The IT/Cloud/SaaS industry, representing 45% of mitigation activity, was the most frequently targeted industry by DDoS attacks for the twelfth consecutive quarter according to the latest Verisign's Trends report.

The Reston, Va.-based Verisign's Distributed Denial of Service Trends Report for the third quarter of 2017 also revealed financial services represented 20% of mitigations; and 88% of the attacks mitigated from July 1, 2017 through September 30, 2017 employed multiple attack types.

There is a brighter side however. Overall the number Verisign saw a 17% decrease in the number of attacks, and a 70% decrease in the peak size of the average attack comparing Q3 2017 to Q2 2017. Nevertheless, DDoS attacks remain unpredictable and vary widely in terms of speed and complexity. They still remain unpredictable as attackers continue to launch repeated attacks against their targets. In fact, Verisign observed 45% of customers who experienced DDoS attacks in Q3 2017 targeted multiple times.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).