https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • Analytics
    • Artificial Intelligence
    • Cloud
    • Data Centers
    • Desktop
    • IoT
    • Mobility
    • Networking
    • Open Source
    • RMM/PSA
    • Security
    • Virtualization
    • Voice/Connectivity
  • Strategy
    • Back
    • Best Practices
    • Business Models
    • Channel 101
    • Channel Programs
    • Channel Research
    • Digital Transformation
    • Diversity & Inclusion
    • Leadership
    • Mergers and Acquisitions
    • Sales & Marketing
    • Specialty Practices
  • MSSP Insider
    • Back
    • Business of Security
    • Cloud and Edge
    • Endpoint
    • Network
    • People and Careers
    • Training and Policies
  • MSP 501
    • Back
    • 2020 MSP 501 Rankings
    • 2020 Hot 101 Rankings
    • 2020 MSP 501 Report
  • Intelligence
    • Back
    • Our Sponsors
    • From the Industry
    • Content Resources
    • COVID-19 Partner Help
    • Galleries
    • Podcasts
    • Reports
    • Videos
    • Webinars
    • White Papers
  • EMEA
  • Awards
    • Back
    • Excellence in Digital Services
    • 2020 MSP 501
    • Top Gun 51
  • Events
    • Back
    • CP Conference & Expo
    • Channel Partners Evolution
    • Channel Evolution Europe
    • Channel Partners Event Coverage
    • Webinars
  • Channel Mentor
    • Back
    • Channel Market Intelligence
    • Channel Educational Series
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • Analytics
    • Artificial Intelligence
    • Cloud
    • Data Centers
    • Desktop
    • IoT
    • Mobility
    • Networking
    • Open Source
    • RMM/PSA
    • Security
    • Virtualization
    • Voice/Connectivity
  • Strategy
    • Back
    • Best Practices
    • Business Models
    • Channel 101
    • Channel Programs
    • Channel Research
    • Digital Transformation
    • Diversity & Inclusion
    • Leadership
    • Mergers and Acquisitions
    • Sales & Marketing
    • Specialty Practices
  • MSSP Insider
    • Back
    • Business of Security
    • Cloud and Edge
    • Endpoint
    • Network
    • People and Careers
    • Training and Policies
  • MSP 501
    • Back
    • 2020 MSP 501 Rankings
    • 2020 Hot 101 Rankings
    • 2020 MSP 501 Report
  • Intelligence
    • Back
    • Our Sponsors
    • From the Industry
    • Content Resources
    • COVID-19 Partner Help
    • Galleries
    • Podcasts
    • Reports
    • Videos
    • Webinars
    • White Papers
  • EMEA
  • Awards
    • Back
    • Excellence in Digital Services
    • 2020 MSP 501
    • Top Gun 51
  • Events
    • Back
    • CP Conference & Expo
    • Channel Partners Evolution
    • Channel Evolution Europe
    • Channel Partners Event Coverage
    • Webinars
  • Channel Mentor
    • Back
    • Channel Market Intelligence
    • Channel Educational Series
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Digital Service Providers
  • Cloud Service Providers
  • CHANNEL PARTNERS ONLINE
 Channel Futures

MSSP Insider


Shutterstock

DDoS Attack

Distributed Denial of Service Attacks Skyrocket During Pandemic

  • Written by Edward Gately
  • May 7, 2020
On average, organizations became more vulnerable when working from home.

Distributed denial of service attacks jumped during the first three months of 2020 due mostly to the ongoing COVID-19 pandemic.

That’s according to Kaspersky’s Q1 2020 Distributed Denial of Service (DDoS) attacks report. Attacks on educational and municipal sites spiked during the quarter.

Cybercriminals are taking advantage of increased demand in online resources to attack the most vital and popular digital services. For instance, they targeted the U.S. Department of Health and Human Services, hospitals in Paris and online game servers.

Alexander Gutnikov is a system analyst at Kaspersky DDoS prevention service. He said on average, organizations became more vulnerable when working from home.

Kaspersky's Alexander Gutnikov

Kaspersky’s Alexander Gutnikov

“First, as people are more reliant on online services, the risk related to their downtime has also increased, which means that malefactors have become more interested in attacks on such services,” he said. “Secondly, some parts of a company’s infrastructure, which previously were not very important for company functioning, now become critical as the work of the company depends on them. These can be, for example, a VPN server that employees use to remotely connect to the company’s infrastructure. At the same time, the load on these infrastructure elements is growing. This makes them an attractive target for attackers, and victim organizations may not have the experience of protecting these parts of infrastructure.”

In the first quarter, DDoS attacks tripled compared to the same period in 2019. And the share of such attacks amounted to 19% of the total number of incidents in the first quarter.

During this period, Kaspersky DDoS protection detected and blocked double the amount of attacks than in the fourth quarter of 2019, and 80% more compared to the first quarter of 2019. The average duration of attacks also grew, with first-quarter 2020 DDoS attacks lasting 25% longer than in the year-ago quarter.

Organizations don’t contact qualified specialists, and that is a big problem, Gutnikov said. DDoS attacks and protection against them is a complex service. Therefore, it’s difficult to organize and maintain it on your own.

“Many companies now need an infrastructure audit to find weakest links, so MSSPs can provide such a service,” he said.

It’s difficult to estimate the monetary damage of DDoS attacks, including the price of service downtime and reputation losses, Gutnikov said.

“Taking the example of the VPN server: If because of a DDoS attack employees cannot connect to the company’s infrastructure and therefore cannot do their work, the damage will be equal to a day of downtime,” he said.

