Wave Broadband has launched its DDoS Mitigation service. The cybersecurity business service is available to current and prospective clients of Wave Business to protect networks from distributed denial of service (DDoS) attacks.
Based on Arbor Networks technology, Wave's DDoS Mitigation service monitors all ingress points to the customer company's fiber-optic network in real time. The service is designed to identify and resolve dangerous or malicious traffic within seconds, and to provide customers updates on the resolution. Wave offers the service to clients as a subscription or on a per-event basis.
According to the Kaspersky Lab's annual IT Security Risks Survey, in 2017 33% of businesses reported DDoS attacks - up from 17% in 2016 - across 98 countries. More than half of the companies victimized also reported that DDoS attacks were used as a smokescreen to hide other types of cybercrime like malware, data leaks and financial theft.
According to Forrester, "58% of global security decision makers at enterprise firms reported that they are highly concerned about an IT outage affecting customer-facing systems." Companies experiencing "slow Internet days" can discover they're in the grip of a DDoS attack that is slowly eating away at their systems and costing them lost revenue, employee downtime, and potentially affecting hardware.
"While DDoS attacks are becoming more widely known, oftentimes we see a lack of awareness as to the risk," said Patrick Knorr, executive vice president of Business Solutions with Wave. "The 42% of firms from the Forrester study that aren't concerned assume that their businesses will not be targeted. But more often than not, attackers hit companies at random until they find a vulnerability to exploit. All industries are at risk of these attacks."