Downtime cost of an application DDoS attack averages $6130 per minute

A new report highlights downtime due to a successful application DDoS attack costs organizations an average of $6,130 per minute.  Radware recently released its new report, Application Security in a MultiCloud World 2023. The survey, which was conducted with Osterman Research, reveals the escalation of threats against web applications and increased security concerns about hybrid cloud infrastructures and API usage. At the same time, organizations struggle with low levels of security preparedness.

Source: Security Magazine

 


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