DDoS Attacks Skyrocket and Hacktivist Activity Surges Threatening Critical Global Infrastructure According to NETSCOUT’s 1H2024 Threat Intelligence Report
NetScout Systems, Inc. (NTCT)
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Source: Business Wire
Hacktivists Escalate Sophisticated, Multi-Vector Assaults on Banking and Financial Services, Government, and Utilities WESTFORD, Mass.--(BUSINESS WIRE)--NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) today released findings from its 1H2024 DDoS Threat Intelligence Report, citing a dramatic 43% increase in the number of application-layer attacks and a 30% increase in volumetric attacks, especially in Europe and the Middle East. Attack duration varied with 70% lasting less than 15 minutes. The escalation of attacks involves a range of threat actors, including hacktivists targeting critical infrastructure in the banking and financial services, government, and utilities sectors. These attacks pose significant threats by disrupting vital civilian services in countries that oppose hacktivists’ ideologies. Key industries, already facing frequent and intense multi-vector attacks, experienced a 55% increase over the past four years.“Hacktivist activities continue to plague global organizations with
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News
- NETSCOUT Leverages AI/ML to Guard Critical IT Infrastructure and Minimize Business RiskBusiness Wire
- NetScout Systems, Inc. (NASDAQ: NTCT) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Returns Are Gaining Momentum At NetScout Systems (NASDAQ:NTCT) [Yahoo! Finance]Yahoo! Finance
- Arelion Expands Partnership with NETSCOUT to Enhance Enterprise DDoS Mitigation CapabilitiesBusiness Wire
- NETSCOUT Announces Participation in Upcoming Investor EventsBusiness Wire
NTCT
Earnings
- 10/24/24 - Beat
NTCT
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/13/24 - Form 4
- 11/12/24 - Form 144
- NTCT's page on the SEC website