Cybersecurity threats are evolving, and Distributed Denial of Service (DDoS) attacks are a significant risk. Did you know – The typical cost of a DDoS attack is $52,000 for small-to-medium-sized businesses and $444,000 for larger enterprises. No organization would want that, right?
On the same context, this article raises awareness about DDoS attacks and aims to introduce DDOT, an AI-based cybersecurity solution by TheCodeWork. Join the waiting list for early access to protect your digital assets.
But, What is a DDoS Attack?
A DDoS attack disrupts a targeted server, service, or network by overwhelming it with internet traffic from multiple sources. This makes it hard to stop the attack by blocking a single source, preventing legitimate users from accessing the service and causing financial and reputational damage.
The Rising Threat of DDoS Attacks
DDoS attacks are becoming more common and sophisticated. Here are some updated statistics:
- Massive Growth: DDoS attacks increased by 950% from 2013 to 2023, with incidents rising from approximately 350,000 in Q1 2013 to over 3.3 million in Q1 2023.
- Frequent Attacks: Organizations mitigated 35.7 attacks per day on average during Q1 2023, a significant increase from previous years.
- Industry Targets: The finance and telecommunications sectors account for a combined 65% of all DDoS targets.
- Ransomware Connections: Ransomware groups like BlackCat, REvil, Suncrypt, and AvosLocker increasingly use DDoS attacks as part of their extortion tactics.
- Global Reach: A single DDoS attack can involve attack nodes spread across multiple countries.
- High Costs: The average cost per incident of a DDoS attack is now $65,000 for small-to-medium-sized businesses and $500,000 for enterprises.
Why DDoS Attacks are Effective?
DDoS attacks exploit the fundamental principles of internet connectivity and traffic. By using compromised devices (often part of a botnet), attackers generate massive volumes of traffic that overwhelm the target’s infrastructure. This method is simple yet powerful, making it a preferred tool for cybercriminals.
Introducing DDOT: The AI Solution by TheCodeWork
In response to the growing threat of DDoS attacks, TheCodeWork is launching DDOT, an AI-based cybersecurity solution designed to protect against these attacks. Here’s how DDOT stands out:
- Real-time Detection and Mitigation: DDOT uses AI algorithms to detect unusual traffic patterns in real time, allowing for immediate response to mitigate attacks.
- Predictive Analytics: By analyzing historical data, DDOT can predict potential threats and proactively implement defensive measures.
- Scalable Protection: Whether you are a small business or a large enterprise, DDOT scales to meet your needs, ensuring robust protection.
- Automated Responses: DDOT’s AI-driven system can autonomously implement countermeasures, reducing the need for manual intervention and ensuring faster response times.
- Comprehensive Reporting: Users receive detailed reports on attacks, including sources, traffic patterns, and mitigation actions, helping organizations understand and improve their security posture.
Join the Waiting List for Early Access
Cyber threats continue to evolve, so staying ahead of attackers is crucial. DDOT by TheCodeWork offers a cutting-edge solution to protect your digital assets from DDoS attacks. Don’t miss the opportunity to be among the first to experience this protection.
Join the exclusive waiting list for early access to DDOT. Sign up today and equip your organization with AI-powered cybersecurity.
Secure your spot for early access to DDOT and protect your business from DDoS attacks.
