The cost of having an organization targeted by a distributed denial of service (DDoS) attack for an hour is as low as $10, cybersecurity firm Armor says.
The low cost of launching such attacks results from the proliferation of cybercrime-as-a-service, one of the most profitable business models adopted by cybercriminals over the past years. It allows criminals-wannabe to employ the resources of established cybercriminals for their nefarious purposes, including malware distribution, DDoS-ing, spam, and more.
All that miscreants have to do is to access underground markets or forums and hire the desired cybercrime service to conduct the malicious actions for them. And while the incurred financial losses total billions or even more for affected organizations, the price of hiring such a service is highly affordable to anyone.