In 2024, Russian businesses are expected to see a sharp rise in DDoS incidents, with estimates suggesting an increase of at least 400 percent due to ongoing political instability. This projection comes from industry observers referencing data from the Edge Center cybersecurity team and summarized by Kommersant. The trend signals a growing dependence on robust cyber defense as digital risk environments become more volatile for enterprises operating in Russia and nearby markets.
Against this backdrop, demand for cyber security solutions and IT safety measures from Russian companies is anticipated to climb. Organizations across sectors are prioritizing network hardening, rapid incident response, and resilient infrastructure to mitigate disruption and safeguard customer trust in a challenging threat landscape.
Edge Center also notes that cyber attacks in 2023 rose by roughly 300 percent compared with 2022. In that year, more than 50 large enterprises spanning transportation, government, and finance experienced significant intrusion attempts or breaches. The concentration of incidents across critical infrastructure underscores the need for layered security strategies that address both external threats and insider risk, along with continuous monitoring of network activity for early warning signs. [Source: Kommersant via Edge Center]
Between January and November, researchers recorded over 130 thousand DDoS attacks targeting Russian firms, with the typical disruption lasting about 15 minutes. More than 500 incidents exceeded 100 Gbit/s in bandwidth, and the period also saw a record-long attack stretching for eight days. The sheer scale of these assaults highlights the importance of scalable protection, including anti-DDoS services, traffic filtering, and automated response playbooks to minimize downtime and reputational damage. [Source: Edge Center findings]
Earlier studies from TRM Laboratories indicate that since early 2023, attackers have siphoned roughly $1.7 billion from various crypto projects. This level of loss marks a notable decline from 2022, when cyber heists around the crypto space reached about $4 billion. The data points to a shifting threat landscape where financial and crypto ecosystems remain attractive targets, but also where improved controls and better threat intelligence have begun to curb losses. [Source: TRM Laboratories study]
Industry observers, including Dmitry Khomutov, CEO of a company developing Ideco information security tools, noted at the start of December that the Russian financial sector could see a 15 percent uptick in hacker activity in the first quarter of 2024. Socialbites.ca reported this forecast, underscoring persistent pressure on financial institutions to strengthen their cyber resilience, manage fraud risk, and ensure continuity of essential services for customers and counterparties. [Source: socialbites.ca via industry sources]
Beyond direct attacks, there is growing awareness of the most prevalent social engineering and deception schemes used in online storefronts. Consumers and businesses alike are urged to verify seller legitimacy, protect payment details, and adopt multi-factor authentication to blunt credential abuse and scam attempts. This risk awareness is part of a broader security maturity that combines user education with technical safeguards to reduce the likelihood of successful fraud campaigns. [General industry guidance]