IoT security spending to reach $1.5 billion in 2018

Internet of Things (IoT)-based attacks are already a reality. A recent CEB, now Gartner, survey found that nearly 20 per cent of organisations observed at least one IoT-based attack in the past three years. To protect against those threats Gartner, Inc. forecasts that worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 per cent increase from 2017 spending of $1.2 billion.

Tackling the compromised IoT threat

Exabeam has introduced a new product that uses machine learning to spot compromised IoT and other devices. Exabeam Entity Analytics discovers the normal behaviour of medical, industrial, networking, home and mobile devices, and uses that baseline to alert security teams when unusual events occur.

AT&T and CarForce team up

AT&T and CarForce are collaborating on a global solution that helps car dealerships, fleet managers, and repair shops better manage car maintenance and predict car issues before they happen. CarForce is choosing Denmark to launch an Internet of Things (IoT) solution in the first quarter of 2018.

Ruckus introduces IoT Suite

Ruckus Networks has introduced the Ruckus IoT Suite, which enables organisations to readily construct a secure IoT access network that consolidates multiple physical-layer IoT networks into a single network.

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