Market Study Indicates DDoS Protection is a High Priority for Data Centres, Hosting Providers and Network Services Providers

Megabuyte Research Assesses the Impacts, Awareness and Attitudes Towards DDoS Security in the Data Centre

HUDSON, Mass.--()--Corero Network Security (LSE:CNS), a leading provider of First Line of Defense® security solutions against DDoS attacks, today in conjunction with leading European technology sector market intelligence firm, Megabuyte, released the findings of the 2014 report, “Security in the Data Centre: DDoS Impact, Awareness & Attitudes.” The report, based on a survey of UK-based service provider executives, analyzes these organisations’ ability to defend against and respond to DDoS attacks.

In today’s Internet-driven businesses, any service degradation or outage caused by a DDoS attack can have a detrimental impact on brand, customer loyalty and ultimately, the bottom line. In seeking to understand how data centre, hosting, network services and Internet service providers are responding to the DDoS threat, Megabuyte sought the view of providers on the impacts of, and attitudes towards, DDoS attacks and the available mitigation strategies. Key findings gathered through conversations with a broad spectrum of C-level executives within these organisations include:

  • 89 percent of providers participating in this study feel responsible for implementing DDoS protection, both for the protection of their customers and their own protection, despite the fact that they believe customers are impacted by DDoS to a greater extent than their own networks.
  • DDoS mitigation tools are helping to detect DDoS attacks, but customer complaints about service issues remain one of the main indicators for service providers that an attack is underway. Nearly half of participants experiencing an attack in the last year cited this as the primary means of notification.
  • More than 80 percent of participants have expressed that DDoS defences are either more important or of equal importance compared to other types of security defences, for both themselves and their customers.

Philip Carse, Partner and Principal Analyst with Megabuyte states, “The frequency and overall awareness of DDoS attacks are on the rise, and the majority of the individuals we have spoken with indicate that they are now, more than ever, questioning their current DDoS defence initiatives and strategies to protect not only their own business, but their customers’ businesses as well.”

Fueling the apparent increase in the scale and sophistication of DDoS attacks is the criminal monetisation of the DDoS attack method, or the concept of utilizing DDoS as a distraction for the launch of a larger exploit or breach within the target victim’s organisation. This means that a wider spectrum of businesses stand to suffer in the future as they become victims of this trend, and in turn, companies and government organisations are calling on their service providers for help in combating these malicious DDoS attacks.

“While this survey focused on UK-based providers, I am confident that we would see similar results around the globe – DDoS attacks do not recognise geographical boundaries,” said Ashley Stephenson, CEO, Corero Network Security. “The findings in this report strongly underscore the importance of including a First Line of Defense against DDoS attacks as a vital component of your network security architecture. With comprehensive visibility into the DDoS-related security events taking place on your network and the ability to respond in real-time to block them, you are proactively protecting your customers from one more category of damaging cyber threats directed at your network and their services.”

You may access your complimentary copy of the Megabuyte report, Security in the data centre: DDoS impact, awareness & attitudes here.

About Megabuyte

Megabuyte is an independent research provider, tracking the corporate and financial affairs of some 1,000 of Europe’s key public and private companies in the ICT Services and Software sectors. Megabuyte’s founder, Ian Spence, is one of the UK technology sector’s most established and respected financial analysts and was recently recognized by Debrett’s and The Sunday Times as one of the 20 most influential people in the UK technology sector. Visit www.megabuyte.com for further information.

About Corero Network Security

Corero Network Security, an organization’s First Line of Defense® against DDoS attacks and cyber threats, is a pioneer in global network security. Corero products and services provide Online Enterprises, Service Providers, Hosting Providers and Managed Security Service Providers with an additional layer of security capable of inspecting Internet traffic and enforcing real-time access and monitoring policies designed to match the needs of the protected business. Corero technology enhances any defense-in-depth security architecture with a scalable, flexible and responsive defense against DDoS attacks and cyber threats before they reach the targeted IT infrastructure allowing online services to perform as intended. For more information, visit www.corero.com.

Contacts

Megabuyte Forum Media Contact
Alison Spence, 0118 948 5858
or
Corero Media Contact
W2 Communications
Christy Pittman, 703-877-8108
Christy@w2comm.com

Release Summary

Corero Network Security and Megabuyte announce the findings of the 2014 report "Security in the Data Centre: DDoS Impact, Awareness & Attitudes."

Contacts

Megabuyte Forum Media Contact
Alison Spence, 0118 948 5858
or
Corero Media Contact
W2 Communications
Christy Pittman, 703-877-8108
Christy@w2comm.com