DDoS attacks surge by 82% as IoT & AI fuel threats

A report by Zayo Group reveals that DDoS attacks surged by 82% from 2023 to 2024, rising from 90,000 to 165,000 incidents. The increase is attributed to the growing use of IoT devices and AI-driven attack methods. Telecommunications remained the most targeted sector, accounting for 42% of attacks, while finance saw the highest growth, doubling its share to 7%. The healthcare sector faced a 223% increase, and manufacturing experienced a 257% surge in attack size. The average attack costs businesses $234,000 per incident, with attackers strategically timing disruptions. The rise of DDoS-as-a-Service is expected to further escalate cyber threats, emphasizing the need for stronger mitigation measures.

https://securitybrief.co.nz/story/ddos-attacks-surge-by-82-as-iot-ai-fuel-threats