Organizations must take a proactive approach to identify and address DDoS attacks, Kaspersky Head of DDoS Protection Kirill Ilganaev said in a prepared statement. 23 percent said a loss of revenue and business opportunities occurred as a direct result of a DDoS attack, and 22 percent listed the loss of reputation among clients and partners as a direct consequence of a DDoS attack.Among all respondents, 33 percent cited the costs of fighting a DDoS attack and restoring services as the main burden associated with DDoS attacks, and 25 percent said money spent investing in an offline or back-up system while online services are unavailable was the primary burden.Meanwhile, the financial implications of reacting to a DDoS attack last year was $123,000 for SMBs, up from $106,000 in 2016. The financial implications of reacting to a DDoS attack in 2017 was $2.3 million for enterprises, compared to $1.6 million in 2016.On average, the cost of a DDoS attack for enterprises was $2 million, and the cost of a DDoS attack for small and medium-sized businesses (SMBs) was $120,000.

Key findings from the Kaspersky-B2B “IT Security Risks Survey 2017” included: Distributed denial-of-service (DDoS) attack costs are increasing globally, according to a survey of more than 5,200 business professionals conducted by antivirus solutions provider Kaspersky Lab and market research firm B2B International.

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