Phone : +91 95 8290 7788 | Email : sales@itmonteur.net

Register & Request Quote | Submit Support Ticket

Home » Cyber Security News » Report, IT Security News, ET CISO

Report, IT Security News, ET CISO

Report, IT Security News, ET CISO


India saw a 3000% increase in cyber attacks on application programming interfaces in the July-September quarter, according to a new report.

Focused distributed denial of service (DDoS) attacks were 85% more frequent than those on websites, highlighting the heightened risk landscape for organisations relying heavily on API gateways, cybersecurity company IndusFace said in a quarterly study.

There were 1.2 billion attacks detected during the quarter, including 271 million API attacks.

An API is a set of rules that allow software applications to communicate and interact with each other.

About 377 million DDoS incidents and 215 million bot attacks were detected. This marked a 145% year-over-year increase in bot activity, with DDoS attacks affecting 60% of websites and bot-driven threats impacting 90%, the report said.

“Attackers have traditionally targeted industries using various methods like DDoS attacks and bots. However, we’re now witnessing an evolution in their tactics, with a focus on exploiting websites and APIs using diverse attack vectors,” said Ashish Tandon, founder and CEO of Indusface.

Tandon added that the rise of large language models has significantly lowered the barrier for executing vulnerability attacks, and the study found triple-digit growth in such incidents.

“Alarmingly, over 30% of critical and high-severity CVSS (common vulnerability scoring system) vulnerabilities remain unpatched even six months after discovery,” he said.

Small and medium-sized businesses (SMBs) suffered a 175% higher rate of DDoS attacks per site compared to their larger counterparts, the report said, attributing this to budget constraints.

SMBs saw 354 million cyber attacks during the quarter.

The report also highlighted that the banking, financial services, and insurance (BFSI) sector faced double the industry average in bot attacks, with financial data increasingly targeted for theft and fraud.

Further, every healthcare site experienced bot attacks, exposing significant risks of credential abuse and data theft.

In retail and ecommerce, bot-driven attacks led to a 50% higher rate of vulnerability exploitation compared to DDoS attacks, indicating a broad spectrum of cyber threats, the study found.

Meanwhile, the frequency of attacks in the power and energy sector quadrupled. This was attributed to attackers exploiting lesser-regulated sectors for ransom-focused intrusions.

  • Published On Dec 10, 2024 at 09:32 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETCISO App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App

Information Security - InfoSec - Cyber Security - Firewall Providers Company in India

 

 

 

 

 

 

 

 

 

 

 

 

What is Firewall? A Firewall is a network security device that monitors and filters incoming and outgoing network traffic based on an organization's previously established security policies. At its most basic, a firewall is essentially the barrier that sits between a private internal network and the public Internet.

 

Secure your network at the gateway against threats such as intrusions, Viruses, Spyware, Worms, Trojans, Adware, Keyloggers, Malicious Mobile Code (MMC), and other dangerous applications for total protection in a convenient, affordable subscription-based service. Modern threats like web-based malware attacks, targeted attacks, application-layer attacks, and more have had a significantly negative effect on the threat landscape. In fact, more than 80% of all new malware and intrusion attempts are exploiting weaknesses in applications, as opposed to weaknesses in networking components and services. Stateful firewalls with simple packet filtering capabilities were efficient blocking unwanted applications as most applications met the port-protocol expectations. Administrators could promptly prevent an unsafe application from being accessed by users by blocking the associated ports and protocols.

 

Firewall Firm is an IT Monteur Firewall Company provides Managed Firewall Support, Firewall providers , Firewall Security Service Provider, Network Security Services, Firewall Solutions India , New Delhi - India's capital territory , Mumbai - Bombay , Kolkata - Calcutta , Chennai - Madras , Bangaluru - Bangalore , Bhubaneswar, Ahmedabad, Hyderabad, Pune, Surat, Jaipur, Firewall Service Providers in India

Sales Number : +91 95 8290 7788 | Support Number : +91 94 8585 7788
Sales Email : sales@itmonteur.net | Support Email : support@itmonteur.net

Register & Request Quote | Submit Support Ticket