Unfortunately the Internet doesn’t follow the rules of economic theory. Unlimited growth is a myth best kept for feeding your unicorns. Of course, the Internet has grown, but the mathematics and physics behind network flows stay the same. If your pipe is full, then you are going nowhere. This is why Distributed Denial of Service (DDoS) attacks still work. You can counter or evade these attacks, but they can happen. We invited Dave Lewis of Akamai to DeepSec 2015 to hear his view on the current state of affairs where DDoS is concerned.
For the record: DDoS is not hacking and no hacking attack. Spread your „cyber“ somewhere else.