HomeContributing AuthorsProviders call whether to pay or not to pay

    Providers call whether to pay or not to pay

    Threat research centers have been issuing several alerts on a global ransom DDoS campaign targeting finance, travel and e-commerce. With the proliferation of DDoS-for-Hire tools  economics favor the attackers who can easily launch massive DDoS attacks to extort organizations that generate their revenues online.

    The ransom fee is typically set between 1 to 10 BTC, depending on the organization’s revenue scale (10 BTC is equivalent to $113K). How is the ransom calculated? It’s not a random value; it represents the investment in proper defense against DDoS attacks.

    All  about the Provider

    The question–to pay or not to pay–goes back to another question: who is your DDoS mitigation provider? If you are paying up to $1,000 per month to protect against DDoS attacks, you are paying it to a provider who assumes that you are rarely attacked and mainly looks for an “insurance-level” protection. If you are paying $10,000 per month (assuming your internet traffic is above 1Gbps), then your provider assumes you are constantly targeted by attackers.

    So, what is the difference between the $1K provider and the $10K provider, and how is it relevant to the ransom DDoS campaign?

    The $1K providers offer DDoS protection for companies that would rarely be attacked. Their infrastructure is designed for sporadic attack events, limited mitigation capacity and basic SOC. Why basic? Because when you handle infrequent attacks you cannot grow expertise on par with attack techniques and advancements.

    The $10K providers offer DDoS protection for companies that are under constant attack, and their business is sensitive to service degradation or outages. Their infrastructure is designed for high volume attack mitigation and their SOC handles attacks on a daily basis – which makes them real experts in what they do.

    To Pay or Not to Pay?

    Now the answer is quite simple: if you have partnered with an experienced DDoS mitigation provider, you are safe to ignore the ransom letters. Furthermore, paying the ransom demand will only incentivize the malicious actors to continue their campaign

    By Nikhil Taneja, Vice President & Managing Director - India , SAARC , Middle East & GSI at Radware
    By Nikhil Taneja, Vice President & Managing Director – India , SAARC , Middle East & GSI at Radware
    ELE Times Bureau
    ELE Times Bureauhttps://www.eletimes.ai/
    ELE Times provides a comprehensive global coverage of Electronics, Technology and the Market. In addition to providing in depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build awareness, drive traffic, communicate your offerings to right audience, generate leads and sell your products better.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Related News

    Must Read

    Tobii and STMicroelectronics enter mass production of breakthrough interior sensing technology

    Tobii and STMicroelectronics announced the beginning of mass production...

    Rohde & Schwarz unveils compact MXO 3 oscilloscopes with 4 and 8 channels

    Rohde & Schwarz expands its next-generation MXO oscilloscope portfolio...

    TI’s new power-management solutions enable scalable AI infrastructures

    Texas Instruments (TI) debuted new design resources and power-management...

    ESA awards Rohde & Schwarz for contributions to 30 years European Satellite Navigation

    The event brought together institutional and industrial partners, ESA...

    STMicroelectronics joins FiRa board, strengthening commitment to UWB ecosystem and automotive Digital Key adoption

    STMicroelectronics, a global semiconductor leader serving customers across the...

    STARLight Project chosen as the European consortium to lead in next-gen silicon photonics on 300 mm wafers

    The STARLight project is bringing together a consortium of leading...

    KYOCERA AVX RELEASES NEW KGP SERIES STACKED CAPACITORS

    KYOCERA AVX released the new KGP Series commercial-grade stacked...

    Microchip Unveils First 3 nm PCIe Gen 6 Switch to Power Modern AI Infrastructure

    Switchtec Gen 6 PCIe Fanout Switches deliver extra bandwidth,...

    Nuvoton Launches Arbel NPCM8mnx System-in-Package (SiP) for AI Servers and Datacenter Infrastructure

    Breakthrough BMC Innovation Powers Secure, Scalable, and Open Compute...