Spending on distributed denial-of-service (DDoS) mitigation in Europe has increased “sharply” over the last year, according to a new European report conducted by Sapio Research on behalf of CDNetworks.
Businesses in the UK, Germany, Austria and Switzerland found that recent high-profile DDoS attacks have been effective in driving investment in DDoS mitigation.
- 49% invested in DDoS mitigation technologies for the first time in the last 24 months
- 64% are likely to invest more next year than in the last 12 months
- 9% will be investing in DDoS mitigation for the first time in the next 12 months
- The average annual spend is £24,200, with one-fifth of businesses investing more than £40,000
According to the report, the level of investment has led to a high level of confidence in repelling DDoS attacks, with 83% of businesses describing themselves as “confident” in their current DDoS mitigation setup.
The report also found 86% of businesses have suffered a DDoS attack in the last year, with 31% of businesses believing that rivals are behind at least some of the DDoS attacks they are targeted by.
Chris Townsley, EMEA Director, CDNetworks, said: “It may have taken high profile attacks on Dyn and the overpowering of the likes of Twitter and CNN to spur businesses into action, but we’re glad that DDoS is now seen as an issue that needs to be addressed.
“However, the size and number of DDoS attacks are also increasing every year, turning DDoS into an arms race. Businesses cannot afford to be complacent or regard DDoS mitigation as a one-off investment as the trend for larger attacks shows the cyber criminals are currently winning the arms race.”
Written from press release by Leah Alger