Nokia bolsters service provider security with new offering

Nokia announced the latest NetGuard Security Management Center software, designed to help service providers proactively detect, predict and combat the growing threat from ransomware and other types of malware.

The end-to-end management solution for security orchestration, analytics and response enables service providers to monitor, configure and control all the multi-vendor security systems deployed across their networks.

Nokia NetGuard Security Management Center allows service providers to investigate 100 percent of alerts at 50 percent lower costs, eliminate up to 70 percent of false-alerts, reduce alert investigation times by more than 50 percent, and mitigate threats before breaches occur and cause widespread damage, Nokia said.

Ron Haberman, head of Emerging Products in Nokia’s Applications & Analytics business group, said,”More sophisticated attacks, growing network complexity and the proliferation of IoT and other devices make it nearly impossible for security teams to monitor, react to and resolve today’s threats quickly and effectively.

Haberman added, “Our Security Management Center helps service providers streamline business processes, reduce costs and proactively address security threats before they impact end users or businesses.”

According to Nokia Threat Intelligence Lab, Wannacry was responsible for one of the largest ransomware attacks of all time earlier this year, infecting over 230,000 computers in 150 countries.

Smartphone infections accounted for 72 percent of all mobile network infections. The rest were due to Internet of Things (IoT) devices and Windows-based PCs.

Android malware samples grew 53 percent in 2017, and Android devices accounted for 69 percent of all infections (vs. 74 percent in 2016), primarily due to the proliferation of insecure third-party application stores (96 percent of app. market).

Infections of Window/PC systems increased in 2017: 28 percent compared to 22 percent in 2016. Infections on other platforms, including iOS devices remained steady at approximately 4 percent.

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