Nokia Threat Intelligence Report warns of rising cyberattacks on internet-connected devices
Nokia Threat Intelligence Report warns of rising cyberattacks on internet-connected devices
·Report also highlights role of numerous COVID-19-themed cybercriminal campaigns aimed at exploiting user data
22 October 2020
Espoo Finland - Cyberattacks on internet-connected devices continue to rise at an alarming rate due to poor security protections and cybercriminals use of automated tools to exploit these vulnerabilities, according to the latest Nokia Threat Intelligence Report.
The report found that Internet-connected, or IoT, devices now make up roughly 33% of infected devices, up from about 16% in 2019. The report’s findings are based on data aggregated from monitoring network traffic on more than 150 million devices globally where Nokia's NetGuard Endpoint Security product is deployed.
Adoption of IoT devices, from smart home security monitoring systems to drones and medical devices, is expected to continue growing as consumers and enterprises move to take advantage of the high bandwidth, ultra-low latency, and fundamentally new networking capabilities that 5G mobile networks enable, according to the report.
The rate of success in infecting IoT devices depends on the visibility of the devices to the internet, according to the report. In networks where devices are routinely assigned public facing internet IP addresses, a high infection rate is seen. In networks where carrier-grade Network Address Translation is used, the infection rate is considerably reduced because the vulnerable devices are not visible to network scanning.
The Threat Intelligence Report also reveals there is no let up in cybercriminals using the COVID-19 pandemic to try to steal personal data through a variety of types of malware. One in particular is disguised as a “Coronavirus Map” application – mimicking the legitimate and authoritative Coronavirus Map issued by Johns Hopkins University – to take advantage of the public’s demand for accurate information about COVID-19 infections, deaths and transmissions.
But the bogus application is used to plant malware on victims’ computers to exploit personal data. “Cybercriminals are playing on people’s fears and are seeing this situation as an opportunity to promote their agendas,” the report says. The report urges the public to install applications only from trusted app stores, like Google and Apple.
Bhaskar Gorti, Nokia Software President and Chief Digital Officer, said: “The sweeping changes that are taking place in the 5G ecosystem, with even more 5G networks being deployed around the world as we move to 2021, open ample opportunities for malicious actors to take advantage of vulnerabilities in IoT devices. This report reinforces not only the critical need for consumers and enterprises to step up their own cyber protection practices, but for IoT device producers to do the same.”
We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.
Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.
Phone: +358 (0) 10 448 4900
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
EPH European Property Holdings Limited (EPH) - Third Quarter 2020 Financial Update25.11.2020 19:00:00 CET | Press release
25 November 2020, Road Town, Tortola, BVI BUSINESS HIGHLIGHTS In Q3 2020 the Company continued to expand its activity to Europe and diversify its portfolio to ensure long-term capital preservation. Following this strategy, in July 2020, the Company acquired 100% of interest in the entity holding a hotel property in Salzgasse 4 in Dresden, Germany. The property is located in the historic centre of Dresden, very close to the main city attractions and Dresden Airport. It comprises an area of 15,550 sqm. with a total of 180 rooms, 46 underground parking spaces, a spa, restaurant, 261 sqm. of retail space and meeting rooms for up to 230 people. The property and is occupied by 4-star Hotel Innside Dresden of Melia Hotels & Resorts Group. The current lease runs till December 2029. The Company’s rental properties continue generating sufficient cash to cover the Company’s operating expenses, service the debt and partially finance its new acquisitions.The Company successfully continued sales of
REPURCHASE OF SHARES25.11.2020 18:15:00 CET | Press release
