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Individual DDoS Attacks Can Cost Enterprises US$ 50,000 (£35,000)

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The ISBuzz Post: This Post Individual DDoS Attacks Can Cost Enterprises US$ 50,000 (35,000) appeared first on Information Security Buzz.

DDoS attacks can cost enterprises $50,000 (35,000) per attack – but lost revenue is still only considered to be the fourth most damaging consequence of this type of cyber-attack, according to research published today byCorero Network Security(LSE: CNS), a leading provider of real-time DDoS defense solutions.

The Corero research surveyed over 300 security professionals from a range of industries including financial services, cloud, government, online gaming and media sectors. An overwhelming number of respondents (91%) said that individual DDoS attacks can cost their organisations up to $50,000 in terms of lost business, the cost of mitigating attacks and lost productivity. In addition, 69% indicated that their organisation experiences between 20-50 DDoS attack attempts per month – equivalent to roughly one attack per day.

But despite this...(continued)

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