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.

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