Cyberattacks Escalated By 76% In Q1 2024

800,000 Cyberattacks Blocked Per Website On Average In Q1 2024

FinTech BizNews Service

Mumbai, June 20, 2024: Cyberattacks are escalating at an alarming rate, with a 76% increase in Q1 2024 compared to Q1 2023. Indusface’s latest insights will be useful to strengthen defenses and proactively mitigate emerging risks posed by sophisticated attackers targeting applications.

Key findings from the study of Indusface titled “The State of Application Report Q1 2024”

• Over 1.89 billion attacks were blocked from January to March 2024  
• On average, 800,000 attacks were blocked per website  
• Cyberattacks grew by 76% in Q1 2024 compared to Q1 2023
• Bot attacks increased by 147%, totalling 147+ million in Q1 2024
• DDoS attacks rose by 76%, reaching 875+ million in Q1 2024
• Sixty percent of sites experienced DDoS attacks
• Ninety percent of sites experienced bot attacks
• Seventeen thousand critical and high vulnerabilities were found, with 32% remaining open for over 180 days.