Edgio Discovers The Biggest DDoS Attack Against E-commerce In Europe, How Will It Affect?

The impact of the biggest DDoS attack ever (photo: Edgio)

JAKARTA - Distributed Denial of Service (DDoS) attacks have grown at an exponential rate over the years, with more than 9.75 million attacks so far in 2021.

Seeing the high number of DDoS attacks, Richard Yew as Senior Director of Product Management Security at Edgio said that the types of DDoS attacks are diverse, starting from the network layer / transport layer (such as SYN Flood, ACK Flood, or UDP Flood) and application layer (HTTP). floods).

“But they all have the same goal, which is to threaten the network, website or application, and cause service disruptions,” Richard explained to VOI a few days ago.

Richard also revealed that at Edgio, they witnessed one of the largest network layer DDoS (UDP Flood) attacks on one of its customers last month. The attack originated in Europe and reached 355 million packets per second (Mpps), the target was one of the major APAC-based e-commerce sites selling computers, mobile phones and accessories.

In his further statement, Richard admitted that this 355 million Mpps DDoS attack was the second wave of the largest DDoS attack discovered by Edgio, twice as large as the previous 176 Mpps.

The high number of attacks will certainly have an impact on the company. The impacts are varied, such as loss of revenue during downtime, damage to reputation, legal repercussions for security negligence, and potential for greater exposure to cyberthreats.

But according to Richard, the biggest and most severe impact is that DDoS attacks can cost a company's finances significantly.

"Americans spend 8.9 billion US dollars (Rp 132 trillion) during Black Friday 2021 and that is roughly equal to more than 100,000 US dollars (Rp 1.49 billion) per second," he explained.

For e-commerce companies in a highly competitive market, every second of a moment of massive discounts counts. The existence of a DDoS attack is a major blow to the company's revenue. Not only that, this also has an impact on the brand image and public trust in the company.

As another example, Richard said in 2016, a popular service provider was hit by one of the largest DDoS attacks in history and was inaccessible for more than half a day. As a result, customer trust was lost and the company was acquired a few months later. Now the company no longer exists.