Radware's Annual Global Application & Network Security Report Warns of Increased Severity and Sophistication in DoS/DDoS

Radware's Annual Global Application & Network Security Report Warns of
Increased Severity and Sophistication in DoS/DDoS Attacks

Organizations at Greater Risk in 2014 as Attackers Develop Faster Responses to
New Mitigation Tools, Resulting in Detrimental Service Degradation and Outages

MAHWAH, N.J., Jan. 27, 2014 (GLOBE NEWSWIRE) -- Radware^®(Nasdaq:RDWR), a
leading provider of application delivery and application security solutions
for virtual and cloud data centers, today announced the release of its 2013
Global Application and Network Security Report. The annual report indicates
that Distributed Denial of Service (DDoS) attacks will continue to be a
serious issue in 2014 – as attackers become more agile and their tools become
more sophisticated. In 2013, increasingly widespread DDoS attacks have led to
detrimental service outages and service degradation, critically impacting
revenue, overall customer satisfaction and brand perception. The report also
reveals that attackers have become faster in defeating newly deployed
mitigation tools.

Radware's Emergency Response Team (ERT), which actively monitors and mitigates
attacks in real-time, developed the report - delivering an important analysis
of DoS/DDoS attacks from both an enterprise and technical perspective, and
provides best practices to inform and help organizations combat network
assaults. The 2013 report was compiled using data from over 300 cases handled
by Radware's ERT in 2013, a vendor-neutral security industry survey conducted
by the ERT, and the newly added Executive Survey consisting of personal
interviews with 15 high-ranking security executives.

"Our report indicates that DoS/DDoS attacks have increasingly become the tool
of choice for cyber-hackivists groups and will continue to wreak havoc on
organizations," says Avi Chesla, chief technology officer at Radware.
"Eighty-seven percent of our respondents encountered service level issues from
these style of attacks. The negative impact of a service outage is already
understood, but even small instances of service degradation can have harmful,
lasting effects on an organization's brand image, customer satisfaction and
ultimately its bottom line."

Key findings from the report include:

  *Service Degradation is Enough to Interrupt Business. Sixty percent of
    survey respondents stated they experienced service degradation due to
    attacks in 2013. While it might not seem as detrimental as a complete
    shutdown, studies show that 57 percent of online consumers will abandon a
    site after waiting three seconds for a page to load and 80 percent of
    those people will not return. For service-based organizations, this can
    result in immediate revenue loss.
    
  *Attackers (Quickly) Strike Back. Attackers are increasingly adapting and
    defeating new defense protocols implemented by organizations through the
    use of new attack vectors. Using HTTP flood attacks and tools like "Kill'
    em All," attackers are dramatically shortening the mitigation cycle –
    sometimes to a matter of hours after resources have been deployed.
    
  *DoS/DDoS Attacks Leave a Path of Destruction. While powerful attacks
    occurred in 2011 and 2012, the overall intensity of the attacks and the
    percentage of such attacks with high risk have increased over the last
    several years. DDoS attacks increased in severity by 20 percent in 2013,
    according to Radware's DoS/DDoS Risk Score assessment.
    
  *The Industry 'Hit List' Expands. The financial services industry joins
    government organizations as the sectors with the highest risk of attacks.
    Risk for financial services increased due to hacktivist groups performing
    DDoS attacks – like the continuation of Operation Ababil and those on
    several BitCoin exchanges – not only for destructive purposes, but also to
    simultaneously mask other intrusions leading to fraudulent activities.
    Risks of attacks to web hosting companies and Internet Service Providers
    also increased in 2013.
    
  *New Attack Vectors, One Dangerous Commonality. Survey results showed that
    DNS attacks are now the second most frequent attack vector organizations
    are fighting, behind DoS/DDoS. These are appealing to attackers due to
    their ability to generate massive traffic with limited resources and
    multi-layer architecture that makes tracing the assailants nearly
    impossible. In addition to DNS attacks, other attack vectors also emerged
    as significant issues for organizations. Encrypted application-based
    attacks made up 50 percent of all web attacks. Web application login pages
    were hit on a daily basis for 15 percent of organizations.

"Attacks in 2014 are not slowing down. In fact, organizations need to take
action now to prepare their networks – particularly in the financial and
government sectors," added Chesla. "The results of this report are a call to
action, and the best way to fight back against cyber attacks is to be prepared
and engage the support of cyber security experts."

Radware's ERT recommends the following steps to anticipate and mitigate
attacks:

  *Speed up mitigation time. Organizations need to ensure that they can
    detect attacks and deploy mitigation solutions in the shortest time
    possible.
  *Prepare blanket coverage. With multi-vector DoS/DDoS attacks becoming more
    prevalent, organizations need to invest in wider attack coverage that can
    detect and protect against attacks of any type and size.
  *Establish a single point of contact. Having either an internal security
    team employed with DoS/DDoS experts or an external emergency response team
    who can help choose the correct mitigation options is crucial for
    organizations in case of an attack.

To download the complete 2013 Global Network & Application Security Report,
which includes the ERT's recommendations for how organizations can best
prepare for mitigating cyber threats in 2014, please visit
www.radware.com/ert-report-2013.

Additional Resources

Blog post: http://blog.radware.com/security/2014/01/2013-ddos-market-review/

Infographic:
http://www.slideshare.net/Radware/radware-ert-networksecurity2013ddos

About the Radware Emergency Response Team (ERT)

Radware's ERT is a group of dedicated security consultants who are available
around the clock.As literal "first responders" to cyber attacks, Radware's
ERT members gained their extensive experience by successfully dealing with
some of the industry's most notable hacking episodes, providing the knowledge
and expertise to mitigate the kind of attack a business's security team may
never have handled.Through the report, the ERT reveals how their
in-the-trenches experiences fighting cyber attacks provide deeper forensic
analysis than surveys alone or academic research.

About the 2013 Global Network & Application Security Report

Radware's annual Global Application & Network Security Report provides insight
into network security trends with a specific focus on DoS/DDoS attacks.
Intended for the entire security community, this research is designed to
deliver a comprehensive and objective summary of network security events and
DoS / DDoS attacks that took place in 2013, with an analysis of attack types,
trends and mitigation technologies.Altogether, the report draws its
information from three sources: Radware's Security Survey, Radware's Security
Executive Survey and key security cases from Radware's Emergency Response
Team.

About Radware

Radware (Nasdaq:RDWR), is a global leader of application delivery and
application security solutions for virtual and cloud data centers. Its
award-winning solutions portfolio delivers full resilience for
business-critical applications, maximum IT efficiency, and complete business
agility. Radware's solutions empower more than 10,000 enterprise and carrier
customers worldwide to adapt to market challenges quickly, maintain business
continuity and achieve maximum productivity while keeping costs down. For
more information, please visit www.radware.com.

Radware encourages you to join our community and follow us on; LinkedIn,
Radware Blog, Twitter, YouTube, Radware Connect app for iPhone^® and our new
security center DDoSWarriors.com that provides a comprehensive analysis on
DDoS attack tools, trends and threats.

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