- DDoS has never been solved in a way that makes sense
- Suppliers are trying to fight decentralized attacks with centralized resources
Solution to fight DDoS attacks
Gladius, a Washington-based blockchain startup, claims to come up with a solution that will help websites deal with a distributed denial of service attack (DDoS). The platform was launched earlier on Monday. Web applications have long suffered from the risk of being hit by a DDoS attack. DDoS is a cyber attack in which an attacker makes a website inaccessible to its intended users by suppressing the target web server with fake traffic. To perform a DDoS attack, a group of devices, known as a botnet, is used to continuously send information packets to the target website, making the web page inaccessible to users.
With Gladius we are fighting distributed attacks with distributed solutions
The company, led by young entrepreneur Max Nibilski, was founded in July 2017. Nibilski, co-founder and chief executive officer, he was 18 years old when he founded the company and currently leads a group of young people (the rest of the team is even younger). Gladius collected $ 20 million through ICO in December last year. “DDoS has never been solved in a way that makes sense,” said Nibilsky in an interview with VentureBeat. “Current suppliers are centralized. Bots are decentralized. Suppliers are trying to fight decentralized attacks with centralized resources. With Gladius, we are fighting distributed attacks with distributed solutions. ” The company has just completed a private beta test of the platform. The solution uses unused bandwidth available from participating organizations to protect against DDoS attacks. The firm also contacted Digital Ocean, a cloud service provider, to conduct performance testing on large-scale attacks. Nibilsky said: We can match 100 nodes or more to match the bandwidth of the attack. He added: The blockchains have been around for a couple of years. What matters is incentives. Previously, it was technically possible to create a decentralized network. But there were no ways to encourage nodes to participate. With the blockchain, you can make a payment in less than 30 seconds to reward nodes in real time for their protection.
The solution was based on the Ethereum blockchain. The gladius solution level is designed to handle cyber-attacks, while transactions will be performed on the Ethereum network. A study by the Ponemon Institute shows that 64% of organizations say that the seriousness of cyber-attacks is increasing. The average duration of downtime as a result of a DDoS attack is 54 minutes, and the average cost of each minute of downtime is about $ 22,000. Gladius uses a distributed solution to scale the necessary resources (server infrastructure, bandwidth, space, power and cooling) to fight the attack. According to the company’s claims, the Gladius solution should be cheaper and more efficient than what is currently available. If a company can demonstrate its capabilities, this should be a welcome relief for business owners on the Internet and the cybersecurity sector.