Threat Intelligence Report findings 2024
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Shocking carpet-bombing DDoS attacks
DDoS traffic soars to new rates
Quantum: the hidden threat you can’t afford to delay
The AI battle: Force for good or evil?
Surprising discovery and response rates
New regional focus on ransomware attacks
DDoS traffic soars to new rates
Quantum: the hidden threat you can’t afford to delay
The AI battle: Force for good or evil?
Surprising discovery and response rates
New regional focus on ransomware attacks
Shocking carpet-bombing DDoS attacks
Carpet-bombing attacks, which hit multiple targets across a range of IP addresses, are rapidly growing in scale and impact. In 2024, 13% of carpet-bombing DDoS attacks targeted 256 destination IP addresses or more, and 2.8% of attacks targeted 1,024 IPs or more.
Read the full report
DDoS traffic soars to new rates
DDoS traffic continues to grow at a rate higher than any other type of network traffic, increasing 166% between June 2023 and June 2024. Botnets remain a major driver in the DDoS attack landscape, accounting for about 60% of traffic monitored by Nokia Deepfield.
Quantum: the hidden threat you can’t afford to delay
As quantum computers evolve, they pose significant risks to existing encryption technologies, rendering them obsolete. ABI Research predicts that the post-quantum cryptography market will reach a valuation of $246 million by the end of 2024. As new algorithms are introduced and national guidelines are established, the demand for quantum-safe cryptography solutions is expected to soar, more than doubling to $530 million by 2028.
The AI battle: Force for good or evil?
Traditional security measures are no longer sufficient in the age of advanced threats. Threat actors are increasingly using generative AI to mount sophisticated attacks faster and on a larger scale. Communications service providers (CSPs) are also using generative AI to accelerate response times and improve effectiveness against emerging threats.
Surprising discovery and response rates
Nokia’s threat intelligence experts have uncovered a concerning trend: cyber attacks are being discovered at different times, with some going undetected for months. For example, a November 2022 attack on a Tier 1 communications service provider (CSP) in Europe was not uncovered until January 2023. This delay in detection could have significantly worsened the impact of the attack, underscoring the critical need for faster threat identification.
New regional focus on ransomware attacks
Nokia’s threat intelligence experts saw that North America experienced advanced ransomware attacks, sometimes state-sponsored, that targeted data theft and disruption. East Asia saw significant data leaks from inadvertent company exposures, while Western Europe experienced a mix of cyber espionage and financially motivated breaches.
Read the full report
Read the full report
Read the full report
Read the full report
Read the full report
Read the full report
Read the full report
Read the full report
Read the full report
Read the full report
Nokia’s threat intelligence experts have uncovered a concerning trend: cyber attacks are being discovered at different times, with some going undetected for months. For example, a November 2022 attack on a Tier 1 communications service provider (CSP) in Europe was not uncovered until January 2023. This delay in detection could have significantly worsened the impact of the attack, underscoring the critical need for faster threat identification.
