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Pin to quick picksCorero Network Regulatory News (CNS)

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Annual DDoS Threat Intelligence Report

17 May 2023 07:00

RNS Number : 6348Z
Corero Network Security PLC
17 May 2023
 

 

17 May 2023

Corero Network Security plc

("Corero", or "the Company")

 

Publication of Annual DDoS Threat Intelligence Report

 

Corero's 2023 Report Demonstrates Significant Rise in Carpet Bomb DDoS Attacks

 

75%

DDOS ATTACKS

LAST LESS THAN 10

MINUTES

25%

INCREASE IN HIGH PACKET RATE DDOS ATTACKS

300%

INCREASE IN CARPET BOMB DDOS ATTACKS

60%

INCREASE IN DDOS ATTACKS LASTING OVER 60 MINUTES

27%

LIKELIHOOD OF A REPEAT ATTACK IN SAME WEEK

98%

DDOS ATTACKS LESS THAN 10 GBPS

Corero Network Security plc (AIM: CNS), a leading provider of Distributed Denial of Service ("DDoS") protection solutions, has published its annual DDoS Threat Intelligence Report, which reveals a 300% increase year-on-year in carpet bomb1 DDoS attacks.

The report, based on data from Corero customers worldwide, examines attack vectors, sizes, and attacker tools and techniques. Corero's study emphasises the need for proactive DDoS protection due to the evolving threat landscape, with DDoS threats continuing to grow in both volume and sophistication.

Key report findings:

· 300% increase in carpet bomb attacks in 2022 compared to 2021. Legacy detection techniques often fail to accurately identify these attacks, leading to incomplete mitigation or false positives.

· Over seven times as many Mirai-like DDoS attacks in 2022 than in 2021. These botnet attacks are difficult to mitigate and can cause significant damage to businesses.

· DDoS attacks targeting Domain Name System ("DNS") services doubled from 2020 to 2022. This attack vector has grown in popularity as an easy way for attackers to disrupt communications to and from websites, internet-connected devices, and applications.

 

Download the full 2023 DDOS Threat Intelligence Report at https://corero.com/threat.

 

Ashley Stephenson, Chief Technology Officer of Corero, commented:

"We're witnessing significant changes in the global DDoS attack landscape, with increased attack volume, frequency, and variation. The exponential rise of carpet bomb attacks presents a triple threat as they evade, neutralise, or overload traditional DDoS protections."

1 Carpet bomb attacks, also known as spread-spectrum or spray attacks, distribute traffic across large IP address spaces, challenging standard victim-oriented detection and mitigation techniques.

 

Enquiries:

 

Corero Network Security plc

Tel: +44(0) 20 7390 0230

Phil Richards, Chief Financial Officer

Canaccord Genuity Limited 

(Nominated Adviser and Broker)

Simon Bridges / Andrew Potts / Harry Rees

Tel: +44(0) 20 7523 8000

 

Vigo Consulting

Tel: +44(0) 20 7390 0230

Jeremy Garcia / Kendall Hill

corero@vigoconsulting.com

 

About Corero Network Security

Corero Network Security is a leading provider of Distributed Denial of Service (DDoS) protection solutions. We are specialists in automatic detection and mitigation solutions, that include network visibility, analytics, and reporting tools. Corero's technology provides scalable protection capabilities against both external DDoS attackers and internal DDoS threats, in even the most complex edge and subscriber environments, ensuring internet service availability and uptime. Corero's key operational centers are in Marlborough, Massachusetts, USA, and Edinburgh, UK, with the Company's headquarters in London, UK. The Company is listed on the London Stock Exchange's AIM market under the ticker CNS. For more information, visit www.corero.com .

 

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NRADZGMKVVLGFZM
Date   Source Headline
14th Jul 20107:19 amPRNDisposal, fund raising and directorate change
12th Jul 20107:00 amPRNAdviser - Change of Name
19th May 20102:41 pmPRNResult of AGM
11th May 20107:00 amRNSContract Win
21st Apr 20107:00 amRNSContract Win
30th Mar 20107:00 amPRNHolding(s) in Company
26th Mar 20107:00 amPRNFinal Results
19th Mar 20107:00 amRNSContract Win
26th Jan 20107:00 amPRNTrading Statement
16th Oct 20097:00 amPRNMajor Contract Extension
15th Oct 20097:01 amPRNNOMAD Change of Name
18th Sep 20091:39 pmPRNDirector/PDMR Shareholding
17th Sep 20097:00 amPRNHalf-yearly Report
30th Jun 20094:03 pmPRNTotal Voting Rights
29th Jun 20093:27 pmPRNResult of Meeting
4th Jun 20097:00 amPRNAmendment to the CULS and Capital Reorganisation
26th Mar 20097:00 amPRNFinal Results
20th Jan 20097:00 amPRNTrading Statement
8th Aug 20087:00 amPRNHalf-yearly Report
21st May 20083:33 pmRNSResults of Meeting
19th May 20082:02 pmPRNDirectorate Change
31st Mar 200811:58 amPRNGrant of Options
25th Mar 20085:09 pmPRNDirector/PDMR Shareholding
20th Mar 20087:00 amPRNFinal Results
23rd Nov 20074:24 pmPRNDirector/PDMR Shareholding
23rd Nov 20077:00 amPRNTrading Statement and Board Changes
6th Nov 200710:52 amPRNHolding(s) in Company
6th Nov 20077:01 amRNSNew Contract for Blue Curve
27th Sep 20077:01 amRNSInterim Results
24th Sep 200710:30 amPRNChange of Registered Office
14th Aug 20077:01 amRNSContract Win
10th Aug 20073:39 pmPRNAIM Rule 26
2nd Aug 20077:02 amRNSContract Wins
27th Jul 200712:52 pmPRNDirector/PDMR Shareholding
26th Jul 20077:00 amPRNDirectorate Change and Trading Update
9th Jul 20074:35 pmPRNHolding(s) in Company
3rd Jul 20077:01 amRNSContract win
24th May 20072:50 pmPRNResult of AGM
30th Apr 20073:57 pmPRNTotal Voting Rights
25th Apr 20073:47 pmPRNHolding(s) in Company
24th Apr 200710:02 amPRNHolding(s) in Company
23rd Apr 20073:23 pmPRNHolding(s) in Company
3rd Apr 20075:25 pmPRNIssue of Equity
29th Mar 20077:01 amRNSFinal Results
27th Feb 200710:59 amPRNResult of EGM
2nd Feb 20073:34 pmRNSFurther re Change of Name
18th Jan 20077:01 amRNSChange of Name
12th Jan 20079:41 amPRNHolding(s) in Company
3rd Jan 20077:00 amRNSContracts, Trading Update
22nd Dec 200610:41 amPRNTotal Voting Rights

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