Data security confidence on the rise, but so are attacks
A large majority of U.S. companies say they’re confident in the way they’re defending against distributed denial-of-service (DDoS) attacks, even though many of these businesses have been hit with successful attacks, according to a survey by Sapio Research conducted on behalf of content delivery network and cloud security provider CDNetworks.
Sapio surveyed 500 senior IT professionals in the U.S., U.K., Germany, Austria, and Switzerland, and found that 88 percent of the U.S. businesses are confident in their current DDoS mitigation, despite the fact that 69 percent have suffered a successful DDoS attack in the last 12 months.
U.S. businesses’ overconfidence in their DDoS mitigation and recent track record of being breached is all the more concerning given that 88 percent of the companies think new attacks are likely or almost certain in the next 12 months. The self-assurance of U.S. companies appears to stem from their high and growing DDoS investment, and their long track record in investment in DDoS mitigation, the report said.
Businesses in the U.S. are spending an average of about $34,700 per year on DDoS mitigation, and more than a quarter (26 percent) have invested more than $53,000 in DDoS mitigation technologies in the last 12 months. Two thirds of U.S. companies will further increase investment in related technology over the next 12 months.