Surge in DDoS Attacks: MENA Region Sees 238% Increase in Q3 2024
DDoS Attacks Surge 238% in MENA Region in Q3 2024
In a startling report from cybersecurity provider StormWall, the Middle East and North Africa (MENA) region experienced a staggering 238 percent year-over-year increase in Distributed Denial of Service (DDoS) attacks during the third quarter of 2024. This surge has raised alarms among businesses and security officials across the region, particularly within the financial sector, which bore the brunt of these alarming trends.
The report highlights that attacks on banks and cloud payment providers surged an astonishing 284 percent compared to the same quarter last year. Overall, the financial sector was the primary target, accounting for 42 percent of the attacks, followed by the entertainment industry at 21 percent and government entities at 10 percent. Notably, the rise in attacks is fueled by profit-driven criminals seeking to extort funds and hacktivists pursuing political agendas.
A critical factor contributing to this dramatic escalation is the size of the botnets operating in the region, which averaged 28,000 devices – four times the number reported a year earlier. This amplification of resources enabled attackers to launch formidable assaults, including a record-breaking 1.5 Tbps attack against a UAE bank.
The report also indicates a marked 400 percent increase in hyper-volumetric network-layer DDoS attacks compared to the previous quarter, signifying a troubling shift in the landscape of cyber threats. Once the domain of state-sponsored actors, sophisticated DDoS capabilities are increasingly accessible to less experienced hackers utilizing advanced tools for their own gain.
With the UAE, Saudi Arabia, and Israel bearing the most significant impact—31 percent, 16 percent, and 14 percent of all attacks, respectively—cybersecurity experts urge immediate action to bolster defenses in a region vulnerable to evolving cyber threats. As the MENA region navigates this digital battleground, vigilance is key to safeguarding its economic vitality.