![]() ![]() Cyber attackers are constantly using malware to take control of IoT devices or connected machines and conducting malware activities across industries such as BFSI, retail, and healthcare. Geopolitical motivation also leads to a rise in the number of cyberattacks globally. The increase in cyberattacks on IoT devices is accelerating at an unprecedented rate, with more than 2.5 billion global events till 2019. As such, the demand for IoT security solutions is augmenting worldwide in order to detect, resist, and recover various IoT devices from different malicious attacks. This complex integration and interconnectivity of systems have also led to a rise in cyberattacks on devices to gather confidential data. ![]() IoT involves adding internet connectivity to a system of interrelated devices and digital machines. The growing adoption of connected devices and networks has also increased the concern related to cyber threats. The Internet of Things (IoT) security market was estimated at US$799.611 million for the year 2020. ![]()
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