Indian companies suffered the most domain name system attacks in 2020

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NEW DELHI: India recorded the highest number of domain name system or DNS attacks in 2020 with 12.13 attacks per organization, although the cost of attacks in the country fell 6.08% to ??5.97 crore, said International Data Corporation or IDC’s DNS Threat Report.

Overall, the DNS attack rate is 9.5 attacks per organization.

According to the report, commissioned by Efficient IP, a network automation and security company, 27% of Indian companies have lost sensitive customer information during data breaches due to DNS attacks, compared to 16% globally. . This has tarnished the brand image of Indian companies more than their global counterparts. In India, 44% of businesses reported damage to their brand due to DNS attacks, compared to 29% on the global average.

India appears to have done better than its Asian counterparts in terms of the cost of DNS attacks. Costs incurred by businesses in the Asia region decreased by 2.62% and amounted to approximately ??6 crore in 2020. The global average cost of each attack was approximately ??7 crores.

In addition to data loss, internal application downtime also remained extremely high in 2020. Application downtime, whether on-premises or in the cloud, was also affected by DNS attacks. . About 82% of businesses have experienced application disruptions.

“The consequences of such attacks can be very damaging financially, but they also have a direct impact on the ability to do business. Guaranteeing the availability and integrity of the DNS service must become a priority for any organization, ”said Romain Fouchereau, Research Manager European Security at IDC in a statement.

Although DNS attacks remain a major concern, companies are increasingly aware of the threat and its impact on business.

About 77% of Indian businesses viewed DNS security as a critical component of their network architecture, up from 64% last year.

Additionally, 31% of companies are now adopting the Zero Trust strategy, up from 17% last year, while 55% are using predictive analytics, up from 45% the year before.

“DNS offers valuable information that can make security strategies against hackers much more proactive and preventative. The covid-19 pandemic has exacerbated the need to strengthen DNS defenses, when any downtime of a network or application has major business implications, ”said Ronan David, vice president of strategy for EfficientIP in a press release.

IDC researchers believe that the increased adoption of cloud services due to covid-19 is likely to make the cloud an even more attractive target for attackers.

DNS is like a directory of the Internet that allows Internet devices to find specific web servers and access information hosted on them. It works by converting a host name (such as www.example.com) to an IP address (such as 192.168.1.1) used to identify each device in the Internet. DNS can be targeted in several ways. DNS flood attack, DNS hijacking, DNS cache poisoning, and DNS tunneling are some of them.

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