DOSarrest has seen a 60% increase in the frequency of application layer attacks in the past year. These attacks now make up more than 20% of daily overall attack traffic. The typical application attack is now able to reasonably bypass most filters by behaving like a customer on a website. This fraudulent traffic is consuming resources and tying up services that could otherwise be utilised by legitimate customers. The soft costs of these attacks go far beyond lost revenue from every legitimate customer that was affected, including future revenue from affected customers that will now use a competitor.”]
Source: https://informationsecuritybuzz.com/news/ddos-attacks-rise-according-ibm/