2018 EfficientIP DNS Threat Report reveals cost per attack increased by 57%

EfficientIP’s 2018 Global DNS Threat Report has uncovered alarming trends in the landscape of cyber threats, emphasizing the critical need for robust DNS security measures. One of the key revelations from the report is a staggering 57% increase in the cost per attack compared to previous years. This substantial rise underscores the growing sophistication and impact of DNS-based threats, painting a concerning picture for organizations worldwide. The report delves into the technical intricacies of these attacks and analyzes the behavioral responses, shedding light on the potential ramifications for businesses.

In the span of a year, organizations, on average, faced seven DNS attacks, illustrating the pervasive nature of this cybersecurity threat. Notably, some businesses incurred damages exceeding $5 million as a result of these attacks, highlighting the financial toll associated with inadequate DNS security. The report underscores the imperative for organizations to fortify their defenses against DNS-based threats, considering the evolving popularity and increasing sophistication of these attacks.

The study’s findings emphasize a critical oversight in the security landscape – a failure to adapt security solutions to protect DNS, whether on-premise or in the cloud. This deficiency in adapting security measures to the dynamic nature of DNS vulnerabilities amplifies the risks associated with data breaches, service disruptions, compliance failures, and compromised public image. EfficientIP’s report serves as a wake-up call for organizations to reevaluate their cybersecurity strategies, placing a renewed emphasis on DNS protection.

As organizations grapple with the consequences of inadequate DNS security, the report points to investment priorities aimed at ensuring data confidentiality. Recognizing the multifaceted risks posed by DNS attacks, organizations are urged to allocate resources strategically to fortify their defenses. Whether through on-premise solutions or cloud-based security measures, the emphasis is on a proactive and adaptive approach to safeguarding DNS integrity. In an era where cyber threats continue to evolve, EfficientIP’s insights underscore the urgency for organizations to prioritize DNS security to mitigate the potential fallout of attacks, safeguarding both their financial well-being and their reputation in the digital realm.