Datrium Ransomware Research

Meantime, Datrium’s latest research shows ransomware is a top concern for companies during the pandemic. The company surveyed more than 300 IT professionals from organizations with 500 or more employees, and that have experienced a ransomware attack in the last year.

Nearly 96% say their companies are increasingly concerned about being hit with a ransomware attack during the pandemic. This marks an increase from Datrium’s State of Enterprise Data Resiliency and Disaster Recovery 2019 study. In it, nearly 90% of companies considered ransomware a critical threat to business.

Most respondents said ransomware attacks have cost their companies between $100,000-$500,000, while 19.7% reported a loss of more than $500,000. That includes ransomware payment, downtime and lost business.

“Ransomware continues to dramatically plague businesses, and this research shows that businesses are even more concerned about it because of their newly distributed workforces resulting from the COVID-19 pandemic,” said Tim Page, Datrium’s CEO. “The current pervasiveness of remote work puts businesses in a more vulnerable position as they are more open to increased targeting by ransomware criminals.”

Most respondents reported that disaster recovery (DR) has become more important at their company given their newly distributed workforces.

The survey asked what kind of disaster recovery approaches businesses have in place. To that question, many respondents said they currently or plan to use the cloud as part of their DR strategy.

Tags: MSPs Cloud and Edge MSSP Insider Network

Related


  • Cybersecurity Roundup
    Democrats to Take Charge of Federal Cybersecurity in Election Aftermath
    Democrats will have their hands full when dealing with federal cybersecurity.
  • DC Capitol Riot
    US Capitol Rioters Pose Cybersecurity Threat Due to Device Access, Theft
    It's not yet known what all the rioters got their hands on or saw.
  • 2021 - The Year of Extortion
    Expect 2021 to Be Fraught with Cybersecurity Threats
    Ransomware, insider threats, VPNs, weak APIs. Here's what MSPs/MSSPs need to know for 2021.
  • Cybersecurity Roundup
    Beyond SolarWinds, Russian Hackers Target Austin, Texas
    All cities with critical infrastructure should be worried about cyberattacks.

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • IBM: Cybercriminals Could Disrupt COVID-19 Vaccine Supply Chain
  • FASTCHAT: How Old, Unpatched Technologies Are Creating New Security Threats for MSPs and Their Customers
  • Acronis Cyber Threats Report: 2021 Will Be 'Year of Extortion'
  • 8 Ways Fraud Email Can Compromise Your Back Office

Galleries

View all

New, Changing Partner Programs: AWS, Tech Data, Avaya, Verizon

January 11, 2021

Industry Perspectives

View all

Help Your Customers Mitigate Malware: Viruses, Worms, and Trojans…Oh My!

January 15, 2021

SMBs’ Cybersecurity Risk Awareness Is Rising

January 13, 2021

Your Cloud Data Is Protected, But Is It Portable?

January 12, 2021

Webinars

View all

Blueprint for a Scalable MSSP Practice in 2021

January 21, 2021

Who’s Behind the Mask? Hacker Personas Explained

January 26, 2021

How Managed Hosting Providers Thrive with the Alternative Cloud

February 24, 2021

White Papers

View all

Why Subscription Business Model

January 15, 2021

The Ultimate MSP Guide to Sales Efficiency

January 14, 2021

Eight Reasons Why MSPs Need IT Industry-Specific Sales Tools

January 14, 2021

Upcoming Events

View all

Channel Partners Virtual

March 2, 2021 - March 4, 2021

Channel Partners Conference & Expo

November 1, 2021 - November 4, 2021

Videos and Fastchats

View all

FASTCHAT: How SOAR Eliminates Security Challenges and Elevates Service Provider Revenues

January 6, 2021

Happy Holidays from Channel Partners & Channel Futures!

December 21, 2020

FASTCHAT: How Old, Unpatched Technologies Are Creating New Security Threats for MSPs and Their Customers

December 3, 2020

Twitter

ChannelFutures

.@IBMServices snaps up #MSP Taos for #hybridcloud expertise. dlvr.it/RqggQR https://t.co/Fy3uPDtLNw

January 16, 2021
ChannelFutures

.@LenovoBusiness launches its thinnest #ThinkPad to date @CES, revamped ThinkBooks and #ThinkReality glasses.… twitter.com/i/web/status/1…

January 16, 2021
ChannelFutures

Help your customers mitigate #malware @Tech_Data #cryptolocker #antivirus #ransomware #cybersecurity… twitter.com/i/web/status/1…

January 15, 2021
ChannelFutures

Advantages of the Subscription business model for MSPs and IT Resellers @kaspersky dlvr.it/RqgDJn https://t.co/ay694fudp3

January 15, 2021
ChannelFutures

Cloud #distributor @Pax8 launches in UK with leadership team in place. dlvr.it/RqfJWx https://t.co/RsKDCowM5V

January 15, 2021
ChannelFutures

bit.ly/3oO2vFY twitter.com/Craig_Galbrait…

January 15, 2021
ChannelFutures

The Ultimate MSP Guide to Sales Efficiency @zomentum dlvr.it/Rqc63q https://t.co/rHIVLkR01K

January 15, 2021
ChannelFutures

Eight Reasons Why MSPs Need IT Industry-Specific Sales Tools dlvr.it/Rqc62k https://t.co/MQDcIYc7G9

January 15, 2021

MSSP Insider

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Channel Partners Online

Want more? Find more channel news and analysis on our sister site, Channel Partners.

Media Kit And Advertising

Want to reach our audience? Access our media kit

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Online
  • Channel Partners Events
  • MSP 501
  • MSSP Insider
  • IoT World Today
  • Webhostingtalk

WORKING WITH US

  • Contact
  • About us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X