Businesses face rising costs from DDoS attacks

The financial impact of a DDoS attack is continuing to rise globally -- totaling on average over $120,000 per attack for SMBs and over $2 million for enterprises. These findings come from a study by Kaspersky Lab which shows that the cost of a DDoS attack in 2017 was almost $20,000 higher for SMEs than in 2016 and more than half a million dollars more for enterprises. Asked about the specific consequences experienced as a result of a DDoS attack, most organizations (33 percent) claim that the cost incurred in fighting the attack and restoring services is the main burden,… [Continue Reading]