Gcore's DDoS Radar report for Q3-Q4 2024 indicates a dramatic 56% surge in DDoS attacks year-over-year, with the largest peaks reaching an unprecedented 2 Tbps. The financial services sector experienced the highest rise in attacks at 117%, raising alarms for enhanced cybersecurity measures. The report illustrates a concerning trend towards shorter bursts of high-intensity attacks that challenge traditional defense mechanisms. Factors contributing to the rise include easy access to attack tools, vulnerabilities in IoT devices, geopolitical tensions, and evolving attack strategies that complicate mitigation efforts.
The report underscores a 56% rise in DDoS attacks in 2024, particularly highlighting a significant threat to the financial services sector, with a dramatic 117% increase.
With the highest recorded attack surpassing 2 Tbps, the findings indicate a critical need for advanced DDoS protection methods, especially given the security challenges posed by financial institutions.
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