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April 26th, 2016

The World Awaits: IoT and the Global DDoS Arms Race

cover of April 2016 Neustar DDoS Report

Our first DDoS Report of 2016 is aptly named: The Threatscape Widens: DDoS Aggression and the Evolution of IoT Risks. The title, albeit daunting, accurately reflects what’s taking place in the global battle against DDoS attacks. DDoS attacks are hardly new, but the broad and global scope of disaster that they leave in their wake is devastating—and consequential.

Here’s the devastating news:

  • 73 percent of global brands and organizations were attacked
  • 82 percent of attacked corporations suffered repeated assaults
  • 50 percent of organizations would lose $100k or more per hour in a peak-time DDoS related outage, with 33 percent losing more than $250k
  • 81 percent of companies that adopted IoT were attacked; 43 percent experienced some form of theft (customer data, finances, intellectual property) as a result

While all these statistics highlight a sobering reality, the last one on IoT begins to define the consequential news:

IoT is already under attack, and theft is taking place.

As Hank Skorny, our Senior Vice President of IoT says in the report, “IoT is not a distant concept.” It’s not just a computer-driven car; it’s the wearable device that counts the number of steps you’ve taken, and the phone that manages your day-to-day affairs. According to the report, only 34% of companies that have adopted IoT devices are focused on keeping them secure.

Read more about the global DDoS aggression, how companies are fighting back, and what it all means not only today, but also for the Internet of Things—both today and tomorrow. 

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