For more information regarding the security incident at F5, the actions we are taking to address it, and our ongoing efforts to protect our customers, click here.

Concerned Saudi IT Decision-Makers Highlight Growing Scale and Impact of DDoS Attacks

Leading Saudi IT decision-makers have highlighted how distributed denial-of-service (DDoS) attacks are fast becoming one of the main business security risks in the Kingdom.

In a new survey commissioned by F5 Networks,84% agreed that DDoS attacks can have a strong adverse impact on business.

56% of those respondents singled out data and revenue loss as the main concerns whereas 55% cited a related decline in productivity.

According to the survey, 40% of the Saudi IT decision makers have endured a DDoS attack. 34% claimed normalcy after a few days, 36% after a week and 20% after a few weeks. 10% said it took up to a month to get back to business as usual.

45% put the estimated cost of recovery at between US$ 3 to 5 million, 30% between US$ 5 to 10 million, and 16% between $US 10 to 20 million. 2% said the damage was as high as $US 20 to 30 million.

The survey also highlighted the need for greater industry-wide awareness. Only 18% said they could “very accurately” describe the difference between a Layer 3 (network protocol) and Layer 7 (application layer) attacks. 

Published Jan 23, 2015
Version 1.0
No CommentsBe the first to comment