Security News > 2020 > June > Average cost of DNS attacks hovering around $924,000

79% of organizations experienced DNS attacks, with the average cost of each attack hovering around $924,000, according to EfficientIP. The 2020 Global DNS Threat Report, conducted in collaboration with IDC, shows that organizations across all industries suffered an average 9.5 attacks this year.

In terms of regional damage from DNS attacks, North America leads the way with the average cost of attack at $1,073,000.

Despite these worrying numbers, enterprise awareness of how to combat these attacks is improving: 77% of respondents in the 2020 Threat Report deemed DNS security a critical component of their network architecture, compared to 64% in the previous year.

Use of predictive analytics has increased from 45% to 55%. "Recognition of DNS security criticality has increased to 77% as most organizations are now impacted by a DNS attack or vulnerability of some sort on a regular basis," says Romain Fouchereau, Research Manager European Security at IDC. "The consequences of such attacks can be very damaging financially, but also have a direct impact on the ability to conduct business. Ensuring DNS service availability and integrity must become a priority for any organization."

35% of organizations do not make use of internal DNS traffic for filtering, and only 12% collect DNS logs and correlate through machine learning.

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