The Silent Threat: How DNS Vulnerabilities Are Eroding Corporate Profits

By Greg Tavarez, TMCnet Editor  |  December 28, 2023

The Domain Name System, or DNS, the invisible backbone of the internet, might not grab headlines like flashier cybersecurity breaches and other dangers. Yet, lurking beneath the surface of user-friendly URLs and familiar websites lies a critical component often neglected and exploited: vulnerabilities in DNS infrastructure.

A recent Forrester (News - Alert) Consulting study commissioned by Infoblox, a provider of DDI (DNS, DHCP, and IPAM) solutions, paints a picture of how these vulnerabilities are silently siphoning profits from enterprises worldwide.

Titled "The Total Economic Impact of Infoblox DDI," the study analyzes the financial impact of DNS security lapses. The findings are eye-opening: unaddressed DNS vulnerabilities cost businesses an average of $7.1 million over three years. This figure encompasses tangible losses from downtime, productivity disruptions and cyberattacks, as well as less quantifiable damage like reputational harm and customer churn.

With that, the study identified the Achilles' heels of enterprise DNS:

  • Fragmented and manual processes: Many organizations rely on disparate, manual DNS management tools, which creates blind spots and inconsistencies. This fragmented approach leads to configuration errors, misdirected traffic and increased attack surface.
     
  • Lack of visibility and automation: Without automated tools for monitoring and managing DNS changes, identifying and mitigating threats becomes a reactive scramble. This lack of real-time insight allows attackers to exploit vulnerabilities for extended periods, amplifying the damage.
     
  • Unsecured cloud environments: As enterprises migrate to hybrid and multi-cloud environments, traditional on-premises DNS solutions struggle to keep pace. This disconnect in cloud security leaves critical DNS records exposed to malicious actors.

And the consequences of these vulnerabilities are no laughing matter.

The study estimates that unplanned downtime due to DNS issues costs an average of $500,225 per organization, stemming from lost employee productivity, missed business opportunities and customer frustration. Cyberattacks, fueled by DNS exploits, further exacerbate the financial fallout, with data breaches averaging $1.1 million in losses.

However, the good news is that these losses are not inevitable. The study also demonstrates th benefits of implementing Infoblox (News - Alert) DDI solutions. By consolidating and automating DNS, DHCP and IPAM functions, organizations can experience a 150% increase in operational efficiency, translating to significant cost savings.

Additional benefits include improved uptime and network performance, enhanced security posture and streamlined IT operations. Automated threat detection and mitigation reduce downtime caused by DNS attacks. Consolidated DDI platforms provide comprehensive visibility and control over DNS records, minimizing attack surface. Automation simplifies DNS management, freeing up IT resources for strategic tasks.

"Infoblox is committed to providing solutions that not only secure the network but also empower organizations to maintain continuity in their revenue operations," said Anthony James, Vice President of Product Strategy and Solutions at Infoblox. "The findings from Forrester's study validate for us the significant value that our DDI solutions bring to enterprises looking to optimize their critical network services."

The Infoblox study serves as a wake-up call for businesses of all sizes. DNS security can no longer be relegated to the back burner. By prioritizing a proactive approach with robust DDI solutions, organizations can turn the tide on silent threats, safeguard their bottom line and ensure a secure and reliable digital foundation for future growth.




Edited by Alex Passett
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