The Good Tech Companies - Gcore Radar Report Reveals 56% Year-on-Year Increase In DDoS Attacks

Episode Date: February 11, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/gcore-radar-report-reveals-56percent-year-on-year-increase-in-ddos-attacks. DDoS attacks have reached unprecedented scale and disruption in 2024, and businesses need to act fast to protect themselves from this evolving threat. The repor Check more stories related to cybersecurity at: https://hackernoon.com/c/cybersecurity. You can also check exclusive content about #cybersecurity, #gcore, #cybernewswire, #press-release, #gcore-announcement, #cyber-threats, #cyber-security-awareness, #good-company, and more. This story was written by: @cybernewswire. Learn more about this writer by checking @cybernewswire's about page, and for more stories, please visit hackernoon.com. Gcore's Q3-Q4 2024 Radar report into DDoS attack trends highlights a steep long-term growth trend. The gaming industry continues to be the most targeted by DDoS attacks, accounting for 34% of all attacks. The financial services sector experienced a significant increase, with 26% of attacks in the period.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. G-Core radar report reveals 56% year-on-year increase in DDoS attacks. By Cyber Newswire, Luxembourg, Luxembourg, February 11, 2025, Cyber Newswire, asterisk G-Core, the global edge AI, cloud, network, and security solutions provider, today announced the findings of its Q3-Q4 2024 radar reporting to DDoS attack trends. DDoS attacks have reached unprecedented scale and disruption in 2024, and businesses need to act fast to protect themselves from this evolving threat. Their report reveals a significant escalation in the total number of DDoS attacks and their magnitude, measured in terabits per second, TBPs. Key highlights from Q3-Q4-2024 filled circle

compared to Q3-Q4-2023, the number of DDoS attacks have risen by 56%, which highlights a long-term growth trend. Filled circle the gaming industry continues to be the most targeted by DDoS attacks, accounting for 34% of all attacks. Filled Circle in Q3-Q4-2024, the financial services sector experienced a significant increase, accounting for 26% of all DDoS attacks, up from 12% in the previous period. Filled Circle there was a 17% increase in the total number of attacks compared with Q1 Q20 2024. Filled Circle the largest attack peaked at 2 terabits per second in Q3 Q4 2024, which is an 18% increase from Q1 Q2 2024. Filled Circle DDoS attacks are becoming shorter in duration but more powerful.

Attackers are shifting their focus The sectors that were targeted in Q3-Q4-2024 reflect a changing focus among DDoS attackers. The technology industry has seen a steady increase in its share of DDoS attacks, increasing from 7% to 19% since Q3-Q 2023. This is because DDoS attackers recognize the wide-reaching disruption potential of attacking technology services. A single successful attack can take out a service that countless organizations depend on, causing significant harm to people and businesses. Another reason that technology platforms have seen an increase in DDoS attacks is due to their vast computational power, which malicious actors can exploit to intensify their attacks. The gaming industry continues to be the most attacked industry, although there were 31% fewer attacks compared with Q1-Q2-2024.

The decline in attacks may be attributed to several factors. For instance, gaming companies are strengthening their DDoS defenses in response to ongoing attacks, which may result in fewer successful attacks. Another explanation is that attackers may be shifting their focus towards other high-value sectors, such as financial services, which saw a 117% increase in the number of attacks. The sector's critical online services and susceptibility to ransom-based attacks make it a prime target. Greater than Andrey Slasinov, head of security at G-Corp, commented, the latest G-Corp radar should be a wake-up call to businesses across all industries.

Not only greater than is the number and intensity of attacks increasing, but attackers are expanding greater than the scope of their attacks to reach an increasingly wide range of sectors. Greater than businesses must invest in robust DDoS detection, mitigation, and protection to greater than prevent the financial and reputational impact of an attack. The geographical distribution of DDoS attacks with a presence that spans six continents, G-Core can accurately track the geographical sources of DDoS attacks. G-Core derives these insights from Theotekker's IP addresses and the geographic locations of the data centers where malicious traffic is targeted. G-Core's findings have highlighted the Netherlands as a key source

of attacks, leading application layer attacks with 21% and ranking second for network layer attacks at 18%. The US ranked highly across both layers, reflecting its vast internet infrastructure for hackers to exploit. Brazil featured prominently in network layer attacks at 14%. Brazil's growing digital economy and connectivity make it an emerging source of attacks. China and Indonesia also featured prominently, with Indonesia showing a growth in application layer attacks at 8%, which reflects a broader trend of increased attack activity in Southeast Asia.

Short but potent attacks continue to take hold dose attacks are becoming shorter in duration, but no less disruptive. The longest DDoS attack duration during Q3-Q4-2024 was 5 hours, which is a significant decrease from 16 hours in the first half of the year. This is reflective of an increasing trend towards shorter but more intense attacks. These burst attacks can be more difficult to detect as they may blend in with normal traffic spikes. The delay in detection gives attackers a window of opportunity to disrupt services before cyber defenses can kick in. The trend of shorter DDoS attack durations can in part be attributed to improvements in cybersecurity. As security titans, attackers have learned to adapt with short burst attacks designed to bypass defenses. A short DDoS attack

can also double as a smokescreen to conceal a secondary attack, such as ransomware deployment. To access the full report, users can visit https://gcore.com, library, G-Core Radar DDoS Attack Trends Q3-Q4-2024 about G-Core as a global edge AI, cloud, network, and security solutions provider. Headquartered in Luxembourg, with a team of 600 operating from 10 offices worldwide, G-Core provides solutions to global leaders in numerous industries. G-Core manages its global IT infrastructure across six continents, with one of the best network performances in Europe, Africa, and LATAM due to the average response time of 30 milliseconds worldwide.

G-Core's network consists of 180 points of presence worldwide in reliable Tier I VAND Tier III data centers, with a total network capacity exceeding 200 terabits per second. Users can learn more at G-Core.com or follow them on LinkedIn, Twitter, and Facebook. Contact G-Core Press Contact PR at gcore.com. Tip This story was distributed as a release by CyberNewsWire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.