OTS - Link11 European Cyber Report 2023: DDoS Attacks Surge by 70%
2024. March 13. 15:10
Frankfurt am Main, 13 March, 2024 (APA/OTS) - The Link11 European
Cyber Report 2023 highlights a dramatic 70% increase in DDoS
attacks, with attacks reaching critical levels in just 14 seconds
on average, compared to 55 seconds in 2022. Additionally, two
thirds of observed traffic is machine-based, indicating the
prevalence of bot activity.
The report emphasizes the rising complexity of the threat
landscape and the critical role of AI-based and automated security
solutions in bolstering cyber resilience. Politically motivated
attacks significantly contributed to the surge, targeting prominent
entities worldwide, including German federal states, the European
Investment Bank, and Microsoft.
Geopolitical tensions globally contributed to a rapid
escalation in DDoS attacks, particularly targeting critical
infrastructure, public institutions, and political organizations.
The ongoing conflicts, notably between Russia and Ukraine, and in
Israel, fueled politically motivated DDoS attacks by organized
groups.
The report points out the heightened security risk posed by web
applications and APIs, exacerbated by critical vulnerabilities in
unpatched software. The EU's mandate for Apple to open its
interfaces to third-party providers further intensifies the need
for enhanced security measures in this area. Moreover, the rising
threat from AI-driven bots presents significant challenges, with
projections indicating a 131% surge in online bot fraud by 2027.
Jens-Philipp Jung, Group CEO at Link11: "The impact of cyber
incidents requires a risk-based, holistic cybersecurity strategy.
It's about enabling innovation and growth with secure environments
and transforming security concepts into competitive advantages."
The report can be downloaded from the Link11 website
(https://www.link11.com/en/download/european-cyber-report-2023/).
About Link11:
Link11 is a global IT security provider specializing in
protecting infrastructures and web applications from cyberattacks.
Its cloud-based solutions help organizations worldwide strengthen
cyber resilience and prevent business disruptions. Link11 is ISO
27001 certified, ensuring the highest standards in data security.
Press contact: Lisa Froehlich l.froehlich@link11.com
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