IoT security spending to hit €1.2bn this year - Gartner

Trevor Treharne
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IoT security spending to hit €1.2bn this year - Gartner

Survey finds that nearly 20 per cent of organisations had at least one IoT-based attack in the past three years

Worldwide spending on Internet of Things (IoT) security will reach $1.5bn (€1.22bn) in 2018, a 28 per cent increase from 2017 spending of $1.2bn, according Gartner forecasts. A recent CEB, now Gartner, survey found that nearly 20 per cent of organisations had at least one IoT-based attack in the past three years. "In IoT initiatives, organisations often don't have control over the source and nature of the software and hardware being utilised by smart connected devices," said Ruggero Contu,...

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