The latest findings from Nokia’s Threat Intelligence Report reveal an alarming increase in cybercriminal activity targeting telecom infrastructure, largely fueled by advances in Generative AI and automation.
This escalation has significant implications for network security and operational reliability within the telecommunications sector. The report indicates that the frequency of distributed denial of service (DDoS) attacks has surged dramatically, rising from a daily occurrence of one or two to over 100 in many networks between June 2023 and June 2024. North America has been particularly affected.
Read more…
Source: SDX Central
Related:
- Insurance Giant CNA Hit with Novel Ransomware Attack
March 26, 2021
A novel ransomware attack forced insurance giant CNA to take systems offline and temporarily shutter its website. The attack occurred earlier this week and leveraged a new variant of the Phoenix CryptoLocker malware. The Chicago-based company—the seventh largest commercial insurance provider in the world—said it “sustained a sophisticated cybersecurity attack” on Sunday, March 21, according to ...
- Threat Assessment: Matrix Ransomware
March 26, 2021
Matrix is a ransomware family that was first identified publicly in December 2016. Over the years since its inception, it has primarily targeted small- to medium-sized organizations. As of 2019, it had been observed across geographic locations such as the U.S., Belgium, Taiwan, Singapore, Germany, Brazil, Chile, South Africa, Canada and the UK. While initially leveraging ...
- Fleeceware Apps Bank $400M in Revenue
March 25, 2021
About 204 different “fleeceware” applications with a combined billion+ downloads have raked in more than $400 million in revenue so far, via the Apple App Store and Google Play, analysis has revealed. Fleeceware apps generally offer users a free trial to “test” the app, before commencing automatic payments that can be exorbitant. In an analysis from ...
- Threat landscape for industrial automation systems. Statistics for H2 2020
March 25, 2021
There is no longer a downward trend in the percentage of ICS computers on which malicious objects were blocked. Starting with the second half (H2) of 2019, we observed a decline in the percentages of ICS computers on which malicious objects were blocked. This was observed in industrial control systems (ICS) as well as in corporate ...
- Fake Websites Used in COVID-19 Themed Phishing Attacks, Impersonating Brands Like Pfizer and BioNTech
March 25, 2021
In April 2020, we reported on a large influx of COVID-19 themed phishing attacks starting in February 2020. With March 2021 marking the one-year anniversary that the World Health Organization declared COVID-19 a pandemic, we revisited the phishing trends we observed in the past year to gain deeper insight into the various COVID-related topics that ...
- Ransomware attack halts production at IoT maker Sierra Wireless
March 23, 2021
A multinational manufacturer of Internet of Things (IoT) devices has halted production after falling victim to a ransomware attack. Canadian IoT maker Sierra Wireless says it suffered a ransomware attack against its internal IT systems on March 20, which has led to production being halted at its manufacturing sites. Internal operations have also been disrupted by ...