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Governments Lose Millions to DNS Attacks Each Year

November 19, 2019 / Phil Muncaster

Global governments lose nearly $7 million on average from DNS attacks each year, the most of any sector, according to new research from EfficientIP. The DNS security vendor commissioned IDC to poll nearly 1000 IT and security leaders from North America, Europe and Asia Pacific, to compile its IDC 2019 Global DNS Threat Report. It revealed that public sector organizations around the world suffer on average 12 DNS attacks per year, costing over half a million dollars each, or $6.7 million in total. Downtime and data theft appeared to account for the majority of DNS-related losses. Over half (51%) of respondents reported in-house application becoming inaccessible as a result of DNS attacks in the past 12 months, while 43% faced cloud service downtime. A similar number (41%) suffered compromised websites which also put data at risk.