This event is generated when 5 or more requests were blocked within 2 minutes as a result of filter rules.
Possible reasons:
Rating: You should analyze whether the blocked requests were in fact attacks, or inadvertently blocked legitimate requests. Example: a Webmail application can have SQL statements in the subject or body of the message - those parameters should be defined as exceptions.
Hint: Frequency and number of the log messages required for the event to be generated can be customized. Check the separate article about customizing events.