Cyber Attacks on IoT devices are increasing says Nokia survey

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As most of the internet connected devices are lacking basic security protections, cyber criminals are using automated tools to launch cyber attacks by exploiting vulnerabilities says a survey conducted by Nokia.

Nokia’s security report concluded that over 33% of IoT or internet connected devices are infected- up from 16% in 2019. So, this clearly shows that those devices that are connected to the internet are super vulnerable to cyber attacks.

“As the world is transforming to a 5G ecosystem, malicious actors are getting busy in grabbing the slightest opportunity to hack a device/network,”, said Mr. Gorti, the Chief Digital Officer, Nokia.

Mr. Gorti added that the report not on highlights the need for consumers to step up their cyber defenses, but also emphasizes on the fact that enterprises manufacturing Internet connected devices also need to offer better cyber protection on their devices.

Nokia’s Security report also highlights the fact that smart home security monitoring systems and drones along with medical devices need to offer products with extra security as consumers will utilize them to the core by taking advantage of the high bandwidth, low latency and technically new 5G networks.

Note 1- Nokia compiled the report after collecting data from over 150 million devices running with Nokia’s NetGuard Endpoint Security product.

Note 2- Nokia’s threat report also highlighted the fact that cyber crooks are seen using the COVID-19 Pandemic to steal personal data of online users through malware loaded applications as they are trying their best in utilizing every prospect to support their agendas by playing with the fears of people across the world.

Thus, Nokia is urging people to install applications only through Trusted Apps like Google and Apple.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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