Security providing firm Kaspersky revealed in its latest research report that the longest DDoS attack lasted for 320 hours in 2015. DDoS is nothing but distributed denial of service, where attacks involve a number of PCs accessing the server at once, forcing the server to crash.
The study also confirmed that the majority of DDoS attacks lasted less than 24 hours, showing companies are reacting faster to attacks.
“Based on our observations and direct measurements, we cannot pinpoint one exact direction in which the underground business of DDoS attacks is moving. Instead, the threat appears to be growing everywhere,” said Evgeny Vigovsky, head of Kaspersky DDoS Protection.
Kaspersky reveals that banks are the very first soft targets for such cyber crimes and ransom demands, while Linux based botnet assaults, accounted for almost half of all attacks on servers around the world.
The security offering software firm discovered that its own lab solutions have successfully blocked almost 626,000 attempts to launch malware capable of stealing money via access to users’ online banking. Kaspersky estimated that over 75.4 million unique URLs were recognized as malicious by web antivirus components in 3Q 2015. During the same quarter, it was observed that there were 5.68 million notifications about attempted malware infections to steal money from users via online access to bank accounts.
Kaspersky in its report concluded that inappropriate protection strategies and higher bandwidth usage are making the work of cyber criminals easy. In its report the security firm also mentioned that cyber criminals are also using low cost methods designed to put a company’s operations down for a significant amount of time. This clearly shows how financial institutions are still taking cyber crime lightly.
Kaspersky’s report concluded that servers in China, the US and South Korea were attacked most often, but interestingly, the majority of crime originated from these three countries too.
It demonstrates that although other attacks such as card theft may occur across geographic boundaries, DDoS attacks tend to be more localized. Kaspersky’s report also revealed one unlucky server in the Netherlands was attacked 22 times.
Thus, awareness among businesses will be key to eradicate or lessen the DDoS attacks taking place throughout the world in future.