The Three Must-Haves of DDoS Mitigation For Cryptocurrency Exchanges
https://www.fromdev.com/2019/01/the-three-must-haves-of-ddos-mitigation-for-cryptocurrency-exchanges.html
The truth of the matter is that the reputational damage a successful DDoS attack can inflict outweighs the warm fuzzy feeling any exchange owners might get from knowing they’re important enough to the market to get targeted.
To that end, here are the three must-haves for DDoS mitigation for cryptocurrency exchanges.
Smart Traffic Inspection
One of the things that makes inflicting a DDoS attack on a cryptocurrency exchange so easy for attackers is the huge bursts of natural traffic exchanges regularly experience. ICOs and favorable trading conditions attract traders in droves, and all an attacker needs to do is aim a blast of traffic at the already stressed exchange server and more often than not, a distributed denial-of-service attack succeeds.A DDoS mitigation service needs to boast granular traffic analysis as well as deep packet inspection in order to block the often craftily disguised DDoS traffic while ensuring traders and other legitimate visitors can access the exchange and their wallets without any delay. There’s no point blocking a DDoS attack if it’s going to block legitimate users as well.
The Fastest Possible Response (guaranteed)
For traders, a matter of seconds can be a matter of big money. Your exchange cannot lag, nor can it glitch for even a moment if you’re going to keep your users happy. This means a DDoS attack cannot succeed for even one second, which in turn means your DDoS mitigation service needs to be able to detect and react to attack traffic as quickly as is currently possible.Cryptocurrency exchanges need to accept nothing less than a time to the mitigation of 10 seconds or under, and this time to mitigation needs to be guaranteed right in the service level agreement. If you get 10 seconds or less guarantee, you can likely count on your mitigation to kick in within one or two seconds of the first trickling of attack traffic. If you can’t get fast time to mitigation in writing, you probably won’t get it when you need it.