MAHWAH, N.J., Jan. 27, 2014 (GLOBE NEWSWIRE) -- Radware®(Nasdaq:RDWR), a leading provider of application delivery and application security solutions for virtual and cloud data centers, today announced the release of its 2013 Global Application and Network Security Report. The annual report indicates that Distributed Denial of Service (DDoS) attacks will continue to be a serious issue in 2014 – as attackers become more agile and their tools become more sophisticated. In 2013, increasingly widespread DDoS attacks have led to detrimental service outages and service degradation, critically impacting revenue, overall customer satisfaction and brand perception. The report also reveals that attackers have become faster in defeating newly deployed mitigation tools.
Radware's Emergency Response Team (ERT), which actively monitors and mitigates attacks in real-time, developed the report - delivering an important analysis of DoS/DDoS attacks from both an enterprise and technical perspective, and provides best practices to inform and help organizations combat network assaults. The 2013 report was compiled using data from over 300 cases handled by Radware's ERT in 2013, a vendor-neutral security industry survey conducted by the ERT, and the newly added Executive Survey consisting of personal interviews with 15 high-ranking security executives.
"Our report indicates that DoS/DDoS attacks have increasingly become the tool of choice for cyber-hackivists groups and will continue to wreak havoc on organizations," says Avi Chesla, chief technology officer at Radware. "Eighty-seven percent of our respondents encountered service level issues from these style of attacks. The negative impact of a service outage is already understood, but even small instances of service degradation can have harmful, lasting effects on an organization's brand image, customer satisfaction and ultimately its bottom line."
Key findings from the report include:
"Attacks in 2014 are not slowing down. In fact, organizations need to take action now to prepare their networks – particularly in the financial and government sectors," added Chesla. "The results of this report are a call to action, and the best way to fight back against cyber attacks is to be prepared and engage the support of cyber security experts."
Radware's ERT recommends the following steps to anticipate and mitigate attacks:
To download the complete 2013 Global Network & Application Security Report, which includes the ERT's recommendations for how organizations can best prepare for mitigating cyber threats in 2014, please visit www.radware.com/ert-report-2013.
Additional Resources
Blog post: http://blog.radware.com/security/2014/01/2013-ddos-market-review/
Infographic: http://www.slideshare.net/Radware/radware-ert-networksecurity2013ddos
About the Radware Emergency Response Team (ERT)
Radware's ERT is a group of dedicated security consultants who are available around the clock. As literal "first responders" to cyber attacks, Radware's ERT members gained their extensive experience by successfully dealing with some of the industry's most notable hacking episodes, providing the knowledge and expertise to mitigate the kind of attack a business's security team may never have handled. Through the report, the ERT reveals how their in-the-trenches experiences fighting cyber attacks provide deeper forensic analysis than surveys alone or academic research.
About the 2013 Global Network & Application Security Report
Radware's annual Global Application & Network Security Report provides insight into network security trends with a specific focus on DoS/DDoS attacks. Intended for the entire security community, this research is designed to deliver a comprehensive and objective summary of network security events and DoS / DDoS attacks that took place in 2013, with an analysis of attack types, trends and mitigation technologies. Altogether, the report draws its information from three sources: Radware's Security Survey, Radware's Security Executive Survey and key security cases from Radware's Emergency Response Team.
About Radware
Radware (Nasdaq:RDWR), is a global leader of application delivery and application security solutions for virtual and cloud data centers. Its award-winning solutions portfolio delivers full resilience for business-critical applications, maximum IT efficiency, and complete business agility. Radware's solutions empower more than 10,000 enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity and achieve maximum productivity while keeping costs down. For more information, please visit www.radware.com.
Radware encourages you to join our community and follow us on; LinkedIn, Radware Blog, Twitter, YouTube, Radware Connect app for iPhone® and our new security center DDoSWarriors.com that provides a comprehensive analysis on DDoS attack tools, trends and threats.
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