GDPR)

From May 2018, any organization that operates in Europe or has European resident data could be subject to severe penalties of up to 4 percent of global turnover if they fail to protect the data of EU residents.

Stephenson states: “With GDPR on the horizon, the risk of data theft resulting from sub-saturating DDoS attacks is extremely serious, and claiming to be ignorant of malicious activity on your network will not substitute a defence. To keep up with the growing sophistication and organization of well-equipped and well-funded threat actors, it’s essential that organizations maintain a comprehensive visibility across their networks to detect and block any potential DDoS incursions as they arise.”

For access to the complete Corero DDoS Trends report, download it here.

About Corero Network Security

Corero Network Security is the leader in real-time, high-performance DDoS defense solutions. Service providers, hosting providers and online enterprises rely on Corero’s award winning technology to eliminate the DDoS threat to their environment through automatic attack detection and mitigation, coupled with complete network visibility, analytics and reporting. This industry leading technology provides cost effective, scalable protection capabilities against DDoS attacks in the most complex environments while enabling a more cost effective economic model than previously available. For more information, visit www.corero.com.

Elevate CommunicationsMatthew Farhadi, 617-981-9637mfarhadi@elevatecom.com

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