According to the Q2 2018 Threat Report, Nexusguard’s quarterly report, the average distributed denial-of-service (DDoS) attack grew to more than 26Gbps, increasing in size by 500%.
The research looked at the same period last year and found that the maximum attack size quadrupled to 359Gbps. Evaluating thousands of worldwide DDoS attacks, researchers reportedly gathered real-time attack data from botnet scanning, honeypots, ISPs and traffic moving between attackers and their targets. Data analysis led researchers to attribute the stark surge to IoT botnets and Satori malware exploits, one of many variants of the Mirai malware.
“Due to the increase in IoT-related malware exploits and the rampant growth of large-scale DDoS attacks, research conclusions point to the continued use of IoT botnets. Cyber-attacks hit the 2018 FIFA World Cup, as well as cryptocurrency-related businesses, maximizing revenue loss,” Nexusguard wrote in a press release. Additionally, attacks on the Verge Network (XVG) resulted in a significant loss of 35 million XVG tokens.
“The biggest zero-day risks can stem from various types of home routers, which attackers can exploit to create expansive DDoS attacks against networks and mission-critical services, resulting in jumbo-sized attacks intended to cripple targets during peak revenue-generating hours,” said Juniman Kasman, chief technology officer for Nexusguard.
“Telcos and other communications service providers will need to take extra precautions to guard bandwidth against these super-sized attacks to ensure customer service and operations continue uninterrupted.”
Nexusguard analysts advise communications service providers (CSPs) and other potentially vulnerable operations to augment their preparedness so that they are able to maintain their bandwidth, especially if they lack full redundancy and failover plans in their infrastructures. CSPs and vulnerable organizations that enhance bandwidth protection will be better positioned to stay ahead of the surging attack sizes.
“In the quarter, increasingly large attacks (a YoY average-size increase of 543.17%) had a severe impact on Communication Service Providers (CSP),” the report said. “Serving as a link between attack sources and victim servers and infrastructures, CSPs bear the burden of the increasing size of traffic, irrespective of its source or destination. As such, Internet service is degraded.”