Security News > 2016 > February > Most businesses are considering or implementing IoT (Help Net Security)

Most businesses are considering or implementing IoT (Help Net Security)
2016-02-23 14:30

The Internet of Things (IoT) is growing at an exponential rate. By 2020, some 50 billion devices will connect to the Internet and the economic value created by IoT could be worth as much as $11.1 trillion, roughly 11% of the global economy by 2025. Yet, a single cyberattack could inflict millions of dollars in damage. The annual estimated average financial loss, per cybersecurity incident in 2014 was $2.7 million. That’s 34% higher than a … More →


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