REPURCHASE OF SHARES Amsterdam, the Netherlands - Flow Traders N.V. (“Flow Traders”) (Euronext: FLOW) has repurchased 53,298 of its own shares in the period from 19 November 2020 up to and including 25 November 2020 at an average price of €26.43. As announced on 11 November 2020, these repurchases are being made in order to satisfy the requirements of various employee incentive plans. The consideration of this purchase was €1.4 million. The total number of shares purchased under this programme to date is 186,430 shares at an average price of €26.66 for a total consideration of €5.0 million. 1,417,599 shares were held in treasury as at 25 November 2020. Contact Details Flow Traders N.V. Jonathan Berger / Investor Relations Officer Phone: +31 20 7996799 Email: email@example.com About Flow Traders Flow Traders is a leading global financial technology-enabled liquidity provider in financial products, historically specialized in Exchange Traded Products (ETPs), now expandin
Auction details government bonds25.11.2020 16:20:00 CET | Press release
Auction date December 2, 2020 Maturity date Loan ISIN code Coupon Issue volume, SEK million 2023-11-13 1057 SE00048690711.500% 1,500 2031-05-12 1062 SE0013935319 0.125% 3,500 Settlement date December 4, 2020 Bids have to be entered by 11.00 on December 2, 2020 Bid only through dealers approved by the Swedish National Debt Office For more information, please contact: The funding desk + 46 8 613 4780 FO@riksgalden.se
SEK TENDER OPERATION ANNOUNCEMENT FOR ONWARD LENDING25.11.2020 16:20:00 CET | Press release
Bid date, 2020-11-27Bid Submission Date2020-11-27Bid times10.30-11.00 (CET/CEST) on the Bid dateOffered Amount50 billion SEKMaximum Permitted Bid Volume12.5 billion SEK from an individual bidderSettlement Date2020-12-01Minimum Permitted Bid Volume10 million SEK per bidFinal Repayment Date2024-12-02Maximum Allocation25 per cent of Offered AmountAllocation TimeNo later than 11.30 (CET/CEST) on the Bid dateRepayment Date2021-12-01Option Repayment Date 12022-12-01Option Repayment Date 22023-12-01Interest rateThe Riksbank´s applicable repo rateAdditional interest rate0.10 per centConfirmation of bids to firstname.lastname@example.org Stockholm, 2020-11-25 This is a translation of the special terms and conditions published on riksbank.se. In the case of any inconsistency between the English translation and the Swedish language version, the Swedish language version shall prevail.
Maha Energy AB (publ) (“Maha” or the “Company”) announce Total Depth (TD) reached on Tie South (7-TIE-2D-BA) and logging results.25.11.2020 16:00:00 CET | Press release
The Company is pleased to provide the following Operational Update from its operations in Brazil. Tie-2 (Tie Field) The Tie-2 development well (7-TIE-2D-BA) reached a Total Depth of 2,195 m. on November 21. Both productive target formations were intersected. Electric logging has been completed and the well is now being prepared for production. Electric logging and drilling results confirmed the productive Agua Grande (AG) and Sergi formations are likely to be oil bearing. Indications are that both productive formations are above the Oil Water Contact and Tie-2 marks a new structural high in the Tie field with the top of its AG reservoir being 2 metres higher than the TIE-1 well (Attic well). The AG yielded 23 m. gross reservoir sand with an interpreted net productive thickness of 13 m. The Sergi yielded 17 m. gross reservoir sand with a net productive thickness of 7 m. Operations are now underway to complete the AG and Sergi formations and place 7-TIE-2D-BA on production. The informati
Klövern divests 12 properties in Malmö, Lund, Norrköping and Västerås for SEK 610 million25.11.2020 15:00:00 CET | Press release
Klövern has signed contracts with Mileway to divest 12 properties for a total underlying property value of SEK 610 million. The properties, which are located in Malmö, Lund, Norrköping and Västerås, have a lettable area of approximately 120,700 sq.m. and primarily consist of warehouse/logistics premises. The rental value amounts to SEK 61 million and the economic occupancy rate amounts to 82 per cent. ”This divestment is yet another step in the streamlining of Klövern as we free up capital for other investments in our more prioritized segments”, says Peeter Kinnunen, Head of Transactions at Klövern. Transfer of possession is planned to be on 15 January 2021. The divestment encompasses the following properties: Malmö: Kullen 1, Fältsippan 8, Krukskärvan 9, Stiglädret 10 and Ventilen 4 Lund: Annedal 9, Kvartsen 6 and Trumlan 1 Norrköping: Malmen 5, Silvret 2 and Slakthuset 14 Västerås: Friledningen 18 Klövern AB (publ) For additional information, please contact: Rutger Arnhult, CEO, +46