According to a new report released on Monday, India is among the top three Asian countries which has experienced the highest cost of DNS (Domain Name System) attacks in 2021 to date, with approximately 90% of organizations globally experiencing DNS attacks and the average cost of each attack being around $950,000.
Asia had a 15% increase in the average cost of a DNS attack, with a total cost of $908,140, up from $792,840 the year before.
According to the report by EfficientIP, a leading provider of network security and automation solutions, countries that had substantial increases in damages included Malaysia, which experienced a 78% increase, the sharpest increase, and India, which experienced a 32% increase from the previous year.
According to the report, which was produced in partnership with IDC, organizations across all industries had an average of 7.6 attacks this past year as a result of the pandemic.
Around a quarter of businesses have been hit by a DNS attacks exploiting cloud misconfiguration, with nearly half of businesses (47%) experiencing cloud service outages as a result of DNS attacks.
The survey report on cyber threats, now in its 7th year, also discovered a significant increase in data theft via DNS, with 26% of organizations reporting sensitive customer information stolen, up from 16% in the Threat Report for 2020.
Commenting on the report, Ronan David, VP of Strategy for EfficientIP, said “As workers look to more permanently transition to off-premise sites, making use of cloud, IoT, edge and 5G, companies and telecom providers should look to DNS for a proactive security strategy,”
Phishing (49% of organizations experienced phishing attempts), malware-based attacks (38%), and traditional DDoS attacks (29%), all grew in popularity this year.
Romain Fouchereau, Research Manager European Security at IDC, said “While it is positive that companies want to use DNS to protect their increasingly remote workforces, organizations are continuing to suffer the costly impacts of DNS attacks,”