Companies Accuse their Competitors of Staging DDoS Attacks Against them

By   ISBuzz Team
Writer , Information Security Buzz | Dec 27, 2015 07:00 pm PST

According to recent research from Kaspersky Lab and B2B International, nearly half (48 per cent) of the companies surveyed believe they know the identity and motivation of those behind recent Distributed Denial of Service (DDoS)  attacks against them, with many naming competitors as key culprits.

Whilst criminals seeking to disrupt a company’s operations make up over a quarter (28 per cent) of the suspects, a surprising one in eight (12 per cent) companies believe that their competitors are responsible and have paid for DDoS attacks against them, making these cyber-threats even more harmful. This suspicion increases even more for those in the business services industry, with over a third surveyed (38 per cent) believing that their competitors were behind a DDoS attack.

Other perpetrators cited by the respondents include: criminals seeking to disrupt or distract while another attack took place (18 per cent); criminals seeking to disrupt their services for a ransom (17 per cent); political activists (11 per cent); and governments or state powers (5 per cent). The most popular motivation for the attacks was deemed to be a ransom, according to manufacturers (27 per cent) and those in the telecoms industry (27 per cent).

“DDoS attacks are no longer just about cyber-criminals seeking to halt a company’s operations. Businesses are becoming suspicious of each other and there is a real concern that many companies – including small and medium-sized ones – are being affected by the underhand tactics of their competitors, who are commissioning DDoS attacks directly against them, damaging their operations and reputation,” comments Evgeny Vigovsky, Head of Kaspersky DDoS Protection, Kaspersky Lab.

“No matter what industry you operate in, your organisation will have competitors, so it is wise to remain vigilant and fully understand the repercussions of a DDoS attack on your business in terms of the potential financial and reputational damage. It is wise not to pay a ransom, or to fall victim to cyber-criminals or competitors. Ensure that you have the appropriate security measures in place to help manage the increased risk posed to your business from DDoS attacks,” he continues.

To help businesses stay one step ahead, Kaspersky DDoS Protection delivers total, integrated DDoS attack protection and mitigation, defending businesses at every stage of an attempted DDoS attack. From analysis of online traffic through to sending alerts about possible threats and cleaning traffic, Kaspersky DDoS Protection provides everything a business needs to defend against and mitigate the effects of all types of DDoS attacks.

[su_box title=”About Kaspersky Lab” style=”noise” box_color=”#336588″]Kaspersky LabKaspersky Lab is one of the world’s fastest-growing cybersecurity companies and the largest that is privately-owned. The company is ranked among the world’s top four vendors of security solutions for endpoint users (IDC, 2014). Since 1997 Kaspersky Lab has been an innovator in cybersecurity and provides effective digital security solutions and threat intelligence for large enterprises, SMBs and consumers. Kaspersky Lab is an international company, operating in almost 200 countries and territories across the globe, providing protection for over 400 million users worldwide.[/su_box]

Notify of
0 Expert Comments
Inline Feedbacks
View all comments

Recent Posts

Would love your thoughts, please comment.x