TEL Telenor ASA

Telenor warns in new Nordic security report: Increased risk of cyberattacks, sabotage and disinformation

Telenor warns in new Nordic security report: Increased risk of cyberattacks, sabotage and disinformation

Fornebu, Norway - 30 October 2025 Amid rising geopolitical tensions and increasingly sophisticated digital threats, Telenor today releases its annual Nordic security report, calling for a stronger and more coordinated regional approach to security and preparedness.

The report highlights the growing interdependence of critical services such as power and digital infrastructure and calls on governments and industry to act jointly to build greater Nordic resilience that protects societies, economies, and people.

“We are facing a security situation where a crisis can start anywhere and spread everywhere – across sectors, countries and regions. The strength of the Nordic model lies in trust, close cooperation, and robust digital infrastructure. But to remain resilient, we must connect these strengths across borders,” says Benedicte Schilbred Fasmer, President & CEO of Telenor.

Top security risks identified

The report identifies six main threat categories shaping the Nordic security landscape in 2025 that Telenor must prepare for:

  1. Destructive cyberattacks
  2. Sabotage of digital and physical infrastructure
  3. Foreign influence and disinformation campaigns
  4. Intelligence operations targeting critical infrastructure
  5. Organised digital financial crime
  6. Advanced online fraud

“These are not distant threats, but part of the daily threat picture that we and other telecom operators must be prepared to face,” says Fasmer.

Putting Nordic resilience to the test

Based on Telenor’s latest open threat assessment and insights from the company’s security experts in the Nordic countries, Telenor has identified the main threats:

  • Hybrid threats are reshaping the Nordic security landscape. State-backed and criminal actors are blurring the lines between cyberattacks, sabotage, and disinformation, making it challenging to distinguish between accidents and deliberate attacks.
  • Critical infrastructure is now a strategic battleground. Subsea cables, mobile networks and cloud infrastructure are vital for everything from defence to economic stability and are prime targets for attacks.
  • Weather-related disruptions are testing resilience in real time. The storm Amy has revealed how quickly communications can fail when the power supply is disrupted.
  • Data sovereignty is becoming a defining issue. The location and governance of data are now key questions, pushing governments and organisations to invest in sovereign or regionally governed cloud solutions for sensitive workloads.
  • Nordic alignment is essential. Shared situational awareness, harmonised frameworks and joint exercises are essential to meeting NATO’s resilience objectives and ensuring the Nordics can act as one during times of crisis.

Sigvart Voss Eriksen, EVP & Head of Telenor Nordics, emphasizes that resilience is not built overnight.





“It requires long-term investment, preparedness and coordination between governments and industry. The Nordic countries already have strong national security and preparedness systems, but a crisis doesn’t care about borders,” says Voss Eriksen and adds:

“To protect our critical functions, we must act as a region. That means predictable funding, aligned frameworks and operations, so that we can prepare and respond together when it matters most.”

A Nordic call to action

In the report, Telenor’s Nordic businesses issue a joint call to action for governments and industry in the Nordics – with the aim to strengthen our regional resilience:

  • Make resilience a Nordic priority
  • Align frameworks and rules across borders
  • Strengthen information sharing across borders
  • Build redundancy solutions for critical infrastructure
  • Scale and exercise together in the Nordics

About Nordic Digital Security 2025

The report is Telenor’s annual assessment of the security environment facing the Nordic region, authored by Telenor’s security expert community. It includes analyses of the evolving threat picture, new attack methods, the emergence of cognitive warfare and the vulnerabilities of subsea cables and critical infrastructure. It also highlights lessons from recent crises and shares recommendations for how governments and operators can strengthen total preparedness and build lasting resilience across the Nordic region.

The full Nordic Digital Security 2025 report is available here: /nordics/ds25

For further information, please contact:

David Fidjeland, Director Media Relations, mobile



EN
30/10/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Telenor ASA

 PRESS RELEASE

Telenor Marks 25 Years on the Oslo Stock Exchange

Telenor Marks 25 Years on the Oslo Stock Exchange Today, Telenor celebrated its 25th anniversary as a listed company on the Oslo Stock Exchange. Since its listing in 2000, the company has distributed more than NOK 243 billion to shareholders. Around 70 guests attended the event, including Minister of Digitalization Karianne Tung. The program featured speeches from CEO of Euronext Oslo Stock Exchange Øivind Amundsen, Telenor CEO Benedicte Schilbred Fasmer, and CFO Torbjørn Wist. Øivind Amundsen congratulated Telenor on the milestone: “We are very pleased to see the companies listed on th...

 PRESS RELEASE

Telenor markerer 25 år på Oslo Børs

Telenor markerer 25 år på Oslo Børs Telenor markerte i dag sitt 25-årsjubileum som børsnotert selskap på Oslo Børs. Siden børsnoteringen i 2000 har selskapet delt ut over 243 milliarder kroner til aksjonærene. Rundt 70 gjester deltok på markeringen, blant dem digitaliseringsminister Karianne Tung. Arrangementet inneholdt taler fra børsdirektør Øivind Amundsen, konsernsjef Benedicte Schilbred Fasmer og finansdirektør Torbjørn Wist. Børsdirektør Øivind Amundsen gratulerte Telenor med jubileet: – Vi syns det er veldig gledelig at selskapene vi har notert her på Euronext Oslo Børs gjør det ...

 PRESS RELEASE

Telenor Consolidates IoT Operations to Launch Global IoT Powerhouse

Telenor Consolidates IoT Operations to Launch Global IoT Powerhouse Fornebu, Norway – November 13, 2025 – Telenor announces a significant step in its Internet of Things (IoT) strategy by consolidating its Nordic IoT operations under Telenor Connexion, creating a unified global IoT powerhouse. This move strengthens Telenor’s position as a leading provider of managed IoT solutions, enabling customers to benefit from a more streamlined, scalable, and innovative service offering. “This consolidation is about unlocking scale and accelerating growth. By bringing our IoT capabilities together und...

 PRESS RELEASE

Telenor samler IoT-virksomheten – etablerer en global IoT-enhet

Telenor samler IoT-virksomheten – etablerer en global IoT-enhet (Fornebu, 13. november 2025) Telenor tar et viktig steg i sin IoT-strategi ved å samle den nordiske IoT-virksomheten under Telenor Connexion og skape en samlet global IoT-aktør. Dette styrker Telenors posisjon som en ledende leverandør av administrerte IoT-løsninger og gir kundene et mer strømlinjeformet, skalerbart og innovativt tjenestetilbud. – Dette handler om å utnytte skala og øke veksttakten. Ved å samle IoT-kompetansen under Telenor Connexion og vårt porteføljemerke Telenor IoT, bygger vi en sterkere plattform for å be...

Russell Waller
  • Russell Waller

Telenor (Neutral, TP: NOK170, +6%) CMD: Decent medium-term FCF guidan...

We attended the Telenor CMD in Fornebu today. Overall, Telenor presented a pretty credible plan. Cost out is at the centre of the strategy, and it has a good track record on this, as do other Nordic Telcos

ResearchPool Subscriptions

Get the most out of your insights

Get in touch