Unknown Wired Connection On My Laptop (Manjaro KDE)

I am using lenovo thinkpad e14 with manjaro kde. Today I observed that there is some wired connection named “lo” connected to my laptop (never heard of this connection before), however there is no ethernet wire attached to it. Its freaking me out honestly, cause I use this laptop of for my business and internet banking.

P.S. - I am not able to attach the screenshot.

See

Eg. It’s fixed in Plasma 5.27.1. It’s a change in NetworkManager 1.42.

thank you

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