Business

Radware’s First Half 2024 Report: Web DDoS Attacks Climb 265%

Worldwide geopolitical tensions drive attacks with emphasis on the application infrastructure News HighlightsIn the first half of 2024: Application-Layer DNS

articleRadware Ltd.August 15, 20244/company/radware-ltd/news/radwares-first-half-2024-report-web-ddos-attacks-climb-265-2024-08-15
Radware’s First Half 2024 Report: Web DDoS Attacks Climb 265%

About this update from Radware Ltd.

[{"type":"text","content":"Worldwide geopolitical tensions drive attacks with emphasis on the application infrastructure News HighlightsIn the first half of 2024: Application-Layer DNS DDoS attack activity quadruples compared to the first half of 2023North American online applications and APIs shoulder 66% of web attacksEMEA organizations face more than 90% of web DDoS attacksFinance organizations experience 44% of network-layer DDoS attacksThe average number of Pro-Russian attacks targeting Ukraine doubles compared to the average number in 2023 MAHWAH, N.J., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, released its H1 2024 Global Threat Analysis Report. “During the first half of 2024, high-intensity, volumetric attacks surged, marked by a growing emphasis on the application infrastructure,” said Pascal Geenens, Radware’s director of threat intelligence. “World-wide geopolitical tensions, including conflicts in Europe and the Middle East, as well as international events, like country elections, Eurovision, UEFA Euro, and the Olympics, continue to drive malicious activity. In the back half of the year, we expect attacks to continue to climb, as more threat actors adopt AI technology democratized through increasingly powerful and publicly available large language models. The gravity of the upcoming election in the United States and concerns over decelerating financial markets are also set to fuel cyber disruption.” Radware’s report leverages intelligence provided by network and application attack activity sourced from the company’s Cloud and Managed Services and threat intelligence research team. In addition, it draws from information found on Telegram, a public messaging platform often used by cybercriminals. Web DDoS attacks climb more than 200% Web DDoS attacks made significant gains in frequency and intensity. Number of attacks: In the first half of 2024, Web DDoS attacks surged globally 265% compared to the second half of 2023.Geographic targets: Organizations in EMEA were the primary target of Web DDoS attacks between January and June of 2024, shouldering more than 90% of the attacks. Recently, Radware reported a record-breaking six-day Web DDoS attack campaign, targeting a financial institution. It consisted of multiple waves, which lasted 4- to...

More updates from Radware Ltd.