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.

Related News

Must Read

Bosch and Qualcomm expand collaboration to strategic ADAS solutions

Cockpit Computers: 10 million units delivered • High-performance solutions: Bosch...

Gartner Forecasts Worldwide Semiconductor Revenue to Exceed $1.3 Trillion in 2026

Semiconductor Revenue to Grow 64% in 2026 DRAM...

Directed Energy Systems: Where Capability Ends and Control Begins

by Sukhendu Deb Roy, Industry Consultant Key Takeaways The economics...

Boundary scan in combination with automotive applications for CAN-FD and LIN bus

Serial communication remains the backbone of electronic communication in...

Why Every EV & 5G Phone Could Soon Be Powered by Gujarat

In a move that cements India’s transition from a...

WSCAD ELECTRIX AI Cuts 50% Engineering Effort For Alligator Automations

Alligator Automations India Pvt. Ltd., a manufacturer of end-of-line...

Govt Infuses ₹258 Crore Into 128 Startups to Drive DeepTech and IP Creation

In a major move to solidify India's standing as...