In the fourth quarter (Q4) of 2022, over 829 million cyberattacks were blocked globally, including 59% of Indian websites.

According to application security firm Industace, the report said there was a sharp increase in the intensity and frequency of DDoS and bot attacks in 2004 compared to the third quarter. “During the quarter, we saw nearly 20 applications of our healthcare customers targeted by DDoS attacks. We also saw a 2 TB attack on a SaaS application. In both cases, the attacks were quickly thwarted with Al sending out anomaly alerts and the managed services team deploying surgical rules,” said Ashish Tandon, Founder and CEO of Indusface. I’m here.

According to the report, medium-sized companies with revenues between $10 million and $1 billion were exposed to 45% of cyberattacks, while large companies with revenues over $1 billion were only 21%. Small businesses, on the other hand, accounted for 34% of attacks, meaning that all businesses are vulnerable to such attacks. However, the ability to create custom rules is emerging as a key element of cybersecurity.

According to the report, each organization had an average of 48 custom rules in place, and 60% of all attacks were blocked using those custom rules. The report also highlights the rise of “virtual patching” as a means of securing applications at the Web Application Firewall (WAF) layer. DDoS attacks impacted 32% of all apps in the last 60 days of the observation period, the report said.

The three most vulnerable segments to attacks are banks, insurance companies and other financial companies, followed by IT service providers and manufacturing companies.

SaaS/IT products and retail/e-commerce also dominated at 9% each.

Regarding the region, 59% of the sites are in India, with the remaining 23% in the United States and Canada, the report adds.