Nokia has updated its network security product to help operators deal with the growing threat of ransomware, as it revealed the impact of the Wannacry threat earlier this year.

The Finland-based vendor has expanded its NetGuard Security Management Centre, an end-to-end software solution for security, with new analytics and automation features.

The product aims to make security a more predictive and automated process, instead of what Nokia says is currently a “manual and reactive” one.

The vendor claimed it could help operators to ensure vulnerable network devices are securely configured and patched proactively, to reduce costs by 50 percent, to eliminate up to 70 percent of false alerts and to reduce alert investigation times by more than 50 percent.

Ron Haberman, Head of Emerging Products in Nokia Applications & Analytics, 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."

The vendor’s Threat Intelligence Report, released today, revealed that the Wannacry ransomware this year managed to infect over 230,000 computers in 150 countries.

Telefónica was hit by a major ransomware attack in May which affected thousands of companies across dozens of countries.

Click here to take our security survey.

More News

BT, Huawei go back to university with £25 million Cambridge partnership BT, Huawei go back to university with £25 million Cambridge partnership BT and Huawei are establishing a new research group at the UK’s University of Cambridge. More detail
Telia hopes for divine investment after serving Uzbek penance Telia hopes for divine investment after serving Uzbek penance Telia has said it is hopeful The Church of Sweden will once again become an investor after the operator fell foul of its asset management guidelines. More detail
Iliad reports Q3 revenue rise, keeps quiet about Italian launch Iliad reports Q3 revenue rise, keeps quiet about Italian launch France’s Iliad registered a rise in revenues in the three months to 30 September but kept the market guessing about an upcoming launch in Italy. More detail
Bouygues becomes latest operator to up profitability guidance Bouygues becomes latest operator to up profitability guidance Bouygues Telecom has upped its EBITDA margin target for the year as it registered revenue and profit growth in its latest financials. More detail
TalkTalk registers loss as it preps new mobile offer TalkTalk registers loss as it preps new mobile offer TalkTalk made a net loss in its latest financial results as it prepares to launch a new mobile proposition. More detail
    

@eurocomms