Next-generation Nokia security software taps automation and analytics to help service providers combat growing ransomware threat
(Thomson Reuters ONE) -
* Nokia NetGuard Security Management Center enables service providers to
address the 70 percent of security alerts that go uninvestigated each year
* Advanced automation and analytics transform security management into an
automated, dynamic and predictive process; allows service providers to
mitigate threats before breaches occur
* Latest Nokia Threat Intelligence Report reveals dramatic rise in 2017
ransomware infections, underscoring need for robust, end-to-end network
security management
13 November 2017
Espoo, Finland - Nokia today announced its next-generation NetGuard Security
Management Center software, designed to bolster service providers' ability to
proactively detect, predict and combat the growing threat from ransomware and
other types of malware.
The volume, velocity and variety of security data today is overwhelming security
teams. Companies typically receive hundreds of thousands of security alerts per
year, up to 70 percent of which are never investigated(1). In addition, the
proliferation of point security solutions in customers' networks is extremely
complex and difficult to manage - a challenge expected to get considerably worse
with the broad deployment of new Internet of Things (IoT) devices.
The Nokia NetGuard Security Management Center is a single cohesive, end-to-end
management solution for security orchestration, analytics and response. It
enables service providers to monitor, configure and control all the multi-vendor
security systems deployed across their networks.
The latest version integrates the power of analytics and automation to transform
security management and operations from a manual and reactive process to a
dynamic, predictive and automated one, and lays the foundation for the addition
of advanced machine learning and artificial intelligence capabilities in future
releases.
Featuring a new dashboard and an automated security workflow engine, the latest
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(2).
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. Nokia's extensive heritage and expertise in network communications
technologies and network-based security uniquely positions us to address these
unprecedented security challenges. Our Security Management Center helps service
providers streamline business processes, reduce costs and proactively address
security threats before they impact end users or businesses."
Ransomware Spike Signals Need for Better Security Management
Findings of the new Nokia Threat Intelligence Report released today revealed the
need for the industry to deploy more effective security management measures,
such as the Nokia NetGuard Security Management Center, to combat increasingly
sophisticated ransomware and other forms of malware.
According to the report developed by the 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. While security
patches were available prior to the attack, they were not deployed in many
cases, underscoring the need for a new class of management solutions to ensure
all vulnerable network devices are securely configured and patched proactively.
Other key findings of the 2017 Nokia Threat Intelligence Report include:
* Smartphone infections at 72 percent - 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 OS the prime target - 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).
* Increase in Windows/PC infections - 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.
* Misbehaving applications - Misbehaving applications (due to software updates
and other ecosystem changes) caused significant performance issues - in some
cases resembling a DDoS attack.
* More aggressive adware - Increasingly aggressive adware samples from third-
party applications became more difficult to uninstall, displayed ads when
the host application was not in use, and compromised personal information
such as phone numbers, e-mail addresses and contact lists.
About Nokia Security Management Center
The Nokia Security Management Center consolidates data and extracts actionable
insights from a variety of intelligence sources, including the Nokia NetGuard
Endpoint Security anti-malware software and the Nokia Threat Intelligence Lab,
which aggregates data from mobile and fixed networks worldwide. It works in
tandem with third-party security systems to monitor network security status, as
well as manage vulnerabilities, security policies and network access.
The latest version of the Nokia Security Management Center, which was developed
using Nokia's state-of-the-art Common Software Foundation and cloud-native
design principles, is expected to be available in Q1 2018.
About the Nokia Threat Intelligence Lab
The Nokia Threat Intelligence Lab focuses on the behavior of malware in network
communications to develop detection rules that identify infections based on
command and control communication and other network behavior. This approach
enables the detection of malware in the service provider's network, and the
detection rules developed form the foundation of Nokia's NetGuard product suite.
Resources:
* Website: NetGuard Security Management Center
* Nokia 2017 Threat Intelligence Report
* Website: Nokia Threat Intelligence Center
* Website: Nokia NetGuard Endpoint and IoT Security
* Webinar: Security Automation Can Help Combat Advanced Threats
* Infographic
Connect with Nokia:
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* Periscope
* YouTube
* Glassdoor
About Nokia
We create the technology to connect the world. Powered by the research and
innovation of Nokia Bell Labs, we serve communications service providers,
governments, large enterprises and consumers, with the industry's most complete,
end-to-end portfolio of products, services and licensing.
From the enabling infrastructure for 5G and the Internet of Things, to emerging
applications in digital health, we are shaping the future of technology to
transform the human experience. www.nokia.com
(1) Derived from multiple sources, including:
Ponemon Institute
(https://www.ponemon.org/local/upload/file/Damballa%20Malware%20Containment%20FI
NAL%203.pdf),
Cisco (https://www.cdwg.com/content/dam/CDW/resources/brands/Cisco/2017-Annual-
Cybersecurity-Report.pdf), and
ESG Research (http://www.esg-global.com/blog/dealing-with-overwhelming-volume-
of-security-alerts).
(2) Based on Nokia internal tests in 2016/2017.
Media Enquiries
George Millington
Nokia Applications & Analytics Communications
+1 925-683-5471
george.millington(at)nokia.com
Nokia Communications
+358 10 448 4900
press.services(at)nokia.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NOKIA via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 13.11.2017 - 09:40 Uhr
Sprache: Deutsch
News-ID 567778
Anzahl Zeichen: 9201
contact information:
Town:
Espoo
Kategorie:
Business News
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