DDoS Attacks Surge 56% in 2024: Tech Sector Hit Hard, Financial Services Face 117% Increase

February 11, 2025
DDoS Attacks Surge 56% in 2024: Tech Sector Hit Hard, Financial Services Face 117% Increase
  • This trend towards shorter attacks may be a strategic adaptation by attackers, who are increasingly using brief assaults as smokescreens for more damaging operations, such as ransomware.

  • Experts, including Andrey Slastenov from Gcore, stress the urgent need for businesses to invest in DDoS detection and mitigation strategies to protect against potential financial and reputational damage.

  • Despite being the most attacked sector, the gaming industry experienced a 31% reduction in DDoS incidents, dropping from 49% to 34% of total attacks, thanks to improved defenses.

  • The financial services sector has faced a dramatic rise in DDoS attacks, now accounting for 26% of total incidents, a significant increase from 12%, reflecting a 117% surge.

  • DDoS attacks are evolving, becoming shorter yet more intense, with the longest recorded attack lasting just five hours, down from sixteen hours earlier in 2024.

  • Technological factors, including the availability of DDoS-for-hire services and the proliferation of IoT vulnerabilities, are contributing to the rising frequency of these attacks.

  • The technology sector has seen its share of DDoS attacks surge from 7% to 19%, as attackers increasingly target its critical infrastructure for potential widespread disruption.

  • Gcore's DDoS Radar report for the latter half of 2024 reveals a staggering 56% year-on-year increase in DDoS attacks, with the largest attack peaking at an unprecedented volume of 2 Tbps.

  • Regions such as the U.S. and the Netherlands are significant sources of DDoS attack traffic, with Brazil emerging as a growing hub for network-layer attacks.

  • Network-layer attacks, particularly UDP floods, dominate the landscape, accounting for 60% of total attacks, while ACK flood attacks are also on the rise, complicating mitigation efforts.

  • Geopolitical tensions are shaping the nature and targets of DDoS attacks, particularly against financial services and critical infrastructure.

  • Southeast Asia is also witnessing increased DDoS activity, with Indonesia reporting an 8% rise in application-layer attacks.

Summary based on 4 sources


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Sources


Gcore DDoS Radar Reveals 56% YoY Increase in DDoS Attacks


Gcore Radar report reveals 56% year-on-year increase in DDoS attacks

Hackread - Latest Cybersecurity, Tech, Crypto & Hacking News • Feb 11, 2025

Gcore Radar report reveals 56% year-on-year increase in DDoS attacks

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