Worldwide IoT security spending to reach £1bn+ this year

Posted on 23 Mar 2018 by Jonny Williamson

Almost 20% of organisations observed at least one IoT-based attack in the past three years, and worldwide spending on IoT security will rise by 28%, reaching £1.06bn in 2018, a new survey revealed.  

Almost 20% of organisations observed at least one IoT-based attack in the past three years – image courtesy of Depositphotos. Despite the steady year-over-year growth in worldwide spending, Gartner predicts that through to 2020, the biggest inhibitor to growth for IoT security will come from a lack of prioritisation and…

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