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DDoS Attacks Skyrocket and Hacktivist Activity Surges Threatening Critical Global Infrastructure According to NETSCOUT's 1H2024 Threat Intelligence Report [Yahoo! Finance]

NetScout Systems, Inc. (NTCT) 
Last netscout systems, inc. earnings: 1/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.netscout.com
Company Research Source: Yahoo! Finance
WESTFORD, Mass., October 02, 2024 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 more sophisticated and coordinated DDoS attacks against multiple targets simultaneously," stated Ric Show less Read more
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