Research shows 25% of all gambling sites were hit by June DDoS attacks

Home » Research shows 25% of all gambling sites were hit by June DDoS attacks

According to recent research conducted by cyber security company Imperva, there is an increase in ‘bookie bots’ – cybercriminals use bots to deploy DDoS attacks on gambling sites in order to disrupt their services or even take them down completely.
According to the study, only 25% of all gambling sites were subjected to DDoS attacks in June.
Imperva stated that if gambling companies do not address the issue of DDoS attacks, they risk losing significant amounts of money as well as public trust. According to the cyber security firm, if a company with a yearly revenue of £1 billion ($1.2 billion) falls victim to a DDoS attack, it could lose up to £115,000 per hour.

The study discovered that cybercriminals wait for major sporting events, such as Wimbledon at the end of June, when DDoS attacks spike and affect 10% of all gambling sites.

Another significant finding of the study was that attackers frequently return for a second round: In the last year, 40% of all gambling sites were attacked, and 80% of them were attacked multiple times. This occurs because once attackers discover that certain sites are vulnerable, they always look to double down and cause additional disruption.

“Businesses need to be able to identify and mitigate a DDoS attack in seconds,” said Yuriy Arbitman, Data Scientist at Imperva.

“Even if they’re only down for twenty or thirty minutes during a major event like Wimbledon or an international tournament like the Euros or World Cup, the revenue loss could be significant.”

“Online businesses require continuous DDoS protection, not just for website domains, but for all APIs, applications, and network infrastructure.”

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