Why Half of Companies Are Raising Their DDoS Defense Budgets

DDoS attacks are only becoming more destructive, and companies know it: That’s why one-half (49 percent) of the 200+ respondents in the 2018 IDG DDoS Report anticipate their organizations’ DDoS defense budgets to increase.

But why are so many companies willing to invest precious resources on DDoS defense? Let me explain.

Just How Much Are Companies Spending on DDoS Defense?

As mentioned above, 49 percent of companies are planning to increase their DDoS defense spending.

That doesn’t mean, however, that the rest are all planning to decrease their budget. On the contrary, 41 percent say their DDoS defense budget will remain unchanged, with only eight percent saying it will decrease.

Of the 49 percent who plan on increasing their DDoS defense budget, each expects their budget to grow by an average of 24 percent.

This spike in DDoS defense spending isn’t isolated, either: According to a forecast from Gartner, “End-user spending for the information security and risk management market is estimated to grow at a compound annual growth rate of 8.6 percent from 2018 through 2023 to reach $185.2 billion in constant currency.”*

(*Source, Gartner, Inc., “Forecast: Information Security and Risk Management, Worldwide, 2017-2023, 1Q19 Update,” Rustam Malik et al, 17 April 2019.)

While that may seem like a great deal of money to be spending on information security at large, it pales in comparison to the amount of money cybercrime costs companies.

According to predictions from Cybersecurity Ventures, cybercrime damages will reach a staggering $6 trillion by 2021. That’s equivalent to $2 trillion per year for the next three years.

With that in mind, a 24 percent increase in companies’ DDoS defense budgets seems like a small price to pay.

Why Are Companies Spending More on DDoS Protection?

Of course, companies aren’t bolstering their DDoS defense budgets just for the fun of it: DDoS attacks are still becoming larger and more frequent than ever before, and they can be devastating to companies’ profits and productivity.

Just how much are DDoS attacks growing? The IDG DDoS Report discovered that 49 percent of survey respondents reported DDoS attacks of more than 50 Gbps in 2018, while only 10 percent did so in 2015.

DDoS attacks are no longer limited to giant corporations and institutions, either: Companies both small and large are being targeted, with eighty-six percent of survey respondents saying they’ve experienced at least one DDoS attack in the past 12 months.

Knowing this, it makes sense that a growing number of companies are dedicating a larger portion of resources to DDoS protection, whether that means hiring additional employees or purchasing comprehensive DDoS defense solutions.

Although this is certainly a step in the right direction, one question remains: With attackers developing new and more calamitous strategies every day, will it be enough?

To learn more about the current state of DDoS, learn which types of attacks are most common and discover how other companies are defending themselves from today’s threats, read the full IDG DDoS Report for free.


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May 23, 2019

About Ahmad Nassiri

Ahmad Nassiri is the Security Solutions Architect for A10 Networks' eastern region. Mr. Nassiri is responsible for supporting pre-sales efforts of A10 Networks' security solutions portfolio. Mr. Nassiri is also focused on providing visibility to market, trends and developments within the security field to help A10 Networks expand its security solutions offering. Before joining A10 Networks, Mr. Nassiri was a Systems Engineer at Arbor Networks, focusing on network security and monitoring solutions for global networks. In this role, Mr. Nassiri assisted with the pre- and post-sales engineering support to Arbor's Service Provider-focused account teams. Mr. Nassiri has also held Sales/Systems Security Engineering roles with Verisign's Network Intelligence and Availability (NIA) division. During his tenure, he was focused on security intelligence, cloud-based DDoS protection, and Managed DNS services. Earlier, Mr. Nassiri held numerous security and engineering roles with BT Global Services. Mr. Nassiri holds a Bachelor of Science in Information Technology degree from the University of Massachusetts in Lowell. READ MORE