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India among top 3 Asian nations affected by DNS cyber attacks

Cyber fraud is being addressed by the MHA, which has established a hotline to assist victims.

India is among the top 3(three) Asian nations with the greatest cost of DNS assaults in 2021 to data. So, approximately 90% of organizations worldwide have suffered DNS assaults. With an average cost of roughly $950,000 per assault, a new analysis revealed on Monday.

Asia had a 15% rise in the average cost of a DNS assault. To $908,140, from $792,840 in 2020.

Malaysia witnessed the largest rise in damages at 78 percent, followed by India at 32 percent. However according to the analysis by EfficientIP, a major supplier of network security and automation solutions.

Organizations across all sectors saw an average of 7.6 assaults last year as a result of the epidemic. According to survey. In partnership with IDC.

It is estimated that a quarter of organizations have been attacked by a DNS assault based on cloud misconfiguration. Moreover, almost half (47%) of businesses experiencing cloud service outages as a consequence of DNS assaults.

The danger study, now in its seventh year, also discovered a significant increase in data theft through DNS. Moreover, 26% of organizations reporting sensitive customer information taken, up from 16% in the Threat Report for 2020.

“As employees increasingly migrate to off-premise locations through the cloud, IoT, edge, and 5G. So, businesses and telecom providers should turn to DNS for a proactive security approach,” said Ronan David. EfficientIP’s VP of Strategy.

This year, phishing remained common (49 percent of businesses reported encountering phishing efforts), as did malware-based assaults (38 percent) and classic DDoS assaults (29 percent).

“While it is commendable that businesses desire to utilize DNS to safeguard their increasingly distributed workforces, organizations continue to bear the penalty of DNS assaults,” stated Romain Fouchereau, IDC’s Research Manager for European Security.

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Written by Ankur J Kakoti

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